Yuanbao Inc. – Sponsored ADR (NASDAQ:YB) Announces $1.26 Annual Dividend

Yuanbao Inc. – Sponsored ADR (NASDAQ:YB) declared an annual dividend on Wednesday, June 10th. Shareholders of record on Thursday, July 2nd will be given a dividend of 1.26 per share on Tuesday, July 28th. This represents a yield of 766.0%. The ex-dividend date of this dividend is Thursday, July 2nd.

Yuanbao Price Performance

Shares of NASDAQ YB traded down $0.39 during mid-day trading on Thursday, hitting $16.45. The company had a trading volume of 33,297 shares, compared to its average volume of 47,539. Yuanbao has a 12 month low of $12.01 and a 12 month high of $31.00. The stock has a market cap of $741.57 million, a price-to-earnings ratio of 4.25 and a beta of 0.46. The firm’s 50 day simple moving average is $16.12 and its two-hundred day simple moving average is $18.58.

About Yuanbao

Our mission is to protect health and well-being through technology. We are a leading technology-driven online insurance distributor in China. We take pride in pioneering the seamless integration of insurance with cutting-edge technologies, and have constructed a highly efficient full consumer service cycle engine. Through this engine, we successfully distribute suitable and high-quality insurance products to over ten million insurance consumers. According to Frost & Sullivan, we were the largest independent insurance distributor in China’s personal life and accident & health (A&H) insurance market in terms of first year premiums in 2023.