LexinFintech Holdings Ltd. Stock Dividends
LX pays dividends yearly. Last paid amount was $0.100 at Oct 17, 2023. As of today, dividend yield (TTM) is 8.72%.
Dividend Yield Range
AI Analysis of LX
| Dividend Analysis | Generate |
Key Stats
| Dividend Yield (TTM) | 8.72% |
|---|---|
| Frequency | Yearly |
| 1Y Growth | -30.00% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0700 |
| Next Ex-Dividend Date | Apr 17, 2024 |
| Next Payment Date | May 24, 2024 |
LX Dividend Payout History
To ensure a understanding of LX's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Mar 20, 2024 | Apr 17, 2024 | May 24, 2024 | $0.0700 | 3.72% |
| 2 | Aug 29, 2023 | Sep 14, 2023 | Oct 17, 2023 | $0.100 | 5.00% |
Dividend Sustainability
The company's low Dividend Sustainability Score (DSS) highlights potential challenges in upholding its current dividend levels. Unfortunately, its low Dividend Growth Potential Score (DGPS) suggests limited prospects for dividend growth. In conclusion, a more vigilant stance is recommended given the company's tentative dividend landscape.
Sustainability score
Growth potential
LX Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from LX dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in LX stock here.
Comparing LX to Sector and Country
LX pays a solid dividend yield of 8.72%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.85%). LX’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.02%), which means that there are more attractive dividend stocks to consider.
LX Stock Competitors
| Symbol | Amount Per Share | Dividend Yield (TTM) | Payout Ratio (TTM) | ||
|---|---|---|---|---|---|
| LexinFintech Holdings Ltd. | 303.641M | $0.0700 | 8.72% | - | |
| Dime Community Bancshares | 772.777M | $0.250 | 4.84% | 58.84% | |
| First Busey Corporation | 1.298B | $0.240 | 4.41% | 35.54% | |
| Lakeland Financial Corporation | 1.571B | $0.480 | 3.19% | 51.30% | |
| Enterprise Financial Services Corporation | 1.486B | $0.250 | 2.48% | 23.03% | |
| Meta Financial Group | 1.376B | - | 0.307% | 2.27% |
