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Ruijie Networks Co., Ltd. engages in the research, development, production, and sale of switch, router, wireless, cloud class, security, and gateway products and solutions in China and internationally. It offers data center, core/aggregation, access router, metal, and industrial switches; wireless products, such as indoor, wall-mount, and outdoor access points, as well as wireless controllers and accessories; cloud managed security and integrated gateway solutions; cloud, security, and network management software solutions; and aggregation and access routers. The company also provides Wi-Fi products; cloud services; and IT management and authentication, and accounting services. It serves energy and electric power, government, entertainment and hospitality, telecommunications, healthcare, transportations, finance, Internet, exhibition, education, and enterprise industries. The company was founded in 2000 and is based in Fuzhou, China. Ruijie Networks Co., Ltd. is a subsidiary of Fujian Star-net Communication Co., LTD.

Ruijie Networks Dividend Announcement

• Ruijie Networks announced a annually dividend of ¥0.56 per ordinary share which will be made payable on 2024-06-04. Ex dividend date: 2024-06-04
• Ruijie Networks annual dividend for 2024 was ¥0.56
• Ruijie Networks annual dividend for 2023 was ¥0.80
• Ruijie Networks's trailing twelve-month (TTM) dividend yield is 1.08%
• Ruijie Networks's payout ratio for the trailing twelve months (TTM) is 63.94%

Ruijie Networks Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-06-04¥0.56annually2024-06-04
2023-05-31¥0.80annually2023-05-31

Ruijie Networks Dividend per year

Ruijie Networks Dividend Yield

Ruijie Networks current trailing twelve-month (TTM) dividend yield is 1.08%. Interested in purchasing Ruijie Networks stock? Use our calculator to estimate your expected dividend yield:

Ruijie Networks Financial Ratios

P/E ratio54.87
PEG ratio0.55
P/B ratio6.66
ROE12.49%
Payout ratio63.94%
Current ratio1.47
Quick ratio0.72
Cash Ratio0.35

Ruijie Networks Dividend FAQ

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