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

Tuya Inc. (NYSE:TUYA) declared a Variable dividend on Monday, August 26th, Zacks reports. Stockholders of record on Wednesday, September 11th will be given a dividend of 0.059 per share on Tuesday, October 15th. The ex-dividend date of this dividend is Wednesday, September 11th.

Tuya Stock Down 2.5 %

Shares of TUYA stock traded down $0.04 during trading on Wednesday, reaching $1.55. The company’s stock had a trading volume of 706,777 shares, compared to its average volume of 315,320. The company has a market cap of $781.80 million, a price-to-earnings ratio of -19.88 and a beta of 0.34. Tuya has a one year low of $1.39 and a one year high of $2.50. The business has a fifty day moving average price of $1.59 and a 200-day moving average price of $1.75.

About Tuya

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.