FinVolution Group hikes annual dividend by 10.2% to $0.237

By Meghavi Singh

FinVolution Group hikes annual dividend by 10.2% to $0.237

FinVolution Group (NYSE:FINV) declares $0.237/ADS annual dividend, 10.2% increase from prior dividend of $0.215. Forward yield 4.75% Payable May 7; for shareholders of record April 16; ex-div April 15. "In line with our consistent commitment to enhancing shareholder value, we are delighted to distribute dividends for the sixth consecutive year. Our share repurchase program, coupled with this year's dividend payment, brings our capital return to approximately US$160.0 million, representing 48.5% of the Company's net income for fiscal year 2023," said Shaofeng Gu, chairman of the board and Chief Innovation Officer. See FINV Dividend Scorecard, Yield Chart, & Dividend Growth.

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