QuantaSing Group (QSG) Declares $0.201 Special Dividend; 8.7% Yield

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QuantaSing Announces Declaration of a Special Dividend

October 1, 2024 7:00 AM EDT

BEIJING, Oct. 01, 2024 (GLOBE NEWSWIRE) -- QuantaSing Group Limited (NASDAQ: QSG) (QuantaSing or the Company), a leading lifestyle solution provider empowering adults to live better and longer, today announced that its board of directors (the Board) has approved the declaration and distribution of a special dividend (the Special Dividend) of US$0.067 per ordinary share (US$0.201 per American depositary share, or ADS).

The aggregate amount of the Special Dividend will be approximately US$11 million, which is payable in U.S. dollars and in cash, and will be funded by... More