How might the dividend influence investor demand and trading volume around the record date of September 15, 2025?

The $0.41‑per‑share quarterly dividend will create a short‑run “dividend‑capture” effect. Investors who need the cash payout will scramble to buy WH shares before the record‑date (Sept 15), pushing demand and tightening the order flow. Because the dividend is modest relative to WH’s price (roughly 1–2 % of a typical $20–$25 level), the upside to the ex‑dividend price is limited, but the need to be on the register still generates a noticeable uptick in buying pressure and volume. In practice, the market often sees a 2–4 % price rise in the days leading up to the record date, followed by a modest sell‑off on the ex‑dividend day as “capturing” traders unwind positions.

From a technical standpoint, the pre‑record‑date rally tends to break short‑term resistance levels (e.g., the prior week’s high) and can trigger breakout‑type volume spikes on the daily and 4‑hour charts. Traders should watch for a sharp volume expansion (VWI or OBV rising) and a bullish momentum shift (e.g., RSI moving above 50) as the date approaches. Once the dividend is paid (Sept 30) and the ex‑dividend day passes, the stock typically reverts toward its pre‑dividend trend, so a planned profit‑target near the recent high or a tight stop just below the breakout level can capture the short‑term upside while limiting exposure to the expected post‑ex‑dividend pull‑back. In short, the dividend will boost demand and volume in the run‑up to Sept 15, offering a tactical, low‑risk entry for traders who can exit before the anticipated ex‑dividend correction.