Viomi Technology (VIOT) Announces Approval of a Special Dividend

Viomi Technology Co., Ltd (NASDAQ:VIOT) is one of the hot penny stocks to invest in nowOn July 14, Viomi Technology Co., Ltd (NASDAQ:VIOT) announced that its Board of Directors approved a special dividend of $0.0293 per ordinary share ($0.0880 per American depositary share, or ADS). The aggregate amount of the special dividend is expected to be approximately $6 million.

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A customer in an offline experience store testing out a new small appliance.

The dividend will  be paid on or around August 18, 2025, to the holders of Viomi Technology Co., Ltd.’s (NASDAQ:VIOT) ordinary shares, of record, as of the close of business on July 31.

The special dividend payment to holders of ADSs is subject to the terms of the deposit agreement. The dividend will be paid to holders of ADSs on or around August 21, of record, as of the close of business on July 31.

Based in China, Viomi Technology Co., Ltd (NASDAQ:VIOT) operates an IoT Home platform and sells IoT-fitted smart home products. These include its flagship line of water purification systems, smart kitchen products, and other offerings. The company also offers complementary consumable products such as water purifier filters, water quality meters, and water filter pitchers.

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Disclosure: None. This article is originally published at Insider Monkey.