Yiren Digital Ltd. (NYSE:YRD) Announces Semi-Annual Dividend of $0.20

Yiren Digital Ltd. (NYSE:YRD) declared a Semi-Annual dividend on Tuesday, August 20th, Zacks reports. Investors of record on Monday, September 30th will be paid 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 %

YRD stock opened at $5.19 on Friday. The stock’s 50 day moving average is $4.62 and its two-hundred day moving average is $4.80. Yiren Digital has a 52-week low of $2.16 and a 52-week high of $5.80. The company has a market capitalization of $451.19 million, a PE ratio of 1.56 and a beta of 0.69.

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

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Yiren Digital from a “buy” rating to a “strong-buy” rating in a research note 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.