FinVolution Group (FINV) Scheduled to Post Quarterly Earnings on Wednesday

FinVolution Group (NYSE:FINV) is scheduled to announce its earnings results after the market closes on Wednesday, May 15th.

FinVolution Group (NYSE:FINV) last announced its quarterly earnings data on Monday, March 18th. The company reported $0.29 EPS for the quarter. The business had revenue of $454.03 million during the quarter. FinVolution Group had a net margin of 18.70% and a return on equity of 18.53%.

FinVolution Group Stock Performance

Shares of FINV opened at $5.10 on Thursday. The firm has a market capitalization of $1.44 billion, a P/E ratio of 4.36 and a beta of 0.45. The company has a 50-day simple moving average of $5.02 and a 200-day simple moving average of $4.86. FinVolution Group has a 52 week low of $3.78 and a 52 week high of $6.05.

FinVolution Group Increases Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, May 7th. Investors of record on Tuesday, April 16th were paid a $0.237 dividend. The ex-dividend date was Monday, April 15th. This represents a yield of 4.88%. This is a boost from FinVolution Group’s previous annual dividend of $0.22. FinVolution Group’s payout ratio is presently 18.80%.

About FinVolution Group

FinVolution Group operates in the online consumer finance industry. The company operates a fintech platform that is empowered by borrowers with financial institutions. It operates in China and internationally. The company was formerly known as PPDAI Group Inc and changed its name to FinVolution Group in November 2019.