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Rendong Holdings Co., Ltd. provides financial services in China. It offers third-party payment, commercial factoring, supply chain management, finance lease, and internet small loan services. The company was formerly known as Meson Fintech Co., Ltd. and changed its name to Rendong Holdings Co., Ltd. in August 2018. Rendong Holdings Co., Ltd. was founded in 1998 and is headquartered in Beijing, China.

Rendong Dividend Announcement

Rendong announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2019-07-10. Ex dividend date: 2019-07-10
Rendong's trailing twelve-month (TTM) dividend yield is -%
Rendong's payout ratio for the trailing twelve months (TTM) is -1.31%

Rendong Dividend History

Ex-Div dateDividend amountDividend typePay date
2019-07-10¥0.02annually2019-07-10
2014-07-18¥0.09annually
2013-07-12¥0.05annually
2012-07-06¥0.10annually

Rendong Dividend per year

Rendong Dividend growth

Rendong Dividend Yield

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

Rendong Financial Ratios

P/E ratio-18.12
PEG ratio0.06
P/B ratio76.31
ROE-1318.86%
Payout ratio-1.31%
Current ratio0.74
Quick ratio0.74
Cash Ratio0.70

Rendong Dividend FAQ

Does Rendong stock pay dividends?
Rendong does not currently pay dividends to its shareholders.
Has Rendong ever paid a dividend?
No, Rendong has no a history of paying dividends to its shareholders. Rendong is not known for its dividend payments.
Why doesn't Rendong pay dividends?
There are several potential reasons why Rendong would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Rendong ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Rendong has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Rendong a dividend aristocrat?
Rendong is not considered a Dividend Aristocrat. 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 Rendong a dividend king?
Rendong is not classified as a "Dividend King". 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 Rendong a dividend stock?
No, Rendong is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Rendong stocks?
To buy Rendong 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 and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Rendong 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.