Viomi Technology Co., Ltd. Sponsored ADR Declares Special Dividend of $0.07 (NASDAQ:VIOT)

Viomi Technology Co., Ltd. Sponsored ADR (NASDAQ:VIOT - Get Free Report) declared a special dividend on Thursday, March 26th. Investors of record on Monday, April 6th will be paid a dividend of 0.066 per share on Wednesday, April 15th. The ex-dividend date is Monday, April 6th.Viomi Technology has decreased its dividend by an average of 1.0%per year over the last three years. Viomi Technology has a dividend payout ratio of 69.2% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Viomi Technology to earn ($0.04) per share next year, which means the company may not be able to cover its $0.09 annual dividend with an expected future payout ratio of -225.0%. Get Viomi Technology alerts:Viomi Technology Trading Down 12.2%Viomi Technology stock opened at $1.08 on Friday. The business has a 50 day moving average price of $1.36 and a two-hundred day moving average price of $2.21. The company has a quick ratio of 1.87, a current ratio of 1.96 and a debt-to-equity ratio of 0.04. Viomi Technology has a 12 month low of $1.05 and a 12 month high of $4.33. The stock has a market cap of $73.38 million, a price-to-earnings ratio of -5.14 and a beta of 0.32. Hedge Funds Weigh In On Viomi TechnologyHedge funds and other institutional investors have recently modified their holdings of the stock. Police & Firemen s Retirement System of New Jersey acquired a new stake in Viomi Technology in the 4th quarter valued at $28,000. Sei Investments Co. bought a new position in shares of Viomi Technology during the third quarter valued at $59,000. Virtu Financial LLC bought a new position in shares of Viomi Technology during the third quarter valued at $72,000. Nomura Holdings Inc. acquired a new stake in shares of Viomi Technology in the 3rd quarter valued at $77,000. Finally, Jane Street Group LLC acquired a new stake in shares of Viomi Technology in the 4th quarter valued at $47,000. Institutional investors own 1.22% of the company's stock. About Viomi Technology (Get Free Report)Viomi Technology Co, Ltd. NASDAQ: VIOT is a China-based provider of smart home appliances and Internet of Things (IoT) solutions. The company develops, manufactures and markets a wide range of connected home products, including water purifiers, water dispensers, washing machines, refrigerators, ovens, air conditioners and kitchen appliances. By integrating hardware design with proprietary software and cloud-based services, Viomi delivers automated control, remote monitoring and data analytics to enhance user convenience, energy efficiency and home safety. At the core of Viomi's offerings is its open IoT platform, which supports device interconnectivity and cross-brand compatibility.Further ReadingFive stocks we like better than Viomi TechnologyThis 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.Should You Invest $1,000 in Viomi Technology Right Now?Before you consider Viomi Technology, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Viomi Technology wasn't on the list.While Viomi Technology currently has a Sell rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here