Yiren Digital Ltd. (NYSE:YRD) to Issue $0.20 Semi-Annual Dividend

Yiren Digital Ltd. (NYSE:YRD) announced a Semi-Annual dividend on Tuesday, August 20th, Zacks reports. Investors of record on Monday, September 30th will be given a dividend of 0.20 per share by the technology company on Tuesday, October 15th. This represents a yield of 3.5%. The ex-dividend date is Monday, September 30th.

Yiren Digital Stock Up 8.1 %

Shares of YRD stock opened at $5.19 on Friday. The company has a market cap of $451.19 million, a P/E ratio of 1.56 and a beta of 0.69. The business has a 50 day moving average of $4.62 and a two-hundred day moving average of $4.80. Yiren Digital has a 52 week low of $2.16 and a 52 week high of $5.80.

Yiren Digital (NYSE:YRD) last announced its quarterly earnings results on Tuesday, August 20th. The technology company reported $0.65 earnings per share (EPS) for the quarter. The business had revenue of $205.93 million for the quarter. Yiren Digital had a return on equity of 24.38% and a net margin of 37.05%.

Analysts Set New Price Targets

Separately, StockNews.com raised shares of Yiren Digital from a “buy” rating to a “strong-buy” rating in a report on Sunday.

About Yiren Digital

Yiren Digital Ltd. provides financial services through an AI-powered platform in China. Its platform provides a suite of financial and lifestyle services. The company offers financial services, which provides a portfolio of loan products to borrowers; insurance brokerage services; and consumption and lifestyle services, including non-financial products and services to meet various consumer needs.