X Financial Sponsored ADR Declares Dividend of $0.28 (NYSE:XYF)

X Financial Sponsored ADR (NYSE:XYF) announced a dividend on Monday, August 24th. Stockholders of record on Thursday, September 10th will be given a dividend of 0.28 per share on Monday, September 28th. This represents a dividend yield of 1,027.0%. The ex-dividend date is Thursday, September 10th.

X Financial Trading Down 0.8%

NYSE XYF traded down $0.04 on Tuesday, reaching $5.46. 35,315 shares of the stock were exchanged, compared to its average volume of 133,076. The company’s 50-day simple moving average is $4.99 and its two-hundred day simple moving average is $4.85. X Financial has a one year low of $3.30 and a one year high of $15.96. The firm has a market capitalization of $213.24 million, a PE ratio of 1.58 and a beta of 0.46.

X Financial (NYSE:XYF) last announced its quarterly earnings data on Monday, August 24th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.36. The business had revenue of $146.24 million during the quarter, compared to analyst estimates of $190.63 million. X Financial had a net margin of 15.06% and a return on equity of 14.38%.

X Financial Company Profile

X Financial (NYSE:XYF) is a Beijing-based online credit marketplace focused on providing diversified financing solutions to individuals and small- and medium-sized enterprises (SMEs) in China. The company was established in 2014 and completed its initial public offering on the New York Stock Exchange in 2016. Since inception, X Financial has built a technology-driven platform that connects borrowers with a network of institutional investors, banks and other funding sources, aiming to streamline access to credit and improve lending efficiency.

The company’s core offerings include consumer loans, SME loans, real estate-secured financing and wealth management products.