Viomi Technology Co., Ltd (NASDAQ:VIOT) approved a special dividend of $0.0293 per ordinary share ($0.0880 per ADS), totaling around $6 million. The dividend will be paid on or around August 18, 2025, to shareholders of record as of July 31. Viomi operates an IoT Home platform selling smart home products, including water purification systems and kitchen products.

Holders of Viomi ADSs will receive the special dividend around August 21. The company also offers consumable products like water purifier filters. While VIOT has investment potential, other AI stocks may offer greater upside with less risk. Investors seeking undervalued AI stocks can explore options in the market.

Samsara Inc. (IOT) is among the stocks insiders are selling in March. Viomi Technology Co., Ltd is considered one of the hot penny stocks to invest in now. The company’s operations in China focus on IoT Home products. For more stock insights, check out the latest reports on stocks that are expected to double in the next three years.

Read more at Yahoo Finance: Viomi Technology (VIOT) Announces Approval of a Special Dividend