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Rongyu Group Co., Ltd. engages in electrical equipment, credit investigation big data, and banking businesses in China. The company offers electrical equipment products, such as electronic control complete sets, permanent magnet low and high voltage switch products, and electronic energy meters, as well as automatic control system integration services; and credit investigation services. It also provides banking services comprising corporate finance, personal finance, and small and micro finance, as well as financial markets and international banking services; and equipment leasing, real estate leasing, and land use right leasing services. The company was formerly known as Jilin Yongda Group Co., Ltd. and changed its name to Rongyu Group Co., Ltd. in November 2016. Rongyu Group Co., Ltd. was founded in 1986 and is based in Beijing, China.

Rongyu Dividend Announcement

• Rongyu announced a annually dividend of ¥1.00 per ordinary share which will be made payable on . Ex dividend date: 2015-03-23
• Rongyu's trailing twelve-month (TTM) dividend yield is -%
• Rongyu's payout ratio for the trailing twelve months (TTM) is -20.74%

Rongyu Dividend History

Ex-Div dateDividend amountDividend typePay date
2015-03-23¥1.00annually
2014-05-23¥0.03annually
2012-06-08¥0.30annually

Rongyu Dividend per year

Rongyu Dividend Yield

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

Rongyu Financial Ratios

P/E ratio-23.16
PEG ratio-1.09
P/B ratio5.03
ROE-22.25%
Payout ratio-20.74%
Current ratio0.35
Quick ratio0.28
Cash Ratio0.17

Rongyu Dividend FAQ

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