JOYY Dividends and Buybacks
Dividend criteria checks 3/6
JOYY is a dividend paying company with a current yield of 6.71% that is well covered by earnings. Next payment date is on 8th May, 2026 with an ex-dividend date of 22nd April, 2026.
Key information
6.7%
Dividend yield
9.1%
Buyback Yield
| Total Shareholder Yield | 15.8% |
| Future Dividend Yield | 4.9% |
| Dividend Growth | 16.4% |
| Next dividend pay date | 08 May 26 |
| Ex dividend date | 22 Apr 26 |
| Dividend per share | n/a |
| Payout ratio | 9% |
Recent dividend and buyback updates
Recent updates
JOYY: Fundamentals Reset And 2026 Cash Returns And Profit Trends Will Shape Outlook
Narrative Update on JOYY The analyst price target for JOYY is now set at $80, with analysts pointing to a reset valuation, a shift toward fundamentals, and expectations for revived topline and adjusted operating profit growth in 2026 as key drivers of the updated view. Analyst Commentary Recent commentary highlights a reset in expectations for JOYY, with the current US$80 price target framed around a shift away from a yield focused story toward one that is more closely tied to fundamentals.JOYY: Fundamentals Reset And 2026 Profit Revival Prospects Will Shape Balanced Outlook
Narrative Update on JOYY Analysts have kept JOYY's fair value view steady at $64.00 while updating their assumptions, citing recent Street research that highlights an $80.00 target and a potential shift in the story toward fundamentals as topline and adjusted operating profit growth are expected to revive in 2026. Analyst Commentary Recent Street research frames JOYY as being in the middle of a narrative reset, with attention shifting toward whether the business can support a fundamentals-driven story after the valuation reset in 2025.
JOYY: Fundamentals-Led 2026 Profit Rebound Will Support Bullish Case
Analysts have lifted their average price target on JOYY to about $78 from roughly $77, indicating expectations that a shift toward fundamentals and potential improvement in topline and adjusted operating profit in 2026 could support the shares over time. Analyst Commentary Bullish Takeaways Bullish analysts see the shift from a yield-centric story to one anchored on fundamentals as a potential support for a higher valuation multiple over time.JOYY: Higher Implied Upside Will Support Continued Bullish Case
Analysts now see JOYY's fair value at roughly $76.64 per share, up from about $75.98. This reflects small tweaks to assumptions around discount rate, revenue growth, profit margin, and future P/E that modestly lift their price target.JOYY: Higher Profit Assumptions And Lower P/E Will Shape Balanced Outlook
Analysts have revised their price target for JOYY to $64.00 from $37.18, citing updated assumptions around revenue growth, profit margins, the discount rate, and a lower future P/E multiple as key drivers of the change. Valuation Changes Fair Value: updated from $37.18 to $64.00, indicating a large upward reset in the implied valuation range.
JOYY: Advertising Upswing And Capital Returns Will Support Future Equity Upside
Analysts have raised their price targets on JOYY to a range of about $66 to $70, citing updated forecasts that indicate a more positive outlook for the advertising business and expectations of stronger Q4 advertising momentum. Analyst Commentary Bullish analysts are leaning into a more constructive view on JOYY, pointing to advertising as the key driver behind recent target price increases and a firmer valuation for the core business.JOYY: Q4 Advertising Strength And Capital Returns Will Support Core Earnings
Narrative Update The analyst price target for JOYY has been revised modestly to US$94.74 from US$97.00. Analysts cited updated forecasts that factor in stronger recent advertising momentum, expectations for Q4 acceleration and a higher valuation on the core advertising business.Is Now The Time To Put JOYY (NASDAQ:JOYY) On Your Watchlist?
Jan 22
JOYY: Stronger Q4 Advertising Momentum And Buybacks Will Support Upside Potential
Analysts have raised their fair value estimate for JOYY from US$72.67 to US$75.98, citing updated Q3 forecasts that indicate stronger advertising momentum, a more positive outlook for core advertising revenue in Q4, and revised P/E assumptions. Analyst Commentary Recent research updates point to a more constructive tone around JOYY, with higher price targets and refreshed models tied closely to Q3 results and expectations for Q4 advertising trends.JOYY: Q4 Advertising Momentum Will Drive Stronger Core Earnings Power
Analysts have raised their fair value estimate for JOYY from approximately $72 to about $97 per share, citing stronger than expected Q3 results and a significantly brighter outlook for advertising driven revenue and growth into Q4. Analyst Commentary Bullish analysts are pointing to JOYY's stronger than expected Q3 performance and improving advertising trends as key drivers behind recent upward revisions to price targets.JOYY Inc.: A High-Yield Opportunity Trading Below Cash
Dec 15JOYY: Accelerating Advertising Momentum Will Drive Stronger Q4 Performance
Analysts nudged up their price target for JOYY from approximately $69.82 to about $72.67, citing stronger than expected Q3 results and a more robust, accelerating advertising business that supports higher revenue growth assumptions, despite slightly lower margin forecasts. Analyst Commentary Following the Q3 report, bullish analysts highlighted that the performance reinforced confidence in JOYY's core operations and justified higher valuation multiples, particularly for the advertising segment.JOYY: Improved Advertising Outlook Will Drive Q4 Momentum Amid Persistent Execution Risks
Analysts have raised their price target for JOYY from $62.56 to $69.82, citing improved advertising momentum and stronger revenue growth forecasts following recent quarterly results. Analyst Commentary Following JOYY's recent quarterly results, analysts have updated their outlook and price targets, reflecting both optimism and ongoing caution regarding the company's business trajectory.JOYY: Future Prospects Appear Balanced With Attention On Live Streaming Recovery
Analysts have raised JOYY's price target from $59.69 to $62.56, citing improved growth prospects and the company's undervalued stock, driven by potential catalysts in its live streaming and advertising businesses. Analyst Commentary Bullish Takeaways Bullish analysts highlight that JOYY's live streaming business appears to have reached a trough.Opportunities In Advertising Will Face Competitive Risks Over The Next Quarter
Narrative Update on JOYY: Analyst Price Target Adjustment Analysts have maintained JOYY's fair value estimate at $59.69 per share. They cite renewed optimism in the company's live streaming and advertising growth prospects as reasons for their unchanged outlook.Global Expansion Will Crumble Under Regulatory And Demographic Pressures
Analysts have raised JOYY's price target from $56.88 to $59.69, citing an improved outlook as the company's live streaming business stabilizes and advertising emerges as a potential growth driver. Analyst Commentary Bullish Takeaways Bullish analysts highlight that JOYY's live streaming business appears to have stabilized, reducing downside risk to earnings and providing a firmer foundation for future growth.Revenues Not Telling The Story For JOYY Inc. (NASDAQ:JOYY) After Shares Rise 26%
Sep 09Global Expansion Will Crumble Under Regulatory And Demographic Pressures
The consensus price target for JOYY has increased to $55.12, primarily driven by improved revenue growth forecasts and a higher expected future P/E multiple. What's in the News Repurchased 830,000 shares (1.6% of shares) for $36.5 million, completing previously announced buyback.Here's Why JOYY (NASDAQ:JOYY) Has Caught The Eye Of Investors
Jul 25Overvaluation Assumptions Will Crumble Amid Regulatory And Geopolitical Challenges
Aggressive growth and valuation expectations may be challenged by regulatory risks, global competition, and shifting user preferences toward decentralized platforms.What JOYY Inc.'s (NASDAQ:JOYY) P/S Is Not Telling You
Jun 28JOYY Inc. (NASDAQ:JOYY) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
May 29JOYY (NASDAQ:JOYY) Could Easily Take On More Debt
May 03JOYY Inc.'s (NASDAQ:YY) Price Is Out Of Tune With Revenues
Mar 10JOYY Still Undervalued After YY Live Sale To Baidu
Feb 28JOYY Accelerates The Buyback Bazooka
Dec 09The Market Doesn't Like What It Sees From JOYY Inc.'s (NASDAQ:YY) Earnings Yet
Oct 19
Leadership Shift And Innovation Promise Growth Amidst Critical And Market Challenges
Leadership changes and strategic continuity underscored by the new CEO and founder's board involvement aim to drive sustainable growth and enhance profitability.JOYY Had A Sneaky Good Q2
Aug 30Here's Why JOYY (NASDAQ:YY) Has Caught The Eye Of Investors
Aug 27Calculating The Intrinsic Value Of JOYY Inc. (NASDAQ:YY)
Jul 21Is JOYY (NASDAQ:YY) Using Too Much Debt?
Jun 24JOYY Q1 Earnings: Disappointing Revenue Guidance, Maintaining My Hold Rating
May 30Why JOYY's (NASDAQ:YY) Healthy Earnings Aren’t As Good As They Seem
May 03The Market Doesn't Like What It Sees From JOYY Inc.'s (NASDAQ:YY) Earnings Yet
Apr 25JOYY Stock: Pros And Cons Of Investing Now
Apr 09With EPS Growth And More, JOYY (NASDAQ:YY) Makes An Interesting Case
Mar 20JOYY Is A Buy Despite YY Live Deal Cancelation
Jan 23JOYY Inc.'s (NASDAQ:YY) Prospects Need A Boost To Lift Shares
Jan 05JOYY's (NASDAQ:YY) Dividend Will Be Reduced To $0.1975
Sep 12Stability and Growth of Payments
Fetching dividends data
Stable Dividend: JOYY has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: JOYY's dividend payments have increased, but the company has only paid a dividend for 6 years.
Dividend Yield vs Market
| JOYY Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (JOYY) | 6.7% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Interactive Media and Services) | 0.3% |
| Analyst forecast (JOYY) (up to 3 years) | 4.9% |
Notable Dividend: JOYY's dividend (6.71%) is higher than the bottom 25% of dividend payers in the US market (1.41%).
High Dividend: JOYY's dividend (6.71%) is in the top 25% of dividend payers in the US market (4.24%)
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (9.5%), JOYY's dividend payments are thoroughly covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Insufficient data to calculate JOYY's cash payout ratio to determine if its dividend payments are covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/04/30 04:42 |
| End of Day Share Price | 2026/04/30 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
JOYY Inc. is covered by 33 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Alicia Yap | Barclays |
| Yanfang Jiang | Benchmark Company |
| Lei Zhang | BofA Global Research |