Monday Is Your Last Chance To Buy JOYY Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Monday is the last day for investors to buy JOYY (NASDAQ:YY) shares to be eligible for the next dividend payout of 51 cents per share. The stock will go ex-dividend on Tuesday, and the dividend will be paid out on July 5, 2023.
June 15, 2023 | 2:45 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
JOYY (NASDAQ:YY) will go ex-dividend on Tuesday, with a dividend payout of 51 cents per share. Investors must own shares by the end of Monday's session to be eligible.
The news is directly related to JOYY's dividend payout, which is important for investors who want to receive the dividend. However, the short-term impact on the stock price is neutral, as the stock will likely open 51 cents lower on Tuesday to reflect the payout, which is a common occurrence for stocks going ex-dividend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100