Autohome Inc. (ATHM) to Distribute Special Dividend of $0.66 on July 31st

Autohome Inc. (NYSE:ATHM) declared a special dividend on Thursday, May 28th. Stockholders of record on Thursday, July 2nd will be paid a dividend of 0.66 per share by the information services provider on Friday, July 31st. The ex-dividend date of this dividend is Thursday, July 2nd.

Autohome has raised its dividend by an average of 0.2%annually over the last three years. Autohome has a dividend payout ratio of 124.9% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect Autohome to earn $1.37 per share next year, which means the company may not be able to cover its $2.41 annual dividend with an expected future payout ratio of 175.9%.

Autohome Price Performance

Shares of Autohome stock opened at $19.02 on Tuesday. Autohome has a 1 year low of $15.57 and a 1 year high of $29.92. The business has a 50 day moving average price of $18.04 and a 200 day moving average price of $19.80. The company has a market capitalization of $2.19 billion, a P/E ratio of 14.52 and a beta of 0.23.

Autohome (NYSE:ATHM) last announced its earnings results on Sunday, February 15th. The information services provider reported $0.09 EPS for the quarter. The firm had revenue of $208.96 million for the quarter. Autohome had a return on equity of 5.01% and a net margin of 17.91%. As a group, research analysts expect that Autohome will post 1.18 EPS for the current fiscal year.

About Autohome

Autohome Inc (NYSE: ATHM) operates one of China’s leading online destinations for automobile consumers, offering a comprehensive suite of digital platforms and services throughout the vehicle ownership lifecycle. Headquartered in Beijing, the company’s core website and mobile applications deliver news, reviews, pricing information, photos, videos and interactive tools to help prospective buyers evaluate new and used vehicles. By aggregating rich editorial content with user-generated ratings and expert analyses, Autohome seeks to guide consumers through research, purchase and after-sales decision-making.

In addition to its consumer-facing properties, Autohome provides automakers, dealers and service providers with integrated digital marketing and e-commerce solutions.