MarketWise Raises Quarterly Dividend 25% to $0.25, Declares $0.20 Special Dividend
MarketWise, Inc. (NASDAQ: MKTW), a digital subscription platform for self-directed investors, raised its regular quarterly dividend 25% to $0.25 per Class A share and declared a special dividend of $0.20 per share. The combined $0.45 payout marks a total return of capital as the company sets a full-year 2026 dividend target of $1.80 per share.
MarketWise, Inc. (NASDAQ: MKTW), a multi-brand digital subscription platform providing financial research and tools for self-directed investors, raised its regular quarterly dividend 25% to $0.25 per Class A share and declared a special dividend of $0.20 per share. The board approved the combined $0.45 dividend on March 3, 2026, bringing the total payout to shareholders for the period. Read more dividend announcements.
The Baltimore-based company set a full-year 2026 dividend target of $1.80 per Class A share. At current share prices, the regular and special dividend represents a 13% projected cash dividend yield, according to the company's filing.
MarketWise also approved a comparable distribution of $0.25 per unit to holders of MarketWise, LLC units.
| Dividend Component | Amount per Share | Record Date | Payment Date |
|---|---|---|---|
| Regular Quarterly | $0.25 | March 18, 2026 | March 31, 2026 |
| Special Dividend | $0.20 | March 18, 2026 | March 31, 2026 |
| Total | $0.45 | March 18, 2026 | March 31, 2026 |
The regular quarterly dividend of $0.25 per share represents an increase from the previous $0.20 per share. The special dividend arises from tax distribution payments to noncontrolling interests, with the proportionate payment to MarketWise, Inc. exceeding amounts required for corporate income taxes. The company said it expects quarterly special dividends to continue, though amounts may vary given the mechanical nature of the tax distribution payments.
Fourth Quarter Financial Performance
MarketWise reported net revenue of $83.4 million for the fourth quarter of 2025. Total billings reached $78.9 million in the quarter, a 42% increase year-over-year. Net income for the period was $14.0 million.
Cash from operating activities improved $18.2 million compared to the fourth quarter of 2024. For the full year ended December 31, 2025, cash from operations improved $68.1 million compared to 2024.
The company ended the quarter with $70.1 million in cash and cash equivalents and no debt outstanding.
Share Repurchase Program
MarketWise said it plans to resume its $50 million share buyback program after filing its fiscal 2025 annual report. The company suspended repurchases on October 30, 2025, after receiving a going-private proposal from Monument & Cathedral Holdings, LLC.
Since April 2025, MarketWise repurchased 209,726 shares for $3.4 million under the program.
Monument & Cathedral withdrew its proposal on February 17, 2026, after the company's special committee indicated the $17.25 per share offer undervalued the stock. The proposal was contingent upon termination of the company's tax receivable agreement.
Fiscal 2026 Targets
For fiscal 2026, MarketWise set billings guidance of approximately $300 million, representing 10% growth from fiscal 2025. The company projected cash from operations of approximately $50 million, a nearly 10% year-over-year increase.