Viomi Technology Co., Ltd. Sponsored ADR (VIOT) to Issue Special Dividend of $0.07 on April 15th

Viomi Technology Co., Ltd. Sponsored ADR (NASDAQ:VIOT) announced a special dividend on Wednesday, March 25th. Stockholders of record on Monday, April 6th will be given a dividend of 0.066 per share on Wednesday, April 15th. The ex-dividend date of this dividend is Monday, April 6th.

Viomi Technology has a payout ratio of 69.2% indicating that its dividend is sufficiently covered by earnings. Analysts expect Viomi Technology to earn ($0.04) per share next year, which means the company may not be able to cover its $0.09 annual dividend with an expected future payout ratio of -225.0%.

Viomi Technology Stock Performance

Shares of Viomi Technology stock opened at $1.08 on Friday. Viomi Technology has a 1 year low of $1.03 and a 1 year high of $4.33. The company has a market capitalization of $73.38 million, a P/E ratio of -5.14 and a beta of 0.41. The business has a 50 day moving average price of $1.32 and a 200 day moving average price of $2.11. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.60 and a quick ratio of 2.43.

Viomi Technology Company Profile

Viomi Technology Co, Ltd. (NASDAQ: VIOT) is a China-based provider of smart home appliances and Internet of Things (IoT) solutions. The company develops, manufactures and markets a wide range of connected home products, including water purifiers, water dispensers, washing machines, refrigerators, ovens, air conditioners and kitchen appliances. By integrating hardware design with proprietary software and cloud-based services, Viomi delivers automated control, remote monitoring and data analytics to enhance user convenience, energy efficiency and home safety.

At the core of Viomi’s offerings is its open IoT platform, which supports device interconnectivity and cross-brand compatibility.