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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 0.59%

X Financial Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-04$0.17semi annually2024-09-27
2024-05-09$0.17semi annually2024-05-31
2023-09-18$0.17semi annually2024-05-31
2019-04-04$0.10semi annually2019-04-26

X Financial Dividend per year

X Financial Dividend Yield

X Financial current trailing twelve-month (TTM) dividend yield is 0.59%. Interested in purchasing X Financial stock? Use our calculator to estimate your expected dividend yield:

X Financial Financial Ratios

P/E ratio2.15
PEG ratio0.00
P/B ratio0.43
ROE21.51%
Payout ratio0.00%
Current ratio9.93
Quick ratio9.93
Cash Ratio6.75

X Financial Dividend FAQ

Does X Financial stock pay dividends?
X Financial does not currently pay dividends to its shareholders.
Has X Financial ever paid a dividend?
No, X Financial has no a history of paying dividends to its shareholders. X Financial is not known for its dividend payments.
Why doesn't X Financial pay dividends?
There are several potential reasons why X Financial 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 X Financial 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 X Financial 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 X Financial a dividend aristocrat?
X Financial 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 X Financial a dividend king?
X Financial 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 X Financial a dividend stock?
No, X Financial 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 X Financial stocks?
To buy X Financial 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 X Financial 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.