X Financial Sponsored ADR (NYSE:XYF) Plans Semi-annual Dividend of $0.28

Key Points

• X Financial Sponsored ADR announced a semi-annual dividend of $0.28, which is a 12.0% increase from its previous dividend of $0.25, reflecting a substantial yield of 330.0%.
• The company's stock is currently trading at $12.24, down 4.8%, with a market cap of $511.39 million and a PE ratio of 2.55.
• X Financial reported quarterly earnings of $1.85 per share, with a revenue of $317.32 million and a return on equity of 23.30%.

X Financial Sponsored ADR (NYSE:XYF - Get Free Report) announced a semi-annual dividend on Tuesday, August 19th, Wall Street Journal reports. Shareholders of record on Friday, September 26th will be given a dividend of 0.28 per share on Wednesday, October 15th. This represents a yield of 330.0%. The ex-dividend date of this dividend is Friday, September 26th. This is a 12.0% increase from X Financial's previous semi-annual dividend of $0.25.

X Financial Stock Down 4.8%

NYSE:XYF traded down $0.62 on Tuesday, reaching $12.24. 1,717,459 shares of the company's stock traded hands, compared to its average volume of 277,850. The firm has a market cap of $511.39 million, a PE ratio of 2.55 and a beta of 0.25. The stock has a 50-day simple moving average of $16.65 and a 200-day simple moving average of $14.24. X Financial has a 12 month low of $4.36 and a 12 month high of $20.35.

X Financial (NYSE:XYF - Get Free Report) last issued its quarterly earnings data on Monday, August 18th. The company reported $1.85 earnings per share for the quarter. X Financial had a return on equity of 23.30% and a net margin of 24.76%.The company had revenue of $317.32 million for the quarter.

X Financial Company Profile

X Financial provides personal finance services in the People's Republic of China. The company offers services as an online marketplace connecting borrowers and investors or institutional funding partners. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners.

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