Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM – Get Free Report) declared a dividend on Thursday, March 12th. Shareholders of record on Wednesday, April 8th will be given a dividend of 0.084 per share on Wednesday, April 22nd. This represents a yield of 203.0%. The ex-dividend date of this dividend is Wednesday, April 8th.
Full Truck Alliance has a dividend payout ratio of 17.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Full Truck Alliance to earn $0.58 per share next year, which means the company should continue to be able to cover its $0.14 annual dividend with an expected future payout ratio of 24.1%.
Full Truck Alliance Stock Down 0.2%
Shares of YMM stock opened at $8.20 on Monday. The firm has a market capitalization of $8.57 billion, a PE ratio of 13.66 and a beta of 0.28. The company has a 50 day moving average price of $9.18 and a 200-day moving average price of $10.87. Full Truck Alliance has a 52 week low of $8.04 and a 52 week high of $14.07.
Full Truck Alliance Company Profile
Full Truck Alliance (NYSE: YMM) operates a leading digital freight platform in China, connecting shippers with a vast network of independent truck drivers. The company’s core offering centers on load matching, enabling cargo owners to find suitable carriers quickly through a mobile and web-based interface. By streamlining the booking process, Full Truck Alliance helps reduce downtime and improves overall asset utilization for both shippers and drivers.
The platform features real-time route optimization, electronic waybills, digital payment solutions and in-app communication tools.
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