Vipshop Holdings Limited (VIPS) To Go Ex-Dividend on April 10th

Vipshop Holdings Limited (NYSE:VIPS) announced an annual dividend on Thursday, February 26th. Shareholders of record on Friday, April 10th will be paid a dividend of 0.62 per share by the technology company on Friday, April 24th. This represents a yield of 342.0%. The ex-dividend date of this dividend is Friday, April 10th. This is a 44.2% increase from Vipshop’s previous annual dividend of $0.43.

Vipshop has a payout ratio of 23.7% indicating that its dividend is sufficiently covered by earnings. Analysts expect Vipshop to earn $2.11 per share next year, which means the company should continue to be able to cover its $0.60 annual dividend with an expected future payout ratio of 28.4%.

Vipshop Stock Down 0.2%

VIPS stock opened at $14.99 on Wednesday. Vipshop has a 12 month low of $12.14 and a 12 month high of $21.08. The firm has a market cap of $7.68 billion, a P/E ratio of 7.53, a P/E/G ratio of 1.24 and a beta of 0.76. The company’s 50-day moving average price is $16.55 and its two-hundred day moving average price is $18.07.

Vipshop Company Profile

Vipshop Holdings Limited (NYSE:VIPS) is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.