PPDAI Group Inc. Announces Dividend of US$ 0.19 per American Depositary Share for Fiscal Year 2018
PPDAI GROUP INC (PPDF)
Last ppdai group inc earnings: 5/15 05:30 am
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ir.ppdai.com
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Source: PR Newswire
SHANGHAI, March 14, 2019 /PRNewswire/ -- PPDAI Group Inc. ("PPDAI," "Paipaidai," or the "Company") (NYSE: PPDF), a leading online consumer finance marketplace in China, today announced that the Company's board of directors (the "Board") approved an annual dividend for the fiscal year 2018. The Board has declared a dividend of US$0.19 per American Depositary Share for the fiscal year 2018, which is expected to be paid around April 26, 2019 to shareholders of record as of the close of business on April 5, 2019. The determination to make dividend distributions and the amount of such distributions will be made at the discretion of the Board and will be based upon the Company's operations and earnings, cash flows, financial condition and other relevant factors.Mr. Jun Zhang, Chairman and Co-Chief Executive Officer of PPDAI, commented, "We are pleased to announce our first dividend distribution as a listed company. The Board authorization of a dividend reflects our confidence in our busines
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