Yiren Digital (NYSE:YRD) Announces Earnings Results

Yiren Digital (NYSE:YRD) posted its earnings results on Thursday. The technology company reported $0.52 earnings per share for the quarter, Zacks reports. The company had revenue of $198.95 million for the quarter. Yiren Digital had a net margin of 32.37% and a return on equity of 20.85%. Yiren Digital updated its FY 2025 guidance to EPS.

Yiren Digital Stock Performance

YRD opened at $6.89 on Friday. The firm’s fifty day moving average is $6.34 and its two-hundred day moving average is $5.67. The firm has a market cap of $604.45 million, a PE ratio of 2.38 and a beta of 0.65. Yiren Digital has a twelve month low of $4.12 and a twelve month high of $9.20.

Yiren Digital Increases Dividend

The company also recently announced a semi-annual dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be issued a $0.22 dividend. The ex-dividend date is Wednesday, April 30th. This is a positive change from Yiren Digital’s previous semi-annual dividend of $0.20. This represents a yield of 2.6%. Yiren Digital’s dividend payout ratio (DPR) is 11.72%.

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.