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. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners, as well as Xiaoying revolving loan. The company also offers Xiaoying housing loan, a home equity loan product for property owners; investment products through Xiaoying wealth management platform, such as loans, money market, and insurance products; and loan facilitation services to other platforms. X Financial was founded in 2014 and is headquartered in Shenzhen, the People's Republic of China.
X Financial Dividend Announcement
• X Financial announced a semi annually dividend of $0.17 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-09-04
• X Financial annual dividend for 2024 was $0.34
• X Financial annual dividend for 2023 was $0.17
• X Financial's trailing twelve-month (TTM) dividend yield is 0.56%
X Financial Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-04 | $0.17 | semi annually | 2024-09-27 |
2024-05-09 | $0.17 | semi annually | 2024-05-31 |
2023-09-18 | $0.17 | semi annually | 2023-10-18 |
2019-04-04 | $0.10 | semi annually | 2019-04-26 |
X Financial Dividend per year
X Financial Dividend Yield
X Financial current trailing twelve-month (TTM) dividend yield is 0.56%. Interested in purchasing X Financial stock? Use our calculator to estimate your expected dividend yield:
X Financial Financial Ratios
X Financial Dividend FAQ
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.
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