DouYu International Holdings (DOYU) has released an update.
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DouYu International Holdings Limited, a major player in China’s game-centric live streaming and eSports sectors, has announced a special cash dividend of $9.76 per share, totaling approximately $300 million. The dividend is in line with the company’s commitment to shareholder value, amidst a tough economic climate, and will be paid out at the end of August 2024. DouYu’s strong cash reserves have enabled this move, reflecting the company’s robust financial health and dedication to its investors.
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