X Financial Sponsored ADR (XYF) to Distribute Dividend of $0.28 on September 28th

X Financial Sponsored ADR (NYSE:XYF) declared a dividend on Monday, August 24th. Shareholders 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 Stock Performance

NYSE XYF opened at $5.51 on Tuesday. The stock has a market cap of $215.39 million, a PE ratio of 2.81 and a beta of 0.53. The firm has a 50-day moving average of $5.12 and a 200-day moving average of $4.87. X Financial has a 52-week low of $3.30 and a 52-week high of $15.65.

X Financial (NYSE:XYF) last released its quarterly earnings results on Monday, August 24th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.36. The business had revenue of $146.24 million during the quarter, compared to the consensus estimate of $145.96 million. X Financial had a return on equity of 9.14% and a net margin of 9.94%.

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.