JOYY Inc. Sponsored ADR (JOYY) to Issue Quarterly Dividend of $1.38 on May 8th

JOYY Inc. Sponsored ADR (NASDAQ:JOYY) announced a quarterly dividend on Tuesday, March 10th. Shareholders of record on Wednesday, April 22nd will be given a dividend of 1.38 per share on Friday, May 8th. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend is Wednesday, April 22nd.

JOYY Trading Up 1.9%

NASDAQ:JOYY traded up $1.16 during mid-day trading on Thursday, hitting $62.31. The stock had a trading volume of 50,434 shares, compared to its average volume of 356,400. The company has a 50 day simple moving average of $64.43 and a 200-day simple moving average of $62.07. The stock has a market capitalization of $3.20 billion, a price-to-earnings ratio of 1.59 and a beta of 0.36. JOYY has a 52 week low of $37.53 and a 52 week high of $70.96.

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.