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Jiayin Group Inc. Announces Cash Dividends
JFINJiayin Group(JFIN) GlobeNewswire News Room·2024-08-16 10:00

Core Viewpoint - Jiayin Group Inc. has announced a cash dividend of US$0.125 per ordinary share, totaling approximately US$26.6 million to be distributed to shareholders [1][2]. Group 1: Dividend Announcement - The board of directors approved a cash dividend of US$0.125 per ordinary share or US$0.50 per American depositary share (ADS) [1] - Shareholders recorded at the close of trading on August 27, 2024, will be entitled to the dividends, with payments expected around September 3, 2024, for ordinary shares and September 6, 2024, for ADS holders [1] Group 2: Company Overview - Jiayin Group Inc. is a leading fintech platform in China, established in 2011, focusing on connecting underserved individual borrowers with financial institutions [3] - The company operates a secure platform with a comprehensive risk management system and a proprietary risk assessment model utilizing advanced big data analytics [3]