01WMMAX goes ex-dividend on October 28, 2026, with a quarterly dividend of $2.4580 per share.
02The stock's annual dividend yield is 70.73% at the current price of $13.90 per share.
03WMMAX has a market capitalization of $187.2M and operates in the Financial Services sector.
04Dividend payments have declined significantly from $4.2530 per share in November 2021 to $2.4580 in October 2026.
05High yields can indicate declining stock prices rather than sustainable payouts and warrant evaluation of payout ratios and earnings.
Dividend Details
WMMAX (NASDAQ:WMMAX) will go ex-dividend tomorrow, October 28, 2026.
Investors who purchase shares before the ex-dividend date will receive the upcoming quarterly dividend of $2.4580 per share. The dividend will be paid on October 28, 2026.
Market Overview
At the current stock price of $13.90, WMMAX's dividend represents an annual yield of 70.73%. The Financial Services company has a market capitalization of $187.2M.
Investors who purchase WMMAX shares before the ex-dividend date will receive the upcoming dividend payment. The stock price typically adjusts downward by approximately the dividend amount on the ex-date, reflecting the distribution. Long-term holders focused on total return generally view ex-dividend dates as routine, while income-focused investors may time purchases around these dates.
At a 70.73% yield, WMMAX offers above-average income relative to the broader market. High yields can be attractive for income investors but also warrant scrutiny — an elevated yield sometimes reflects a declining stock price rather than generous payouts. Comparing the yield against the company's payout ratio and earnings trajectory provides a clearer picture of sustainability.