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Wednesday marks the last chance for investors to receive the next dividend payout from Iron Spark I (NASDAQ:ISAA).

What's Happening

The company announced on Monday that it would pay shareholders a quarterly dividend of 5 cents per share. On Thursday, Iron Spark I will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 5 cents lower than it would have opened on any other day.

In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this

Iron Spark I: Dividend Insights