I’ve been digging into companies that don’t currently pay dividends but could eventually evolve into solid dividend players. One name that stood out to me is $RERE (ATRenew), a Chinese firm operating in the pre-owned consumer electronics space. Their model is built around the circular economy, which seems like a structural growth trend with staying power. At the moment, they’re plowing earnings back into expansion, but their cash flow and recent financials hint at the possibility of shareholder returns further down the road. I’m interested to hear what others think about this type of approach. Do you factor in potential future dividend initiators when investing, or do you stick to the tried-and-true dividend payers? And if you do look at these, what indicators help you judge whether a company might realistically start paying a dividend in the future?