Xinyuan Real Estate Co Ltd (NYSE:XIN) announced a quarterly dividend on Friday, November 10th, RTT News reports. Stockholders of record on Thursday, November 30th will be given a dividend of 0.05 per share by the financial services provider on Friday, December 15th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.47%.

Xinyuan Real Estate Co has raised its dividend payment by an average of 15.1% annually over the last three years and has increased its dividend every year for the last 2 years.

Shares of Xinyuan Real Estate Co (XIN) opened at $5.76 on Friday. Xinyuan Real Estate Co has a one year low of $4.26 and a one year high of $6.38. The company has a quick ratio of 2.35, a current ratio of 2.35 and a debt-to-equity ratio of 1.53. The firm has a market cap of $369.10, a P/E ratio of 6.76 and a beta of 1.46.

Xinyuan Real Estate Co (NYSE:XIN) last posted its quarterly earnings results on Friday, August 11th. The financial services provider reported $0.14 earnings per share for the quarter. Xinyuan Real Estate Co had a net margin of 3.30% and a return on equity of 6.07%. The company had revenue of $488.17 million for the quarter.

An institutional investor recently raised its position in Xinyuan Real Estate Co stock. Vanguard Group Inc. grew its stake in Xinyuan Real Estate Co Ltd (NYSE:XIN) by 19.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 175,442 shares of the financial services provider’s stock after purchasing an additional 27,964 shares during the period. Vanguard Group Inc. owned about 0.27% of Xinyuan Real Estate Co worth $909,000 as of its most recent filing with the Securities and Exchange Commission. Hedge funds and other institutional investors own 17.82% of the company’s stock.

Separately, BidaskClub downgraded shares of Xinyuan Real Estate Co from a “hold” rating to a “sell” rating in a research note on Monday, August 14th.

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Xinyuan Real Estate Co Company Profile

Xinyuan Real Estate Co, Ltd. (Xinyuan) is a holding company and conducts business primarily through its operating subsidiaries in China. The Company is a real estate developer and property manager that primarily focuses on residential properties. Xinyuan is engaged in developing large scale residential projects, which consist of multiple residential buildings that include multi-layer apartment buildings, sub-high-rise apartment buildings or high-rise apartment buildings.

Dividend History for Xinyuan Real Estate Co (NYSE:XIN)

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