NetEase, Inc. (NASDAQ:NTES) will begin trading ex-dividend on December 3, 2020. The quarterly dividend payment of $ 0.192 per share is scheduled to be paid on December 18, 2020. The dividend yield based on the latest trading day closing price was 0.85 percent. Shareholders who purchased NTES shares prior to the ex-dividend date are eligible for the cash dividend payment.
Dividends History
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NetEase, Inc. recently reported third quarter financial results on November 19, 2020, before market open, China communicated income for the third quarter of $ 0.79 per share, from the revenue of $ 2,748.00 million. The quarterly earnings decreased 84.45 percent while revenues elevated 34.18 percent compared with the same quarter last year.
According to street consensus, NTES was expected to report 3Q20 income of $ 0.39 per share from revenue of $ 2773.02 million. The bottom line results beat street analysts by $ 0.4 or 102.56 percent, at the same time, top line results fell short of analysts by $ 25.02 million or 0.9 percent.
Stock Performance
Shares of NetEase, Inc. traded low $ -0.39 or -0.43 percent on Tuesday, reaching $ 89.98 with volume of 1.90 million shares. NetEase, Inc. has traded high as $ 91.39 and has cracked $ 89.43 on the downward trend
According to the previous trading day, closing price of $ 89.98, representing a 69.96 % increase from the 52 week low of $ 53.17 and a 12.71 % decrease over the 52 week high of $ 103.53.
The company has a market capital of $ 63.62 billion and is part of the Technology sector and Internet Content & Information industry.
NetEase, Inc. operates an interactive online community in the Peoples Republic of China. The company operates in four segments: Online Games Services, E-Commerce, Advertising Services, and Innovative Businesses and Other Services.
