X Financial (XYF) to Issue Semi-annual Dividend of $0.25 on July 2nd

X Financial (NYSE:XYF) announced a semi-annual dividend on Thursday, March 20th, Wall Street Journal reports. Shareholders of record on Friday, June 20th will be given a dividend of 0.25 per share on Wednesday, July 2nd. This represents a 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 Up 6.2 %

XYF stock opened at $13.39 on Friday. X Financial has a 12-month low of $3.48 and a 12-month high of $14.29. The firm’s 50-day moving average price is $9.50 and its two-hundred day moving average price is $7.70. The stock has a market capitalization of $655.31 million, a price-to-earnings ratio of 3.53 and a beta of 0.45.

X Financial (NYSE:XYF) last announced its earnings results on Wednesday, March 19th. The company reported $1.13 earnings per share for the quarter. X Financial had a net margin of 25.03% and a return on equity of 20.66%. The business had revenue of $234.09 million during 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.