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LexinFintech Holdings Ltd., through its subsidiaries, offers online consumer finance services in the People's Republic of China. The company operates Fenqile.com, an online consumption and consumer finance platform that offers installment purchase and personal installment loans, as well as provides online direct sales with installment payment terms; and Le Hua Card, a scenario-based lending. It also provides technology-driven platform services to increase revenues, manage financial risks, enhance operating efficiency and service quality, enhance collections, and reduce overall costs; Maiya application, a location-based services shopping experience with buy-now and pay-later options; and Juzi Licai, an online investment platform. In addition, the company offers technical support and consulting, software development, financing guarantee, and financial technology services. The company was formerly known as Staging Finance Holding Ltd. and changed its name to LexinFintech Holdings Ltd. in March 2017. LexinFintech Holdings Ltd. was incorporated in 2013 and is headquartered in Shenzhen, the People's Republic of China.

LexinFintech Dividend Announcement

• LexinFintech announced a semi annually dividend of $0.07 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-16
• LexinFintech annual dividend for 2024 was $0.14
• LexinFintech annual dividend for 2023 was $0.12
• LexinFintech's trailing twelve-month (TTM) dividend yield is 0.32%

LexinFintech Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-16$0.07semi annually2024-10-18
2024-04-17$0.07semi annually2024-05-24
2023-09-14$0.12semi annually2023-10-17

LexinFintech Dividend per year

LexinFintech Dividend Yield

LexinFintech current trailing twelve-month (TTM) dividend yield is 0.32%. Interested in purchasing LexinFintech stock? Use our calculator to estimate your expected dividend yield:

LexinFintech Financial Ratios

P/E ratio9.49
PEG ratio0.01
P/B ratio0.68
ROE7.47%
Payout ratio0.00%
Current ratio1.66
Quick ratio1.66
Cash Ratio0.20

LexinFintech Dividend FAQ

Does LexinFintech stock pay dividends?
LexinFintech does not currently pay dividends to its shareholders.
Has LexinFintech ever paid a dividend?
No, LexinFintech has no a history of paying dividends to its shareholders. LexinFintech is not known for its dividend payments.
Why doesn't LexinFintech pay dividends?
There are several potential reasons why LexinFintech would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will LexinFintech ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While LexinFintech has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is LexinFintech a dividend aristocrat?
LexinFintech is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is LexinFintech a dividend king?
LexinFintech is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is LexinFintech a dividend stock?
No, LexinFintech is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy LexinFintech stocks?
To buy LexinFintech you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy LexinFintech stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.