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-0.000300120048019124 -0.00026677337601702 -0.00026677337601702 -0.000333466720021228 -6.66933440042077E-05 0.00053354675203423 -0.003001200480192 -0.00510204081632644
Stock impact report

Baidu: A Dividend Giant In The Making [Seeking Alpha]

Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share (BIDU) 
Last baidu, inc. - american depositary shares, each representing 8 ordinary share earnings: 2/27 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.baidu.com
Company Research Source: Seeking Alpha
Despite current negative free cash flow due to heavy capex, Baidu's $17.5 billion cash pile generates enough passive interest income to fund a ~2% dividend yield immediately. CFO Haijian He's recent remarks regarding a dividend policy signal that Baidu is preparing to follow Alibaba and Tencent in becoming a yield-generating asset. Trading at ~20.5x forward earnings, the headline valuation ignores the asset-light future of Apollo Go and the normalization of AI capex. V2images/iStock Unreleased via Getty Images Baidu, Inc. ( BIDU ) stock is nowhere near the highs of $330+ seen in early 2021. However, BIDU stock has made a strong comeback in the past 12 months (up 61%). Last November, ahead of Baidu's Q3 earnings, This article was written by Analyst's Disclosure: I/we have a beneficial long position in the shares of BIDU either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensati Show less Read more
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