Renrenle Commercial Group Co.,Ltd. operates hypermarkets, boutique supermarkets, boutiques, department stores, and online shopping supermarkets in China. It operates 128 stores in Guangdong, Shaanxi, Sichuan, Tianjin, Chongqing, Guangxi, Fujian, Hunan, Jiangxi, and other provinces. The company was founded in 1996 and is based in Shenzhen, China.
Renrenle Commercial Dividend Announcement
• Renrenle Commercial announced a annually dividend of ¥0.45 per ordinary share which will be made payable on . Ex dividend date: 2012-04-18
• Renrenle Commercial's trailing twelve-month (TTM) dividend yield is -%
• Renrenle Commercial's payout ratio for the trailing twelve months (TTM) is -1.24%
Renrenle Commercial Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2012-04-18 | ¥0.45 | annually | |
| 2011-05-13 | ¥0.45 | annually | |
| 2010-06-04 | ¥0.45 | annually |
Renrenle Commercial Dividend per year
Renrenle Commercial Dividend growth
Renrenle Commercial Dividend Yield
Renrenle Commercial current trailing twelve-month (TTM) dividend yield is -%. Interested in purchasing Renrenle Commercial stock? Use our calculator to estimate your expected dividend yield:
Renrenle Commercial Financial Ratios
P/E ratio-3.31
PEG ratio-0.04
P/B ratio-1.92
ROE82.45%
Payout ratio-1.24%
Current ratio0.27
Quick ratio0.23
Cash Ratio0.07
Renrenle Commercial Dividend FAQ
Does Renrenle Commercial stock pay dividends?
Renrenle Commercial does not currently pay dividends to its shareholders.
Has Renrenle Commercial ever paid a dividend?
No, Renrenle Commercial has no a history of paying dividends to its shareholders. Renrenle Commercial is not known for its dividend payments.
Why doesn't Renrenle Commercial pay dividends?
There are several potential reasons why Renrenle Commercial 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.
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 Renrenle Commercial 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 Renrenle Commercial 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 Renrenle Commercial a dividend aristocrat?
Renrenle Commercial 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 Renrenle Commercial a dividend king?
Renrenle Commercial 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 Renrenle Commercial a dividend stock?
No, Renrenle Commercial 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 Renrenle Commercial stocks?
To buy Renrenle 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 and account minimums.
Place an order: Use the brokerage's trading platform to place an order to buy Renrenle 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.
Place an order: Use the brokerage's trading platform to place an order to buy Renrenle 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.