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Yixin Group Limited, an investment holding company, operates as an online automobile finance transaction platform in the People's Republic of China. The company operates in two segments, Transaction Platform Business and Self-Operated Financing Business. The Transaction Platform Business segment offers auto loans to consumers by its auto finance partners; and advertising and subscription services for automakers, auto dealers, auto finance partners, and insurance companies. The company's Self-Operated Financing Business segment provides consumers with auto finance solutions through financing leases. It also engages in the information technology and technology development businesses; and provision of commercial factoring services. The company was formerly known as Yixin Capital Limited. Yixin Group Limited was founded in 2013 and is headquartered in Shanghai, the People's Republic of China.

Yixin Dividend Announcement

• Yixin announced a annually dividend of HK$0.03 per ordinary share which will be made payable on 2024-06-03. Ex dividend date: 2024-05-13
• Yixin annual dividend for 2024 was HK$0.03
• Yixin annual dividend for 2023 was HK$0.01
• Yixin's trailing twelve-month (TTM) dividend yield is 3.18%
• Yixin's payout ratio for the trailing twelve months (TTM) is 32.02%

Yixin Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-05-13HK$0.03annually2024-06-03
2023-05-15HK$0.01annually2023-06-02

Yixin Dividend per year

Yixin Dividend Yield

Yixin current trailing twelve-month (TTM) dividend yield is 3.18%. Interested in purchasing Yixin stock? Use our calculator to estimate your expected dividend yield:

Yixin Financial Ratios

P/E ratio10.51
PEG ratio-0.12
P/B ratio0.36
ROE3.49%
Payout ratio32.02%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Yixin Dividend FAQ

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