JOYY Raises Quarterly Dividend to $1.50 a Share

JOYY Inc. raised its quarterly dividend to $1.50 per share from $1.38, an 8.7% increase, with the stock trading ex-dividend on June 29, 2026.

The Communication Services company, which trades on Nasdaq under the ticker JOYY, has now recorded 1 consecutive year of dividend growth. SmarterDividends data lists the annual dividend at $4.80 per share, implying a forward annual yield of 7.28% at a share price of $65.93. The company has a market capitalization of $3.32 billion.

Business context

JOYY describes itself as a global technology company focused on social entertainment, programmatic advertising and omnichannel e-commerce infrastructure, with products including Bigo Live, Likee and Hago, according to its investor-relations site and latest quarterly results release. The company is headquartered in Singapore and its American depositary shares have traded on Nasdaq since 2012, according to the same release.

The dividend increase follows JOYY’s first-quarter 2026 update, in which the company said revenue rose from the year-earlier period and that its social entertainment business returned to growth while advertising and smart commerce remained areas of expansion. JOYY also said its board had approved an updated shareholder-return program covering dividends and share repurchases through 2028. In the release, management cited operational performance and the company’s balance sheet as part of the rationale for the broader capital-return plan.

Those details provide context for the dividend action, but the company’s dividend record remains uneven. SmarterDividends data show JOYY previously cut its dividend in 2023, and its current dividend safety score is 47 out of 100, equivalent to a D grade.

What it means for income investors

For income investors, the immediate effect is a higher quarterly cash payment, with the ex-dividend date already set at June 29, 2026. The forward yield of 7.28% is high relative to many large dividend payers, but JOYY’s 1-year growth streak, prior 2023 cut and D safety grade argue for treating the payout as less established than those of companies with longer uninterrupted records.

The increase is therefore best read as a shareholder-return development tied to JOYY’s current capital-allocation program, rather than evidence of a long dividend-growth history.