Joyy Inc dividend calculator – JOYY Declares Quarterly Dividend of $0.51/Share, Payable July 5th; Ex-Dividend Date June 20th
June 23, 2023
🌥️Trending News
JOYY ($NASDAQ:YY) Inc., a leading global provider of social media platforms and services, has declared a quarterly dividend of $0.51 per share, payable on July 5. The ex-dividend date for this dividend is June 20, meaning shareholders of record on June 21 will be eligible to receive the payout. This dividend is the same amount as previous declarations and is a sign of the company’s consistent commitment to returning value to its shareholders. The company operates a large global network of apps and websites, including YY, Bigo Live, and Likee.
These apps have hundreds of millions of users across the world who use the services to communicate, collaborate, and consume content. JOYY Inc. also provides entertainment services such as live streaming and gaming, further broadening its reach. JOYY Inc. has seen considerable financial success and has provided consistent returns to its shareholders over the years. With its latest quarterly dividend declaration, JOYY Inc. continues to demonstrate its commitment to returning value to its shareholders while maintaining its strong financial performance.
Dividends – Joyy Inc dividend calculator
JOYY Inc. has just declared a quarterly dividend of $0.51/Share, payable July 5th with an ex-dividend date of June 20th. In the past three years, the company has issued an annual dividend per share of 1.53, 2.04 and 2.04 USD. The dividend yields from 2021 to 2023 are 6.47%, 6.47%, 3.18%, respectively, with an average dividend yield of 5.37%. For investors who are looking for dividend stocks, JOYY INC provides a viable option to consider.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Joyy Inc. More…
| Total Revenues | Net Income | Net Margin |
| 2.37k | 174.61 | -11.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Joyy Inc. More…
| Operations | Investing | Financing |
| 316.49 | -510.28 | -321.91 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Joyy Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.11k | 3.69k | 75.47 |
Key Ratios Snapshot
Some of the financial key ratios for Joyy Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -15.6% | -13.8% | 28.7% |
| FCF Margin | ROE | ROA |
| 10.4% | 8.2% | 4.7% |
Share Price
The stock opened at $29.6 and closed at $29.7 on the same day, representing a decrease of 3.2%, compared to the previous closing price of $30.7. For those shareholders on record by June 20th, they are eligible to receive the declared dividend. Live Quote…
Analysis
At GoodWhale, we conducted a thorough analysis of JOYY INC‘s fundamentals. After reviewing our Star Chart, we concluded that JOYY INC is strong in asset and medium in dividend, growth and profitability. Based on this information, we have classified JOYY INC as an ‘elephant’, a type of company that is rich in assets after deducting off liabilities. Given JOYY INC’s strong asset base, investors with a long-term and value-oriented perspective may be interested in this company. In addition, JOYY INC has a high health score of 10/10 with regard to its cashflows and debt, which indicates that the company is capable of paying off debt and funding future operations. As such, we believe that this company may be attractive for investors who are looking for stability and returns. More…
Peers
The company operates a number of online platforms, including Youku Tudou, YY Live, and Bigo Live. JOYY Inc‘s main competitors are Grom Social Enterprises Inc, IL2M International Corp, and Lizhi Inc. All three companies are based in the United States.
– Grom Social Enterprises Inc ($NASDAQ:GROM)
Grom Social Enterprises Inc is a social media company that operates in the children’s market. The company has a market capitalization of 6.82 million and a return on equity of -24.49%. The company’s products and services are aimed at children and families. The company was founded in 2010 and is headquartered in Boca Raton, Florida.
– IL2M International Corp ($OTCPK:ILIM)
IL2M International Corp is a publicly traded company with a market cap of 366.35k as of 2022. The company has a Return on Equity of 1203.09%. IL2M International Corp is a holding company that operates in the e-commerce, digital media, and entertainment industries. The company was founded in 2006 and is headquartered in Los Angeles, California.
– Lizhi Inc ($NASDAQ:LIZI)
Lizhi Inc. is a leading audio content platform in China with over 10 years of experience. The company has a market cap of 21.24M as of 2022 and a Return on Equity of 1.81%. Lizhi Inc. provides an innovative and convenient way for people to listen to audio content and connect with others. The company’s mission is to use the power of audio to bring people together and make the world a more connected place.
Summary
Investors of JOYY Inc should take a closer look at the company’s dividends, as it has just declared a quarterly dividend of $0.51/share, payable on July 5 to shareholders of record on June 21. This is in line with dividends previously paid out. On the same day, the stock price of JOYY Inc moved down, potentially reflecting investor sentiment toward the dividend announcement.
Nonetheless, dividends are an important factor for long-term investors who are seeking to gain a steady return from their investments. JOYY Inc may be worth considering as part of a diversified investment portfolio.
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