X Financial (NYSE:XYF) Posts Earnings Results

X Financial (NYSE:XYF) announced its quarterly earnings data on Monday. The company reported $1.40 EPS for the quarter, Zacks reports. X Financial had a net margin of 25.03% and a return on equity of 20.66%.

X Financial Stock Performance

X Financial stock traded down $0.05 during trading hours on Monday, hitting $14.95. 394,366 shares of the stock were exchanged, compared to its average volume of 83,675. The stock has a market capitalization of $731.44 million, a P/E ratio of 3.94 and a beta of 0.05. X Financial has a 12 month low of $3.68 and a 12 month high of $17.70. The business’s 50-day moving average is $13.20 and its two-hundred day moving average is $9.86.

X Financial Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Wednesday, July 2nd. Shareholders of record on Friday, June 20th will be paid a dividend of $0.25 per share. This represents a yield of 2.6%. This is a boost from X Financial’s previous semi-annual dividend of $0.17. The ex-dividend date is Friday, June 20th. X Financial’s dividend payout ratio is currently 3.68%.

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.