stock1ace1
1 year ago
1.9 Billion In Cash crazy -> Cash and cash flow
As of December 31, 2022, the Company's cash, cash equivalents, short-term deposits, long-term deposits, short-term investments, short-term restricted cash and long-term restricted cash totaled RMB13,398.8 million (US$1,942.7Β million)
richrichrich
4 years ago
All righty then.....
I'll be the first to admit that I was wrong. And even that URL I posted had it wrong, at 17 cents per share. The dividend is in, and it was a whopper!
I do see the stock price was severely reduced though.....Looks like it will open at 1.08, according to Fidelity.....Still, it was a huge dividend, with some sort of small additional fee charged......
GLTY
richrichrich
4 years ago
Haven't seen my divi come through, even after market close now. Of course I've seen similar "delays" for other divis in the past, using Fidelity......
BTW, after reading a bunch of other posts on Yahoo conversations for FENG, I'm convinced there's a bunch of confusion about the "size" of this dividend, some stating that it's over 25% of the share price.
I too thought it sounded huge(1.3712), when I first read about it. Before buying some of the stock, I did some searches about ADS versus ADR shares. The divi is as stated, per ADS share. The company itself "sets" the ratio, of how many ADR shares equal one ADS share. So the final divi will be 17 cents per FENG ADR share......Not $ 1.3712.....The ratio is 8 to 1......
https://www.prnewswire.com/news-releases/phoenix-new-media-announces-special-cash-dividend-of-us1-3712-per-ads-301176872.html
whytestocks
4 years ago
NEWS: $FENG Phoenix New Media Announces Special Cash Dividend of US$1.3712 per ADS
Phoenix New Media Announces Special Cash Dividend of US$1.3712 per ADS PR Newswire BEIJING, Nov. 19, 2020 BEIJING , Nov. 19, 2020 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG), a leading new media company in China ("Phoenix New Media", "ifeng" or...
In case you are interested FENG - Phoenix New Media Announces Special Cash Dividend of US$1.3712 per ADS
whytestocks
5 years ago
News: $FENG Phoenix New Media Announces Results of Annual General Meeting and Special Cash Dividend
BEIJING , Nov. 14, 2019 /PRNewswire/ -- Phoenix New Media Limited (NYSE: FENG), a leading new media company in China ("Phoenix New Media", "ifeng" or the "Company"), today announced the results of its annual general meeting and the declaration of a special cash dividend. The Comp...
In case you are interested FENG - Phoenix New Media Announces Results of Annual General Meeting and Special Cash Dividend
whytestocks
6 years ago
News: $FENG Phoenix New Media Announces Further Update on Proposed Sale of Investment in Yidian
BEIJING , July 23, 2019 /PRNewswire/ -- Phoenix New Media Limited ("Phoenix New Media", "ifeng" or the "Company") (NYSE: FENG), a leading new media company in China , today announced that it has entered into a supplemental agreement (the "Supplemental Agreement") to the share purchase ag...
Find out more Phoenix New Media Announces Further Update on Proposed Sale of Investment in Yidian
whytestocks
6 years ago
News: $FENG Phoenix New Media Announces Letter of Intent for Sale of Investment in Yidian
BEIJING , Feb. 25, 2019 /PRNewswire/ -- Phoenix New Media Limited ("Phoenix New Media", "ifeng" or the "Company") (NYSE: FENG), a leading new media company in China , today announced that it has entered into a binding letter of intent ("LOI") with a proposed investor (the "Proposed Inves...
Find out more https://marketwirenews.com/news-releases/phoenix-new-media-announces-letter-of-intent-for-sale-of-investment-in-yidian-7748170.html