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DouYu Sets Ex-Dividend Date for Special Dividend
Douyu (DOYU.US) announced that the ex-dividend date will be September 3rd, with a dividend of $9.76 per ADS.
On July 12th, Gelunhui announced that Douyu (DOYU.US) has set September 3, 2024 as the ex-dividend date for the special cash dividend announced on July 3, 2024. The special cash dividend is $9.76 per share or $9.76 per American Depositary Share ("ADS"). As the dividend amount exceeds 25% of the company's ADS price, a $0.05 per ADS handling fee will be charged by the depositary bank.
Liaoms : After the ex-dividend date, the stock price will directly reduce interest and become more than 7 yuan. So unless you think the stock price will rise immediately after the end of interest, you won't be able to earn more than 9 yuan in dividends per share if you buy it now
Mary ellen Gardiepy OP Liaoms : Thank you. Would you advise buying put options?
Liaoms : Betta's big dividend was not due to the company's profits or any fundamental changes. This dividend is just an act of killing chickens and fetching eggs when the majority shareholders lack money. Therefore, the short-term rise and fall of stocks will be very random. There is a high possibility of a decline in the long run
Mary ellen Gardiepy OP Liaoms : Thank you