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Rainbow Digital Commercial Co., Ltd. operates a chain of department stores, supermarkets, shopping malls, and convenience stores in China. It operates 101 shopping centers and department stores, 122 supermarkets, and 212 convenience stores. The company was formerly known as Rainbow Department Store Co., Ltd. and changed its name to Rainbow Digital Commercial Co., Ltd. in 2020. Rainbow Digital Commercial Co., Ltd. was founded in 1984 and is based in Shenzhen, China.

Rainbow Digital Commercial Dividend Announcement

Rainbow Digital Commercial announced a annually dividend of ¥0.16 per ordinary share which will be made payable on 2024-04-26. Ex dividend date: 2024-04-26
Rainbow Digital Commercial annual dividend for 2024 was ¥0.16
Rainbow Digital Commercial annual dividend for 2023 was ¥0.05
Rainbow Digital Commercial's trailing twelve-month (TTM) dividend yield is 3.21%
Rainbow Digital Commercial's payout ratio for the trailing twelve months (TTM) is 115.32%
Rainbow Digital Commercial's dividend growth over the last five years (2018-2023) was -35.56% year
Rainbow Digital Commercial's dividend growth over the last ten years (2013-2023) was -17.20% year

Rainbow Digital Commercial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-04-26¥0.16annually2024-04-26
2023-04-28¥0.05annually2023-04-28
2022-04-20¥0.16annually2022-04-20
2021-04-14¥0.21annually2021-04-14
2020-05-13¥0.42annually2020-05-13
2019-04-24¥0.40annually2019-04-24
2018-04-19¥0.45annually2018-04-19
2017-04-28¥0.36annually2017-04-28
2016-05-06¥0.55annually
2015-05-29¥0.33annually
2014-05-16¥0.36annually
2013-05-17¥0.33annually

Rainbow Digital Commercial Dividend per year

Rainbow Digital Commercial Dividend growth

Rainbow Digital Commercial Dividend Yield

Rainbow Digital Commercial current trailing twelve-month (TTM) dividend yield is 3.21%. Interested in purchasing Rainbow Digital Commercial stock? Use our calculator to estimate your expected dividend yield:

Rainbow Digital Commercial Financial Ratios

P/E ratio35.10
PEG ratio-3.69
P/B ratio1.39
ROE3.91%
Payout ratio115.32%
Current ratio0.52
Quick ratio0.46
Cash Ratio0.18

Rainbow Digital Commercial Dividend FAQ

How much is the next Rainbow Digital Commercial dividend?
Rainbow Digital Commercial's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Rainbow Digital Commercial dividend. The next Rainbow Digital Commercial dividend will be released in April.
When is Rainbow Digital Commercial dividend paid?
Rainbow Digital Commercial pays dividends on a annually basis. The specific dates may vary each year but are generally around April. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Rainbow Digital Commercial pay?
The specific amount of Rainbow Digital Commercial dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Rainbow Digital Commercial's dividend history.
Does Rainbow Digital Commercial stock pay dividends?
Yes, Rainbow Digital Commercial does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Rainbow Digital Commercial's dividend history.
How much dividend does Rainbow Digital Commercial pay?
Rainbow Digital Commercial paid ¥0.16 in 2024, ¥0.05 in 2023, ¥0.16 in 2022, ¥0.21 in 2021, and ¥0.42 in 2020.
How often does Rainbow Digital Commercial pay dividends?
Rainbow Digital Commercial typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around April.
What is Rainbow Digital Commercial's dividend yield?
The current dividend yield for Rainbow Digital Commercial is 3.21%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Rainbow Digital Commercial's exact dividend yield.
When does Rainbow Digital Commercial go ex dividend?
Rainbow Digital Commercial's ex-dividend date for the latest dividend was on 2024-04-26. Rainbow Digital Commercial typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Rainbow Digital Commercial dividend paid?
Rainbow Digital Commercial pays dividends on a annually basis, typically around April, but the exact dates can vary each year.
Will Rainbow Digital Commercial increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Rainbow Digital Commercial will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Rainbow Digital Commercial dividend per share?
Rainbow Digital Commercial paid ¥0.16 per share in 2024 and ¥0.05 per share in 2023. The amount of dividend per share that Rainbow Digital Commercial pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Rainbow Digital Commercial a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Rainbow Digital Commercial a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Rainbow Digital Commercial a dividend stock?
Yes, Rainbow Digital Commercial is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Rainbow Digital Commercial a good dividend stock?
Whether Rainbow Digital Commercial is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Rainbow Digital Commercial has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Rainbow Digital Commercial as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Rainbow Digital Commercial pay dividends monthly?
Rainbow Digital Commercial typically pays dividends on a annually basis.
Does Rainbow Digital Commercial pay dividends quarterly?
Rainbow Digital Commercial currently pays dividends on a annually basis.
Has Rainbow Digital Commercial ever paid a dividend?
Yes, Rainbow Digital Commercial has a history of paying dividends to its shareholders. Rainbow Digital Commercial is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Rainbow Digital Commercial dividend stocks?
To buy Rainbow Digital Commercial you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Rainbow Digital Commercial stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Rainbow Digital Commercial pay dividends 2024?
Rainbow Digital Commercial pays dividends on a annually basis. 2024 dividend payments are in 2024-04-26. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Rainbow Digital Commercial increase its dividend in 2024?
Decisions regarding Rainbow Digital Commercial dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Rainbow Digital Commercial dividend overview you can look into the above table of dividend history.
How Rainbow Digital Commercial dividend works?
The Rainbow Digital Commercial dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Rainbow Digital Commercial's dividend process works:

1. Determination of Dividend: Rainbow Digital Commercial's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Rainbow Digital Commercial publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Rainbow Digital Commercial distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Rainbow Digital Commercial are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Rainbow Digital Commercial dividends paid?
Rainbow Digital Commercial dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Rainbow Digital Commercial sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Rainbow Digital Commercial distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Rainbow Digital Commercial declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Rainbow Digital Commercial pay dividends?
Rainbow Digital Commercial typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Rainbow Digital Commercial pay dividends?
The general pattern is that Rainbow Digital Commercial pays dividends around April. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Rainbow Digital Commercial dividend safe?
The safety of Rainbow Digital Commercial's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Rainbow Digital Commercial's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Rainbow Digital Commercial's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.