HUYA Inc. Sponsored ADR (HUYA) to Issue Special Dividend of $0.14 on June 30th

HUYA Inc. Sponsored ADR (NYSE:HUYAGet Free Report) declared a special dividend on Tuesday, March 17th. Investors of record on Wednesday, June 17th will be paid a dividend of 0.135 per share on Tuesday, June 30th. The ex-dividend date is Wednesday, June 17th.

HUYA has a payout ratio of 1,107.1% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments. Research analysts expect HUYA to earn $0.23 per share next year, which means the company may not be able to cover its $1.55 annual dividend with an expected future payout ratio of 673.9%.

HUYA Price Performance

NYSE:HUYA opened at $2.48 on Monday. HUYA has a one year low of $2.21 and a one year high of $4.93. The company has a market cap of $553.24 million, a P/E ratio of -41.24 and a beta of 0.86. The firm’s fifty day moving average price is $2.93 and its two-hundred day moving average price is $3.28.

HUYA (NYSE:HUYAGet Free Report) last released its quarterly earnings results on Tuesday, May 12th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). HUYA had a positive return on equity of 0.40% and a negative net margin of 1.76%.The business had revenue of $250.68 million for the quarter, compared to the consensus estimate of $251.85 million. As a group, equities research analysts expect that HUYA will post 0.14 earnings per share for the current year.

HUYA Company Profile

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HUYA Inc is a leading interactive live streaming platform based in Guangzhou, China, primarily focused on video game and esports content. The company operates a proprietary technology platform that enables users to broadcast and view live gameplay, participate in real-time chat, and engage with hosts through virtual gifting. Its services are accessible via web browsers, desktop applications and mobile apps for both iOS and Android.

At the core of HUYA’s business are user-generated live streams hosted by professional gamers, influencers and esports organizations.

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