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Yiren Digital Ltd., through its subsidiaries, operates as an online consumer finance marketplace that connects borrowers and investors in the People's Republic of China. It provides loan facilitation services; and post-origination services, such as cash processing, collection, and SMS services. The company's loan products portfolio includes unsecured consumer loans; secured consumer loan, which include secured financial leasing, auto-secured, and property-secured loans; and small business loans. It also distributes short-term cash management, mutual fund investment, insurance, and securities and stock products. In addition, the company provides online investor education services, which include a range of investment and trading topics, and various types of training programs on wealth planning, market insights, and investment strategies; consultancy information technology support; referral; and IT, system maintenance, and customer support services. Further, it is involved in the provision of services for financing lease and insurance brokerage businesses. The company offers its products through www.yxpuhui.com, and a wealth management website and mobile application. As of December 31, 2020, it had 60 fixed income products, 810 mutual fund products, and 296 insurance products. The company was formerly known as Yirendai Ltd. and changed its name to Yiren Digital Ltd. in September 2019. Yiren Digital Ltd. was founded in 2012 and is based in Beijing, the People's Republic of China. Yiren Digital Ltd. is a subsidiary of Creditease Holdings (Cayman) Limited.

Yiren Digital Dividend Announcement

• Yiren Digital announced a annually dividend of $0.17 per ordinary share which will be made payable on 2024-10-15. Ex dividend date: 2024-09-30
• Yiren Digital annual dividend for 2024 was $0.17
• Yiren Digital's trailing twelve-month (TTM) dividend yield is 0.5%

Yiren Digital Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-30$0.17annually2024-10-15
2018-04-27$0.28annually2018-05-15
2017-09-28$1.50annually2017-10-16

Yiren Digital Dividend per year

Yiren Digital Dividend Yield

Yiren Digital current trailing twelve-month (TTM) dividend yield is 0.5%. Interested in purchasing Yiren Digital stock? Use our calculator to estimate your expected dividend yield:

Yiren Digital Financial Ratios

P/E ratio1.62
PEG ratio0.01
P/B ratio0.32
ROE20.86%
Payout ratio0.00%
Current ratio4.17
Quick ratio4.17
Cash Ratio1.70

Yiren Digital Dividend FAQ

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