Autohome Inc. (NYSE:ATHM – Get Free Report) announced a special dividend on Thursday, May 28th. Stockholders of record on Thursday, July 2nd will be paid a dividend of 0.66 per share by the information services provider on Friday, July 31st. The ex-dividend date is Thursday, July 2nd.
Autohome has increased its dividend by an average of 0.2%per year over the last three years. Autohome has a dividend payout ratio of 90.7% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall. Research analysts expect Autohome to earn $1.30 per share next year, which means the company may not be able to cover its $1.75 annual dividend with an expected future payout ratio of 134.6%.
Autohome Trading Up 5.9%
Shares of Autohome stock traded up $0.96 on Thursday, reaching $17.34. The stock had a trading volume of 1,039,755 shares, compared to its average volume of 537,733. Autohome has a 1 year low of $15.57 and a 1 year high of $29.92. The company has a market cap of $2.00 billion, a P/E ratio of 10.57 and a beta of 0.26. The business’s 50 day moving average is $17.91 and its two-hundred day moving average is $20.70.
About Autohome
Autohome Inc (NYSE: ATHM) operates one of China’s leading online destinations for automobile consumers, offering a comprehensive suite of digital platforms and services throughout the vehicle ownership lifecycle. Headquartered in Beijing, the company’s core website and mobile applications deliver news, reviews, pricing information, photos, videos and interactive tools to help prospective buyers evaluate new and used vehicles. By aggregating rich editorial content with user-generated ratings and expert analyses, Autohome seeks to guide consumers through research, purchase and after-sales decision-making.
In addition to its consumer-facing properties, Autohome provides automakers, dealers and service providers with integrated digital marketing and e-commerce solutions.
Further Reading
- Five stocks we like better than Autohome
- 3 Stocks Rallying on Micron’s Price Boost: Substance or Hype?
- Snowflake and the Snowballing Impact of its AI Flywheel
- AI’s Biggest Bottleneck Could Make These 2 Stocks Soar
- These 3 Beaten-Down Stocks Just Saw $25 Million in Insider Buying
Receive News & Ratings for Autohome Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Autohome and related companies with MarketBeat.com's FREE daily email newsletter.
