WisdomTree, Inc. (NYSE:WT – Get Free Report) announced a quarterly dividend on Wednesday, July 24th, NASDAQ reports. Shareholders of record on Wednesday, August 7th will be paid a dividend of 0.03 per share on Wednesday, August 21st. This represents a $0.12 annualized dividend and a yield of 1.21%. The ex-dividend date is Wednesday, August 7th.
WisdomTree has a dividend payout ratio of 19.7% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect WisdomTree to earn $0.66 per share next year, which means the company should continue to be able to cover its $0.12 annual dividend with an expected future payout ratio of 18.2%.
WisdomTree Price Performance
NYSE:WT traded down $0.11 during mid-day trading on Tuesday, reaching $9.93. 124,039 shares of the stock were exchanged, compared to its average volume of 1,136,140. The company has a current ratio of 3.01, a quick ratio of 2.18 and a debt-to-equity ratio of 0.62. WisdomTree has a 1-year low of $6.06 and a 1-year high of $12.02. The business has a fifty day moving average price of $10.22 and a 200 day moving average price of $9.08. The firm has a market capitalization of $1.51 billion, a PE ratio of 14.76 and a beta of 1.48.
Analyst Ratings Changes
Check Out Our Latest Stock Report on WT
About WisdomTree
WisdomTree, Inc, through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. The company also licenses its indexes to third parties for proprietary products, as well as offers a platform to promote the use of WisdomTree ETFs in 401(k) plans.
Read More
- Five stocks we like better than WisdomTree
- Dividend Payout Ratio Calculator
- There is a Big Opportunity in Microchip Technology’s Sell-Off
- Do ETFs Pay Dividends? What You Need to Know
- Market Shock: How Sectors Have Shaped Up During Historic Sell-Off
- What is Insider Trading? What You Can Learn from Insider Trading
- Caterpillar: The Rebound Is On, New Highs In Sight
Receive News & Ratings for WisdomTree Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WisdomTree and related companies with MarketBeat.com's FREE daily email newsletter.