X Financial Announces Dividend of US $0.10 per ADS for Fiscal Year of 2018
X Financial American Depositary Shares, each representing six Class A Ordinary Shares (XYF)
Last x financial american depositary shares, each representing six class a ordinary shares earnings: 3/18 05:20 pm
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Source: PR Newswire
SHENZHEN, China, March 18, 2019 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading technology-driven personal finance company in China, today announced the Company's Board of Directors (the "Board") has approved an annual cash dividend policy for fiscal year 2018.The amount of cash dividends to be distributed for the fiscal year ended December 31, 2018 is US$0.10 per American Depositary Share ("ADS") (or US$0.05 per ordinary share), equivalent to approximately US$15.0 million in total. The dividends are expected to be paid on April 26, 2019 to the holders of the Company's ordinary shares of record as of the close of business on April 5, 2019.The determination to declare and pay the annual dividend and the amount of dividend in any year will be made at the discretion of the Board and will be based upon the Company's operations and earnings, cash flow, financial condition and other relevant factors that the Board may deem appropriate.As of December 31, 2018, t
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