JOYY Inc. Sponsored ADR (JOYY) To Go Ex-Dividend on June 29th

JOYY Inc. Sponsored ADR (NASDAQ:JOYY) declared a quarterly dividend on Monday, May 25th. Investors of record on Monday, June 29th will be given a dividend of 1.50 per share on Tuesday, July 14th. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend is Monday, June 29th. This is a 8.7% increase from JOYY’s previous quarterly dividend of $1.38.

JOYY has raised its dividend by an average of 0.3%annually over the last three years.

JOYY Trading Up 4.7%

NASDAQ JOYY traded up $3.04 on Wednesday, hitting $67.13. 126,136 shares of the stock traded hands, compared to its average volume of 341,431. The stock has a 50-day moving average of $59.00 and a 200 day moving average of $62.05. JOYY has a twelve month low of $46.17 and a twelve month high of $70.96. The company has a market capitalization of $3.36 billion, a P/E ratio of 1.72 and a beta of 0.42.

JOYY (NASDAQ:JOYY) last issued its earnings results on Saturday, February 14th. The company reported $1.34 EPS for the quarter. The company had revenue of $581.92 million during the quarter. JOYY had a return on equity of 3.93% and a net margin of 98.79%. As a group, equities research analysts expect that JOYY will post 4.79 earnings per share for the current year.

JOYY Company Profile

JOYY Inc (NASDAQ: JOYY) is a China-based technology company that develops and operates social media and live-streaming platforms. The company’s core business centers on real-time interactive video services and short-form social content, enabling users to create, share and monetize live and recorded audio-visual content. JOYY’s platforms are designed to connect creators and viewers through features such as live chat, virtual gifting and subscription-based interactions.

Products and services provided by JOYY include consumer-facing mobile and web applications that support live entertainment, social networking and short-form video consumption.