RLX Technology Inc. (NYSE:RLX) to Issue $0.01 Annual Dividend

RLX Technology Inc. (NYSE:RLX) announced an annual dividend on Friday, November 15th,NASDAQ Dividends reports. Investors of record on Friday, December 6th will be paid a dividend of 0.01 per share on Friday, December 20th. This represents a yield of 0.59%. The ex-dividend date is Friday, December 6th.

RLX Technology Stock Up 3.7 %

NYSE:RLX traded up $0.06 during trading hours on Friday, hitting $1.69. 8,322,726 shares of the company traded hands, compared to its average volume of 4,520,784. The company has a market cap of $2.65 billion, a PE ratio of 42.38 and a beta of 0.93. The firm’s 50-day simple moving average is $1.68 and its 200-day simple moving average is $1.77. RLX Technology has a one year low of $1.50 and a one year high of $2.40.

RLX Technology (NYSE:RLX) last released its quarterly earnings results on Friday, August 16th. The company reported $0.01 earnings per share for the quarter. RLX Technology had a net margin of 18.25% and a return on equity of 2.48%. The company had revenue of $86.30 million for the quarter.

About RLX Technology

RLX Technology Inc, together with its subsidiaries, engages in the manufacture and sale of e-vapor products in the People's Republic of China and internationally. It serves partner distributors and retail outlets. The company was founded in 2018 and is headquartered in Beijing, China.