JOYY Inc.
JOYYCommunication Services · Stock · quarterly payer
Forward Yield
7.20%
Annual Dividend
$5.40
Payout Ratio
114%
5-Yr Growth
18.1%
Ex-Date
Sep 30, 2026
Frequency
Quarterly
Summary
As of September 2026, JOYY Inc. (JOYY) yields 7.20% ($5.40 per share annually), with a blended fair-value estimate of $168.92 — +125% upside, so it screens as undervalued. Dividend safety grade: D (39/100). 1 years of dividend growth.
Is JOYY a good dividend stock?
Higher riskJOYY Inc. (JOYY) pays a quarterly dividend yielding 7.20% ($5.40/yr), with 1 year of growth and a dividend-safety grade of D. Treat the dividend with caution — recent cuts, a stretched payout or a falling price raise the risk.
Advantages
- Strong 18.1% 5-yr dividend growth
Risks
- Cut its dividend in 2023
- Elevated payout ratio (114%)
- Below-average dividend safety score
Key Data
- Dividend Yield
- 7.20%
- Payout Ratio
- 114%
- Annual Dividend
- $5.40
- 5-Yr Avg Growth
- 18.1%
- Ex-Dividend Date
- Sep 30, 2026
- Years of Growth
- 1
- Frequency
- quarterly
- Beta
- 0.47
- Market Cap
- $3.7B
- P/E Ratio
- 17.8
- 5-Yr Total Return
- 37%
- 52-Week Range
- $54.24 – $80.90
- Dividend Safety
- D · 39/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
JOYY Price — Last 12 Months
Daily close
Price Return
1 Year
+28%
3 Years
+97%
5 Years
+37%
52-Week Range
$54.24 – $80.90
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is JOYY worth?
Undervaluedlow confidenceOur blended fair-value estimate for JOYY Inc. is $168.92 per share, versus a market price of $75.00. That implies 125% of upside — a margin of safety of about 56%.
Fair Value
$168.92
Current Price
$75.00
Upside
+125%
Margin of Safety
56%
How we get there
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model 18.2% — below our estimate, leaving room for upside if the business executes.
Assumptions: 7.0% discount rate (CAPM), 18.2% stage-1 growth, 2.5% terminal growth, $4.22 EPS, $5.40 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
JOYY Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jun 29, 2026 | — | $1.5000 | regular |
| Apr 22, 2026 | — | $1.3800 | regular |
| Jan 2, 2026 | — | $0.9700 | regular |
| Sep 22, 2025 | — | $0.9500 | regular |
| Jun 23, 2025 | — | $0.9400 | regular |
| Apr 17, 2025 | — | $0.9300 | regular |
| Sep 25, 2023 | — | $0.2000 | regular |
| Jun 20, 2023 | — | $0.5100 | regular |
| Apr 12, 2023 | — | $0.5100 | regular |
| Dec 22, 2022 | — | $0.5100 | regular |
| Sep 21, 2022 | — | $0.5100 | regular |
| Jun 22, 2022 | — | $0.5100 | regular |
| Apr 13, 2022 | — | $0.5100 | regular |
| Dec 9, 2021 | — | $0.5100 | regular |
Income Calculator
At $5.40 / yr per share
