Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMM) Plans Dividend of $0.08

Full Truck Alliance Co. Ltd. Sponsored ADR (NYSE:YMMGet Free Report) announced a dividend on Thursday, May 21st. Investors of record on Tuesday, July 7th will be paid a dividend of 0.084 per share on Tuesday, July 21st. This represents a yield of 218.0%. The ex-dividend date is Tuesday, July 7th.

Full Truck Alliance has a dividend payout ratio of 19.5% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Full Truck Alliance to earn $0.85 per share next year, which means the company should continue to be able to cover its $0.16 annual dividend with an expected future payout ratio of 18.8%.

Full Truck Alliance Stock Down 0.2%

NYSE YMM opened at $8.41 on Friday. Full Truck Alliance has a 52 week low of $7.45 and a 52 week high of $14.07. The firm has a market capitalization of $8.77 billion, a price-to-earnings ratio of 14.76, a PEG ratio of 0.74 and a beta of 0.31. The company has a fifty day moving average of $8.49 and a two-hundred day moving average of $9.19.

Institutional Trading of Full Truck Alliance

Several institutional investors and hedge funds have recently modified their holdings of the stock. Schroder Investment Management Group grew its stake in Full Truck Alliance by 2,789.6% in the third quarter. Schroder Investment Management Group now owns 33,333,051 shares of the company’s stock worth $432,330,000 after purchasing an additional 32,179,501 shares in the last quarter. First Beijing Investment Ltd raised its position in Full Truck Alliance by 73.8% during the 3rd quarter. First Beijing Investment Ltd now owns 68,645,580 shares of the company’s stock valued at $890,333,000 after purchasing an additional 29,150,926 shares in the last quarter. Invesco Ltd. raised its position in Full Truck Alliance by 66.4% during the 3rd quarter. Invesco Ltd. now owns 54,223,349 shares of the company’s stock valued at $703,277,000 after purchasing an additional 21,628,993 shares in the last quarter. Capital International Investors purchased a new stake in shares of Full Truck Alliance in the 3rd quarter worth $188,227,000. Finally, OLP CAPITAL MANAGEMENT Ltd lifted its holdings in shares of Full Truck Alliance by 198.7% in the 4th quarter. OLP CAPITAL MANAGEMENT Ltd now owns 15,007,851 shares of the company’s stock worth $161,034,000 after buying an additional 9,983,779 shares during the period. Institutional investors own 39.02% of the company’s stock.

Full Truck Alliance Company Profile

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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.

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Dividend History for Full Truck Alliance (NYSE:YMM)

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