Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) To Go Ex-Dividend on October 14th

Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) declared a quarterly dividend on Wednesday, August 19th. Investors of record on Wednesday, October 14th will be paid a dividend of 0.084 per share on Wednesday, October 28th. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Wednesday, October 14th.

Full Truck Alliance has a payout ratio of 19.5% indicating that its dividend is sufficiently covered by earnings. Research 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

Shares of YMM stock opened at $8.64 on Friday. The firm’s 50 day moving average price is $8.76 and its two-hundred day moving average price is $8.83. Full Truck Alliance has a 52-week low of $7.45 and a 52-week high of $14.07. The stock has a market cap of $9.01 billion, a PE ratio of 14.64, a PEG ratio of 0.76 and a beta of 0.35.

Full Truck Alliance (NYSE:YMM) last issued its earnings results on Wednesday, August 19th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.19 by $0.01. The company had revenue of $497.73 million during the quarter, compared to analysts’ expectations of $463.13 million. Full Truck Alliance had a net margin of 33.07% and a return on equity of 10.81%. As a group, sell-side analysts predict that Full Truck Alliance will post 0.69 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Davis Selected Advisers boosted its holdings in Full Truck Alliance by 17.1% during the fourth quarter. Davis Selected Advisers now owns 17,537,524 shares of the company’s stock worth $188,178,000 after purchasing an additional 2,555,751 shares during the last quarter. BLI Banque de Luxembourg Investments increased its stake in Full Truck Alliance by 84.0% in the 4th quarter. BLI Banque de Luxembourg Investments now owns 482,000 shares of the company’s stock valued at $5,266,000 after buying an additional 220,000 shares during the last quarter. Harvest Fund Management Co. Ltd lifted its position in Full Truck Alliance by 23.4% during the 4th quarter. Harvest Fund Management Co. Ltd now owns 986,505 shares of the company’s stock worth $11,502,000 after buying an additional 187,102 shares in the last quarter. UBS Group AG lifted its position in Full Truck Alliance by 258.3% during the 4th quarter. UBS Group AG now owns 9,411,834 shares of the company’s stock worth $100,989,000 after buying an additional 6,784,957 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Full Truck Alliance by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 33,004,634 shares of the company’s stock worth $354,140,000 after buying an additional 461,147 shares during the last quarter. 39.02% of the stock is owned by institutional investors and hedge funds.

About Full Truck Alliance

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.