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X Financial (NYSE:XYF) Raises Dividend to $0.25 Per Share

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X Financial (NYSE:XYF - Get Free Report) declared a semi-annual dividend on Thursday, March 20th, Wall Street Journal reports. Stockholders of record on Friday, June 20th will be paid a dividend of 0.25 per share on Wednesday, July 2nd. This represents a dividend yield of 2.6%. The ex-dividend date of this dividend is Friday, June 20th. This is a 47.1% increase from X Financial's previous semi-annual dividend of $0.17.

X Financial Price Performance

NYSE:XYF traded down $0.65 during trading hours on Monday, hitting $12.96. The company's stock had a trading volume of 351,073 shares, compared to its average volume of 43,418. X Financial has a twelve month low of $3.48 and a twelve month high of $14.29. The stock has a fifty day simple moving average of $9.50 and a 200-day simple moving average of $7.74. The company has a market capitalization of $633.84 million, a P/E ratio of 3.42 and a beta of 0.45.

X Financial (NYSE:XYF - Get Free Report) last released its quarterly earnings data on Wednesday, March 19th. The company reported $1.13 earnings per share for the quarter. X Financial had a return on equity of 20.66% and a net margin of 25.03%. The company had revenue of $234.09 million for the quarter.

About X Financial

(Get Free Report)

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 or institutional funding partners. Its loan products include Xiaoying credit loan, which consists of Xiaoying card loan; and Xiaoying preferred loan to small business owners.

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Dividend History for X Financial (NYSE:XYF)

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