Update on RLX Technology's Dividend and Stock Performance

Business by 2FIRSTS.ai

Nov.20.2023

Update on RLX Technology's Dividend and Stock Performance

RLX Technology, an e-cigarette manufacturer, announced its fluctuating dividend, with registered shareholders receiving $0.01 per share on December 22.

Recently, according to a report from tickerreport citing securities website Zacks, e-cigarette manufacturer RELX Technology (RLX Technology Inc.) announced on Monday, November 13th that its dividend would fluctuate.

Shareholders registered on December 1st will receive a dividend of $0.01 per share on December 22nd. The dividend yield is 0.4%, and the ex-dividend date is November 30th.

The stock of RLX opened at $1.91 on Wednesday, with a 52-week low of $1.39 and a high of $3.06. The 50-day moving average for the company is $1.58, while the 200-day moving average stands at $1.74.

References:

[1] RLX Technology Inc. Declares Variable Dividend of $0.01 (NYSE:RLX)

Also Read:

[1] RELX Releases Unaudited Financial Report for Q3 2023

[2] RELX Philippines to Launch Disposable Brand WAKA in 2024

#Technology.#Financial update

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