JOYY Inc Dividends
The next dividend date for JOYY Inc has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for JOYY Inc (JOYY)
More About JOYY Inc
JOYY Inc., together with its subsidiaries, engages in the provision of social product matrix and communication technology. It operates through two segments, BIGO and All Other. The company operates Bigo Live, a social live streaming platform that provides an interactive online stage for users to host and watch live streaming sessions, share their life moments, showcase their talents, and interact with people; Likee, a short video social platform, which enables users to discover, create, and share short videos, with video creation tools and personalized feeds; and imo, an instant messenger platform that provides audio and video communication services. It also provides Bigo Ads, a mobile advertising platform, which connects advertisers and publishers; Hago, a social networking platform that offers casual games integrating social features, such as audio and video multi-user chatrooms and 3D virtual interactive party games; and Shopline, a smart commerce platform that provides solutions and services to enable merchants in creating and growing their brands online and reach customers through various sales channels, including e-commerce platforms, social commerce, and physical retail stores. The company operates in the North America, Europe, the Middle East, Southeast Asia, and internationally. The company was formerly known as YY Inc. and changed its name to JOYY Inc. in December 2019. JOYY Inc. was founded in 2005 and is headquartered in Singapore.
Owning JOYY Inc Stock on the Dividend Date
If you own JOYY Inc stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of JOYY Inc stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of JOYY Inc stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying JOYY Inc stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the JOYY Inc dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More JOYY Inc Dividends
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