Sound Group, Inc. (NASDAQ:SOGP) Plans $1.20 Special Dividend

Key Points

• Sound Group, Inc. (NASDAQ:SOGP) declared a special dividend of $1.20 per share; shareholders of record on April 22 will be paid on May 12, and the ex-dividend date is April 22.
• The stock opened at $16.79 with a market capitalization of $82.94 million, a P/E of 186.56, a beta of 2.48, and a 12‑month trading range of $1.18 to $37.00, indicating high volatility.
• Sound Group reported $2.39 EPS for the quarter on only $0.12 million of revenue, suggesting the quarter’s earnings were driven by non‑operational or one‑time items.

Sound Group, Inc. (NASDAQ:SOGP - Get Free Report) declared a special dividend on Tuesday, March 31st, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 22nd will be paid a dividend of 1.20 per share on Tuesday, May 12th. The ex-dividend date is Wednesday, April 22nd.

Sound Group Price Performance

Shares of Sound Group stock opened at $16.79 on Monday. The business has a 50 day simple moving average of $14.87 and a two-hundred day simple moving average of $14.15. Sound Group has a 12 month low of $1.18 and a 12 month high of $37.00. The stock has a market capitalization of $82.94 million, a P/E ratio of 186.56 and a beta of 2.48.

Sound Group (NASDAQ:SOGP - Get Free Report) last announced its earnings results on Wednesday, April 1st. The company reported $2.39 EPS for the quarter. The firm had revenue of $0.12 million for the quarter.

About Sound Group

Sound Group Inc is a global, AI-powered audio company on a mission to help people connect better and live happier. Leveraging its voice AI technologies and deep expertise in audio interaction, Sound Group is building a diverse ecosystem of intelligent audio products that cater to a global user base. By integrating technology, innovative products, and real-world data within a user-centric ecosystem, the Company generates a powerful growth flywheel that drives continuous innovation and accelerates global expansion.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.