Tuya Inc. Announces — Dividend of $0.06 (NYSE:TUYA)

Tuya Inc. (NYSE:TUYA) announced a — dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Thursday, March 13th will be given a dividend of 0.0608 per share on Tuesday, April 15th. This represents a dividend yield of 6.1%. The ex-dividend date of this dividend is Thursday, March 13th.

Tuya Price Performance

Tuya stock opened at $3.27 on Wednesday. Tuya has a 1-year low of $1.28 and a 1-year high of $4.63. The company has a market cap of $1.74 billion, a PE ratio of -108.83 and a beta of 0.48. The stock’s 50 day moving average price is $2.52 and its 200 day moving average price is $1.93.

Tuya (NYSE:TUYA) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). The firm had revenue of $82.06 million for the quarter, compared to analyst estimates of $81.40 million. Tuya had a negative return on equity of 0.58% and a negative net margin of 5.55%.

Tuya Company Profile

Tuya Inc offers purpose-built Internet of Things (IoT) cloud development platform in the People's Republic of China and internationally. The company provides platform-as-a-service that enables business, original equipment manufacturers, brands, and developers to develop, launch, manage, and monetize software-enabled smart devices and services; and industry software-as-a-service, which enables businesses to deploy, connect, and manage various types of smart devices.