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Ronglian Group Ltd. provides IT solutions in China and internationally. It provides infrastructure and data center solutions, such as IT planning, application and system integration, professional operation and maintenance, and specialized services; virtualization, and private and hybrid cloud services; and B2B, smart city, and operation services. The company also offers enterprise cloud services, such as cloud planning and design, service migration, resource management, integration development, and operation monitoring services, as well as industry cloud solutions, such as insurance, exploration, and education. In addition, it provides Internet of Vehicles ecosystem through specialized hardware and software products, business platforms, and data services; Internet of Water solution to control leakage and venting, and ensure water quality safety; big data storage, data application, and data visualization solutions; and smart news solutions. Further, the company offers bio-data platform and biological cloud, and hospital and healthcare management solutions. It serves the energy, transportation, telecom, media, finance, insurance, government, education, manufacturing, biological, and healthcare industries. The company was formerly known as UEC Group Ltd. Ronglian Group Ltd. was founded in 2001 and is based in Beijing, China.

Ronglian Dividend Announcement

• Ronglian announced a annually dividend of ¥0.02 per ordinary share which will be made payable on 2017-07-04. Ex dividend date: 2017-07-04
• Ronglian's trailing twelve-month (TTM) dividend yield is -%
• Ronglian's payout ratio for the trailing twelve months (TTM) is -4.56%

Ronglian Dividend History

Ex-Div dateDividend amountDividend typePay date
2017-07-04¥0.02annually2017-07-04
2016-06-24¥0.07annually
2015-06-19¥0.10annually
2014-05-06¥0.04annually
2013-05-22¥0.20annually
2012-04-26¥0.30annually

Ronglian Dividend per year

Ronglian Dividend growth

Ronglian Dividend Yield

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

Ronglian Financial Ratios

P/E ratio-17.92
PEG ratio-6.79
P/B ratio4.89
ROE-27.57%
Payout ratio-4.56%
Current ratio1.49
Quick ratio0.98
Cash Ratio0.28

Ronglian Dividend FAQ

Does Ronglian stock pay dividends?
Ronglian does not currently pay dividends to its shareholders.
Has Ronglian ever paid a dividend?
No, Ronglian has no a history of paying dividends to its shareholders. Ronglian is not known for its dividend payments.
Why doesn't Ronglian pay dividends?
There are several potential reasons why Ronglian 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 Ronglian 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 Ronglian 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 Ronglian a dividend aristocrat?
Ronglian 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 Ronglian a dividend king?
Ronglian 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 Ronglian a dividend stock?
No, Ronglian 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 Ronglian stocks?
To buy Ronglian 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 Ronglian 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.