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

JOYY Inc. Sponsored ADR (NASDAQ:JOYY) announced 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 9.0%. The ex-dividend date 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%per year over the last three years.

JOYY Trading Up 0.3%

JOYY stock opened at $66.62 on Friday. The company’s 50-day moving average price is $62.49 and its 200 day moving average price is $62.91. JOYY has a 52 week low of $48.53 and a 52 week high of $70.96. The company has a market cap of $3.33 billion, a P/E ratio of 15.46 and a beta of 0.45.

JOYY (NASDAQ:JOYY) last issued its earnings results on Saturday, February 14th. The company reported $1.34 earnings per share (EPS) for the quarter. JOYY had a net margin of 10.42% and a return on equity of 3.67%. The company had revenue of $581.92 million during the quarter. On average, equities research analysts expect that JOYY will post 4.65 earnings per share for the current year.

About JOYY

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.