Tuya Inc. (TUYA) to Issue — Dividend of $0.06 on April 15th

Tuya Inc. (NYSE:TUYA) declared 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 yield of 6.1%. The ex-dividend date is Thursday, March 13th.

Tuya Trading Up 1.4 %

Shares of TUYA stock opened at $3.27 on Wednesday. The business’s 50 day moving average is $2.52 and its two-hundred day moving average is $1.93. Tuya has a twelve month low of $1.28 and a twelve month high of $4.63. The company has a market capitalization of $1.74 billion, a P/E ratio of -108.83 and a beta of 0.48.

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

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.