
Image Source: PixabayTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Jiayin Group Inc (JFIN) is China’s technology service group. It is an enterprise engaged in technological innovation services. It is committed to using big data, cloud computing, artificial intelligence, and other technologies to connect consumers and financial institutions in consumption scenarios so that every user can enjoy efficient and convenient technology services.The company has engraved technological innovation into the company’s development genes since its establishment, adheres to the dual drive of digital + technology, and focuses on building a cloud service platform and intelligent risk control system with big data drive as the core concept.The company was founded in 2011 and is headquartered in Shanghai, the People’s Republic of China.Jiayin Group Inc. operates as a subsidiary of New Dream Capital Holdings Limited.Three key data points gauge Jiayin Group or any dividend-paying firm.The key three are:(1) Price(2) Dividends(3) ReturnsThose three keys also best tell whether any company has made, is making, and will make money.JFIN PriceShare price rose about 54.5% in the past year from $5.28 to $8.15 as of Tuesday’s market close.In the past 3 years, the company’s share price has ranged from $1.62 to $14.64. (Its all-time high of $30.00 was reached May 16, 2019.The company may repeat its average two years of annual performance and its price could grow by $2.33 next year to $10.48.JFIN DividendJiayin Group has paid variable semi-annual dividends since August 16, 2023. The company’s most recent SA dividend of $0.50 was declared on August 16th for shareholders of record prior to November 21st and the payout was made on December 23rd. A forward-looking annual dividend of $1.00 yields 12.27% per Tuesday’s closing price.JFIN ReturnsPutting it all together, a $3.33 estimated gross gain per share shows up by adding JHIN’s annual $1.00 dividend to the estimated $2.33 annual price gain, totaling that $3.33 gross amount.A little over $1000 buys 123 shares at Friday’s $8.15 share price.A $10 broker fee (if charged), collected half at purchase and half at sale, might take about $0.08 per share out of the $3.33 gross gain to give us a net gain of $3.25 X 123 shares = $399.75 for about a 38% estimated net gain on the year.Furthermore, the $122.70 annual dividend income from $1k invested in Jiayin Group is over 15 times greater than the single-share price. By these numbers, Jiayin Group may be an ideal dividend dog.Therefore, you may choose to pounce on Jiayin Group Inc as a 14-year-old semi-annual dividend-paying Chinese data connections company with a 2-year dividend record.The exact track of Jiayin Group’s future price and dividend will entirely be determined by market action and company finances.Remember the best way to track stock performance and dividend payments is through direct ownership of company shares.More By This Author:Current Report: Globe Telecom
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