X Financial Sponsored ADR (XYF) To Go Ex-Dividend on September 10th

X Financial Sponsored ADR (NYSE:XYFGet Free Report) declared a dividend on Monday, August 24th. Investors of record on Thursday, September 10th will be paid a dividend of 0.28 per share on Monday, September 28th. This represents a yield of 1,027.0%. The ex-dividend date is Thursday, September 10th.

X Financial Price Performance

NYSE:XYF opened at $5.42 on Wednesday. X Financial has a one year low of $3.30 and a one year high of $15.96. The company has a market cap of $211.83 million, a PE ratio of 2.76 and a beta of 0.46. The firm’s 50 day simple moving average is $5.00 and its 200 day simple moving average is $4.86.

X Financial (NYSE:XYFGet Free Report) last announced its quarterly earnings results on Monday, August 24th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.29 by $0.36. X Financial had a net margin of 9.94% and a return on equity of 9.19%. The firm had revenue of $146.24 million during the quarter, compared to analysts’ expectations of $190.63 million.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings lowered shares of X Financial from a “hold (c+)” rating to a “hold (c)” rating in a report on Friday, August 14th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Check Out Our Latest Stock Analysis on XYF

X Financial Company Profile

(Get Free Report)

X Financial (NYSE:XYF) is a Beijing-based online credit marketplace focused on providing diversified financing solutions to individuals and small- and medium-sized enterprises (SMEs) in China. The company was established in 2014 and completed its initial public offering on the New York Stock Exchange in 2016. Since inception, X Financial has built a technology-driven platform that connects borrowers with a network of institutional investors, banks and other funding sources, aiming to streamline access to credit and improve lending efficiency.

The company’s core offerings include consumer loans, SME loans, real estate-secured financing and wealth management products.

Further Reading

Dividend History for X Financial (NYSE:XYF)

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