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

Tuya Inc. (NYSE:TUYA) declared a — dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders 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 Trading Down 5.0 %

NYSE TUYA traded down $0.17 on Monday, reaching $3.23. The stock had a trading volume of 3,531,065 shares, compared to its average volume of 4,415,836. Tuya has a 1 year low of $1.28 and a 1 year high of $4.63. The business has a 50 day moving average price of $2.46 and a 200 day moving average price of $1.91. The company has a market capitalization of $1.73 billion, a price-to-earnings ratio of -107.67 and a beta of 0.48.

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

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.