DouYu International's Board Of Directors Approved And Declared A Special Cash Dividend Of $9.76 Per Share, Or $9.76 Per ADS, To Holders Of Record Of Ordinary Shares And ADSs As Of The Close Of Business On August 21, 2024
Portfolio Pulse from Benzinga Newsdesk
DouYu International's Board of Directors has approved and declared a special cash dividend of $9.76 per share or ADS, payable to holders of record as of August 21, 2024.
July 03, 2024 | 9:33 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
DouYu International has declared a special cash dividend of $9.76 per share or ADS, which is likely to positively impact the stock price in the short term as investors may be attracted to the dividend payout.
The announcement of a special cash dividend is generally seen as a positive signal by the market, indicating strong financial health and a commitment to returning value to shareholders. This is likely to attract investors looking for dividend income, thereby boosting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100