Fintech company Qifu Technology increases semi-annual dividend by 14% to $0.57 per share.
Fintech company Qifu Technology (NASDAQ: QFIN) announced a 14% increase in its semi-annual dividend from $0.50 to $0.57 per share, paying shareholders on May 24. The company has a market cap of $2.97bn and P/E ratio of 5.10. Citigroup raised its price target on QFIN to $23.80 and gave it a 'buy' rating. Qifu operates a credit-tech platform in China, with institutional investors owning 74.81% of the stock.
March 25, 2024
3 Articles