Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) Declares $0.08 Dividend

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

Full Truck Alliance has a dividend 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 Trading Down 0.2%

Shares of Full Truck Alliance stock opened at $8.41 on Friday. The firm has a market cap of $8.77 billion, a PE ratio of 14.76, a PEG ratio of 0.74 and a beta of 0.31. The stock has a 50 day moving average of $8.49 and a 200 day moving average of $9.19. Full Truck Alliance has a 12 month low of $7.45 and a 12 month high of $14.07.

About Full Truck Alliance

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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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