Full Truck Alliance Co. Ltd. Sponsored ADR (YMM) To Go Ex-Dividend on April 8th

Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) announced a dividend on Thursday, March 12th. Stockholders of record on Wednesday, April 8th will be given a dividend of 0.084 per share on Wednesday, April 22nd. This represents a dividend yield of 203.0%. The ex-dividend date of this dividend is Wednesday, April 8th.

Full Truck Alliance has a payout ratio of 17.1% indicating that its dividend is sufficiently covered by earnings. Equities analysts expect Full Truck Alliance to earn $0.58 per share next year, which means the company should continue to be able to cover its $0.14 annual dividend with an expected future payout ratio of 24.1%.

Full Truck Alliance Stock Performance

Shares of YMM opened at $8.20 on Monday. The stock has a 50 day simple moving average of $9.18 and a 200 day simple moving average of $10.87. Full Truck Alliance has a 52-week low of $8.04 and a 52-week high of $14.07. The firm has a market capitalization of $8.57 billion, a PE ratio of 13.66 and a beta of 0.28.

Full Truck Alliance (NYSE:YMM) last announced its earnings results on Saturday, February 14th. The company reported $0.01 EPS for the quarter. Full Truck Alliance had a net margin of 35.22% and a return on equity of 11.33%. The firm had revenue of $456.32 million for the quarter. Equities research analysts predict that Full Truck Alliance will post 0.46 EPS for the current fiscal year.

Hedge Funds Weigh In On Full Truck Alliance

A number of large investors have recently made changes to their positions in YMM. Caitong International Asset Management Co. Ltd boosted its stake in Full Truck Alliance by 150.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,937 shares of the company’s stock valued at $32,000 after purchasing an additional 1,762 shares during the period. Rockefeller Capital Management L.P. acquired a new stake in shares of Full Truck Alliance during the fourth quarter worth $39,000. Banque de Luxembourg S.A. acquired a new stake in shares of Full Truck Alliance during the fourth quarter worth $44,000. CoreCap Advisors LLC boosted its position in shares of Full Truck Alliance by 2,000.0% in the fourth quarter. CoreCap Advisors LLC now owns 4,200 shares of the company’s stock valued at $45,000 after acquiring an additional 4,000 shares during the period. Finally, EverSource Wealth Advisors LLC boosted its position in shares of Full Truck Alliance by 274.9% in the second quarter. EverSource Wealth Advisors LLC now owns 3,880 shares of the company’s stock valued at $46,000 after acquiring an additional 2,845 shares during the period. Institutional investors own 39.02% of the company’s stock.

About Full Truck Alliance

Full Truck Alliance (NYSE: YMM) operates a leading digital freight platform in China, connecting shippers with a vast network of independent truck drivers. The company’s core offering centers on load matching, enabling cargo owners to find suitable carriers quickly through a mobile and web-based interface. By streamlining the booking process, Full Truck Alliance helps reduce downtime and improves overall asset utilization for both shippers and drivers.

The platform features real-time route optimization, electronic waybills, digital payment solutions and in-app communication tools.