X Financial (NYSE:XYF) Announces $0.17 Semi-Annual Dividend

X Financial (NYSE:XYF) announced a Semi-Annual dividend on Tuesday, March 26th, Zacks reports. Stockholders of record on Friday, May 10th will be given a dividend of 0.17 per share on Friday, May 31st. The ex-dividend date of this dividend is Thursday, May 9th.

X Financial Stock Down 23.0 %

XYF opened at $3.55 on Thursday. X Financial has a 52 week low of $2.67 and a 52 week high of $5.00. The business’s 50 day moving average is $4.12 and its two-hundred day moving average is $4.04. The firm has a market cap of $170.36 million, a price-to-earnings ratio of 1.05 and a beta of 0.23.

X Financial (NYSE:XYF) last posted its quarterly earnings data on Tuesday, March 26th. The company reported $0.64 EPS for the quarter. X Financial had a return on equity of 22.94% and a net margin of 24.64%. The firm had revenue of $167.98 million during the quarter.

Institutional Trading of X Financial

Several hedge funds and other institutional investors have recently made changes to their positions in XYF. Russell Investments Group Ltd. purchased a new stake in X Financial during the second quarter worth about $26,000. Invesco Ltd. purchased a new stake in X Financial during the third quarter worth about $84,000. Susquehanna International Group LLP purchased a new stake in X Financial during the first quarter worth about $99,000. State Street Corp boosted its holdings in X Financial by 6.3% during the first quarter. State Street Corp now owns 87,308 shares of the company’s stock worth $241,000 after buying an additional 5,183 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its holdings in X Financial by 4.7% during the second quarter. Renaissance Technologies LLC now owns 110,691 shares of the company’s stock worth $486,000 after buying an additional 5,016 shares in the last quarter. Hedge funds and other institutional investors own 1.15% of the company’s stock.

About X Financial

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.