Tuya Inc. (NYSE:TUYA) Plans — Dividend of $0.06

Tuya Inc. (NYSE:TUYA) declared a — dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.0608 per share on Tuesday, April 15th. This represents a dividend yield of 6.1%. The ex-dividend date of this dividend is Thursday, March 13th.

Tuya Trading Down 5.0 %

TUYA opened at $3.23 on Tuesday. Tuya has a 12-month low of $1.28 and a 12-month high of $4.63. The business’s fifty day simple moving average is $2.49 and its 200-day simple moving average is $1.92. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of -107.67 and a beta of 0.48.

Tuya (NYSE:TUYA) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $0.02 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.01). Tuya had a negative return on equity of 0.58% and a negative net margin of 5.55%. The firm had revenue of $82.06 million for the quarter, compared to the consensus estimate of $81.40 million.

Tuya Company Profile

Tuya Inc offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.