DOYU - Why DouYu International Stock Is Up | Benzinga
DouYu International Holdings Limited (NASDAQ:DOYU) shares are trading higher Wednesday after the company announced its board of directors has approved and declared a special cash dividend.
The Details:
DouYu approved and declared a special cash dividend of $9.76 per share to holders of record as of the close of business on August 21, 2024. The aggregate amount of cash dividends to be paid will be approximately $300 million, with payments expected to be made on or around August 30, 2024.
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“We remain dedicated to protecting shareholders’ interests despite the challenging macroeconomic and operating environment that we continue to face. Primarily due to the Company’s current cash position, our Board of Directors has approved a special cash dividend of approximately US$300 million as ...