Dividend Watching: NetEase, Inc. (NASDAQ:NTES) gearing towards $0.78 dividends on Dec 2, 2016.

Dividend Watching: NetEase, Inc. (NASDAQ:NTES) gearing towards $0.78 dividends on Dec 2, 2016.

NetEase, Inc. (NASDAQ:NTES) is expected to pay $0.78 on Dec 2, 2016. The indicated annual dividend is $3.48. Shareholders owning the stock before Nov 22, 2016 will be eligible to receive the payout. Based on NetEase, Inc.’s current price of $230.81, the dividend is 0.34%. This dividend’s record date is Nov 25, 2016 and the announcement date is Nov 10, 2016. The stock decreased 2.54% or $6.02 during the last trading session, hitting $230.81. About 1 shares traded hands. NetEase Inc (ADR) (NASDAQ:NTES) has risen 67.52% since April 19, 2016 and is uptrending. It has outperformed by 63.66% the S&P500.

NetEase, Inc. is a technology company. The company has a market cap of $30.70 billion. The Firm operates an interactive online community in China and is a well-known provider of Chinese language content and services through its online games, Internet media, e-mail, e-commerce and other businesses. It has a 22.79 P/E ratio. The Firm operates through three divisions: Online Game Services; Advertising Services, and E-mail, E-commerce and Others.

NetEase Inc (ADR) (NASDAQ:NTES) Ratings Coverage

Out of 13 analysts covering NetEase (NASDAQ:NTES), 9 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 69% are positive. NetEase has been the topic of 19 analyst reports since August 12, 2015 according to StockzIntelligence Inc. As per Thursday, February 25, the company rating was downgraded by Credit Agricole. The stock has “Buy” rating given by Nomura on Thursday, May 12. The stock has “Outperform” rating given by CLSA on Monday, October 3. The stock of NetEase Inc (ADR) (NASDAQ:NTES) has “Outperform” rating given on Monday, September 21 by Credit Suisse. On Friday, January 22 the stock rating was initiated by Nomura with “Neutral”. The firm has “Overweight” rating by JP Morgan given on Thursday, February 25. Brean Capital initiated the shares of NTES in a report on Monday, July 18 with “Buy” rating. Macquarie Research maintained NetEase Inc (ADR) (NASDAQ:NTES) on Wednesday, September 28 with “Outperform” rating. Goldman Sachs initiated NetEase Inc (ADR) (NASDAQ:NTES) rating on Wednesday, November 25. Goldman Sachs has “Buy” rating and $190 price target. Credit Suisse initiated NetEase Inc (ADR) (NASDAQ:NTES) on Friday, August 19 with “Neutral” rating.

More news for NetEase Inc (ADR) (NASDAQ:NTES) were recently published by: Marketwatch.com, which released: “/quotes/zigman/3870025/realtime” on August 12, 2009. Quotes.Wsj.com‘s article titled: “DOW JONES, A NEWS CORP COMPANY” and published on February 11, 2011 is yet another important article.

NTES Company Profile

NetEase, Inc. (NetEase), incorporated on July 6, 1999, is a technology company. The Firm operates an interactive online community in China and is a well-known provider of Chinese language content and services through its online games, Internet media, e-mail, e-commerce and other businesses. The Firm operates through three divisions: Online Game Services; Advertising Services, and E-mail, E-commerce and Others. The Firm is engaged in the development of applications, services and other technologies for the Internet in China.

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