X Financial (NYSE:XYF – Get Free Report) declared a semi-annual dividend on Thursday, March 20th, Wall Street Journal reports. Stockholders of record on Friday, June 20th will be paid a dividend of 0.25 per share on Wednesday, July 2nd. This represents a dividend yield of 2.6%. The ex-dividend date is Friday, June 20th. This is a 47.1% increase from X Financial’s previous semi-annual dividend of $0.17.
X Financial Trading Down 4.6 %
Shares of XYF opened at $12.55 on Friday. X Financial has a 52 week low of $3.48 and a 52 week high of $14.29. The firm has a market cap of $614.02 million, a price-to-earnings ratio of 3.31 and a beta of 0.45. The stock has a 50 day moving average of $9.38 and a 200-day moving average of $7.64.
X Financial (NYSE:XYF – Get Free Report) last posted its earnings results on Wednesday, March 19th. The company reported $1.13 earnings per share (EPS) for the quarter. The firm had revenue of $234.09 million during the quarter. X Financial had a net margin of 25.03% and a return on equity of 20.66%.
About X Financial
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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