JOYY Inc., together with its subsidiaries, operates social media platforms that offer users engaging and experience across various video and audio-based social platforms. The company operates Bigo Live, a live streaming platform that allows users to live stream specific moments, such as showcase talents, socialize, and connect with other users worldwide; Likee, a short-form video social platform that focuses on enabling users to create short-form video; Hago, a casual game-oriented social platform; and imo, a chat and instant messaging application with functions, including video calls and other communication tools, such as group calls, document sharing, etc.. It operates in the People's Republic of China, the United States, the Great Britain, Japan, South Korea, Australia, the Middle East, and Southeast Asia and others. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.
JOYY Dividend Announcement
• JOYY announced a quarterly dividend of $0.20 per ordinary share which will be made payable on 2023-10-13. Ex dividend date: 2023-09-25
• JOYY annual dividend for 2023 was $1.21
• JOYY's trailing twelve-month (TTM) dividend yield is -%
JOYY Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2023-09-25 | $0.20 | quarterly | 2023-10-13 |
2023-06-20 | $0.51 | quarterly | 2023-07-05 |
2023-04-12 | $0.51 | quarterly | 2023-04-28 |
2022-12-22 | $0.51 | quarterly | 2023-01-06 |
2022-09-21 | $0.51 | quarterly | 2022-10-06 |
2022-06-22 | $0.51 | quarterly | 2022-07-06 |
2022-04-13 | $0.51 | quarterly | 2022-04-29 |
2021-12-09 | $0.51 | quarterly | 2021-12-23 |
2021-09-09 | $0.51 | quarterly | 2021-09-29 |
2021-06-17 | $0.51 | quarterly | 2021-06-28 |
2021-04-16 | $0.51 | quarterly | 2021-04-30 |
2020-12-10 | $0.51 | quarterly | 2020-12-23 |
2020-09-03 | $0.31 | quarterly | 2020-09-18 |
JOYY Dividend per year
JOYY Dividend growth
JOYY Dividend Yield
JOYY current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing JOYY stock? Use our calculator to estimate your expected dividend yield:
JOYY Financial Ratios
JOYY Dividend FAQ
Other factors to consider when evaluating JOYY as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: JOYY's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, JOYY publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, JOYY distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from JOYY are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: JOYY sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, JOYY distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: JOYY declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of JOYY's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review JOYY's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.