Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) To Go Ex-Dividend on July 7th

Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMMGet Free Report) announced a dividend on Thursday, May 21st. Shareholders of record on Tuesday, July 7th will be given a dividend of 0.084 per share on Tuesday, July 21st. This represents a yield of 218.0%. The ex-dividend date of this dividend is Tuesday, July 7th.

Full Truck Alliance has a payout ratio of 19.5% indicating that its dividend is sufficiently covered by earnings. Analysts expect Full Truck Alliance to earn $0.85 per share next year, which means the company should continue to be able to cover its $0.16 annual dividend with an expected future payout ratio of 18.8%.

Full Truck Alliance Stock Performance

YMM stock opened at $8.41 on Friday. Full Truck Alliance has a 1 year low of $7.45 and a 1 year high of $14.07. The stock has a market capitalization of $8.77 billion, a price-to-earnings ratio of 14.76, a PEG ratio of 0.74 and a beta of 0.31. The stock’s fifty day moving average is $8.49 and its two-hundred day moving average is $9.19.

Full Truck Alliance Company Profile

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Full Truck Alliance (NYSE: YMM) operates a leading digital freight platform in China, connecting shippers with a vast network of independent truck drivers. The company’s core offering centers on load matching, enabling cargo owners to find suitable carriers quickly through a mobile and web-based interface. By streamlining the booking process, Full Truck Alliance helps reduce downtime and improves overall asset utilization for both shippers and drivers.

The platform features real-time route optimization, electronic waybills, digital payment solutions and in-app communication tools.

Further Reading

Dividend History for Full Truck Alliance (NYSE:YMM)

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