Yue Yuen Industrial Ltd. Declares Dividend of $0.20 (OTCMKTS:YUEIY)

Key Points

• Yue Yuen Industrial Ltd. declared a dividend of $0.20 per share, with a yield of 849.0%, payable on October 24th to stockholders of record as of September 16th.
• The company's stock opened at $8.32, having fluctuated between a one-year low of $6.22 and a high of $12.49, and recently experienced a 7.1% decline.
• Yue Yuen Industrial operates as an original design manufacturer for major global brands such as Nike, Adidas, and New Balance, focusing on athletic and casual footwear.

Yue Yuen Industrial Ltd. (OTCMKTS:YUEIY - Get Free Report) announced a dividend on Thursday, September 11th, investing.com reports. Shareholders of record on Tuesday, September 16th will be given a dividend of 0.2046 per share on Friday, October 24th. This represents a yield of 849.0%. The ex-dividend date of this dividend is Monday, September 15th.

Yue Yuen Industrial Stock Performance

YUEIY stock traded up $0.09 during mid-day trading on Tuesday, reaching $8.31. 3,908 shares of the stock traded hands, compared to its average volume of 4,312. The company has a quick ratio of 1.42, a current ratio of 2.14 and a debt-to-equity ratio of 0.11. Yue Yuen Industrial has a 52 week low of $6.22 and a 52 week high of $12.49. The business has a 50-day moving average of $8.28 and a two-hundred day moving average of $7.88.

Yue Yuen Industrial Company Profile

Yue Yuen Industrial (Holdings) Limited, an investment holding company, manufactures and sells athletic, athleisure, casual, and outdoor footwear in the People's Republic of China, rest of Asia, the United States, Europe, and internationally. The company operates as an original design manufacturer/original equipment manufacturer for various international brand names, such as adidas, Asics, New Balance, Nike, Salomon, and Timberland.