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KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ) Plans $0.51 Annual Dividend

KANZHUN logo with Industrials background
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Key Points

  • Kanzhun announced a $0.51 per-share annual dividend, payable October 14 to shareholders of record September 28. The stated dividend yield is 313.0%, while the article also cites a $0.14 annual dividend and a payout ratio near 12%.
  • Kanzhun shares opened at $16.29, up 5.5%, with a market capitalization of $6.68 billion. The company reported quarterly earnings of $0.33 per share on revenue of $353.05 million.
  • Analyst sentiment is moderately positive: the stock has a consensus “Moderate Buy” rating and an average price target of $18.67, with three Buy ratings and three Holds.
  • MarketBeat previews top five stocks to own in September.

KANZHUN LIMITED Sponsored ADR (NASDAQ:BZ - Get Free Report) announced an annual dividend on Tuesday, August 25th. Stockholders of record on Monday, September 28th will be given a dividend of 0.51 per share on Wednesday, October 14th. This represents a dividend yield of 313.0%. The ex-dividend date is Monday, September 28th.

KANZHUN has a dividend payout ratio of 12.0% meaning its dividend is sufficiently covered by earnings. Analysts expect KANZHUN to earn $1.10 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 12.7%.

KANZHUN Trading Up 5.5%

Shares of BZ opened at $16.29 on Wednesday. KANZHUN has a twelve month low of $12.57 and a twelve month high of $25.26. The firm has a market capitalization of $6.68 billion, a P/E ratio of 15.97, a price-to-earnings-growth ratio of 1.71 and a beta of 0.48. The stock's fifty day simple moving average is $14.94 and its 200 day simple moving average is $14.69.

KANZHUN (NASDAQ:BZ - Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported $0.33 EPS for the quarter. The company had revenue of $353.05 million during the quarter. KANZHUN had a return on equity of 15.19% and a net margin of 40.21%. Sell-side analysts predict that KANZHUN will post 0.96 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have weighed in on BZ. Zacks Research raised shares of KANZHUN from a "strong sell" rating to a "hold" rating in a research report on Wednesday, May 20th. Bank of America assumed coverage on shares of KANZHUN in a research report on Tuesday, August 18th. They issued a "neutral" rating and a $19.00 price objective for the company. Sanford C. Bernstein upgraded shares of KANZHUN from a "market perform" rating to an "outperform" rating and lifted their target price for the company from $16.50 to $18.00 in a report on Friday, June 5th. Finally, Weiss Ratings upgraded KANZHUN from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $18.67.

Read Our Latest Analysis on BZ

KANZHUN Company Profile

(Get Free Report)

Kanzhun Ltd. NASDAQ: BZ operates a leading AI-driven online recruitment platform under the brand name Boss Zhipin. The platform leverages algorithmic job matching and instant in-app messaging to connect job seekers and employers, streamlining the hiring process and reducing time-to-fill. By combining machine-learning recommendations with direct recruiter interactions, Kanzhun aims to create a more efficient, personalized recruitment experience compared with traditional job boards.

Beyond its core peer-to-peer marketplace, Kanzhun provides a suite of premium services for corporate clients, including employer branding packages, targeted marketing campaigns and SaaS-based human capital management tools.

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