Jiayin Group (JFIN) has released an update.
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Jiayin Group Inc., a prominent Chinese fintech platform, has declared a cash dividend of US$0.125 per ordinary share, or US$0.50 per American depositary share (ADS), with an expected total distribution of approximately US$26.6 million. Shareholders registered by August 27, 2024, will receive dividend payments around September 3, while ADS holders will be paid through JPMorgan Chase Bank, N.A. around September 6, 2024. The company is recognized for connecting borrowers with financial institutions using a secure platform with advanced risk assessment capabilities.
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