Yiren Digital Shares Sink After Dividend Suspended
Dow Jones03-19 20:35
By Robb M. Stewart
Yiren Digital's shares slumped before the market opened after the financial technology company temporarily halted dividend payouts in an effort to maintain reserves to support potential credit fluctuations in its lending business and in order to fund investments in technology development.
In premarket trading, the shares were down 20% at $2.91 in New York. While the stock had risen about 3.7% over the past week, it has fallen 14% in the last three months and is down 57% on a year ago.
The Chinese specialist in digital consumer lending, insurance and fintech said its cash dividend is suspended for the second half of 2025.
Write to Robb M. Stewart at robb.stewart@wsj.com
(END) Dow Jones Newswires
March 19, 2026 08:35 ET (12:35 GMT)
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