HUYA Declared A Special Cash Dividend Of $0.66/Ordinary Share, Or $0.66/ADS, Payable May 24, 2024
Portfolio Pulse from Benzinga Newsdesk
HUYA has announced a special cash dividend of $0.66 per ordinary share or ADS, payable on May 24, 2024, to shareholders of record as of May 10, 2024. The ex-dividend date is May 9, 2024, with the total dividend payout expected to be around $150 million, funded by surplus cash.

March 19, 2024 | 10:12 am
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HUYA announced a special cash dividend of $0.66 per share/ADS, payable on May 24, 2024, with a total payout of $150 million.
The declaration of a special cash dividend typically signals a company's strong financial health and surplus cash, which can positively influence investor sentiment and potentially increase the stock price in the short term. Given the significant amount of the dividend ($0.66 per share/ADS) and the total payout ($150 million), this move is likely to be viewed positively by investors, especially considering it is funded by surplus cash, indicating HUYA's solid financial position.
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