Xinyuan Real Estate Co., Ltd. Announces Second Quarterly Dividend for 2020

Rhea-AI Summary

Xinyuan Real Estate Co., Ltd. (NYSE: XIN) announced a cash dividend of US$0.0125 per common share and US$0.025 per American Depositary Share for Q2 2020. This dividend is payable on or before September 28, 2020, to shareholders on record as of September 15, 2020. The company operates primarily in China, developing large-scale real estate projects in over ten cities, including Beijing, Shanghai, and Xi'an. Xinyuan focuses on providing quality real estate services to middle-class consumers, including recent activities in the U.S. market.

Positive

• Declared a dividend of US$0.0125 per common share, indicating confidence in cash flow.
• Payout before September 28, 2020, strengthens shareholder relations.

Negative

• None.

BEIJING, Sept. 2, 2020 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN), an NYSE-listed real estate developer and property manager operating primarily in China and also in other countries, today announced that its Board of Directors has declared a cash dividend for the second quarter of 2020 of US$0.0125 per common share, or US$0.025 per American Depositary Share, which will be payable before September 28, 2020, to shareholders of record as of September 15, 2020.

About Xinyuan Real Estate

Xinyuan Real Estate Co., Ltd. ("Xinyuan") is an NYSE-listed real estate developer and property manager primarily in China and recently in other countries. In China, Xinyuan develops and manages large scale, high quality real estate projects in over ten tier one and tier two cities, including Beijing, Shanghai, Zhengzhou, Jinan, Xi'an, and Suzhou. Xinyuan was one of the first Chinese real estate developers to enter the U.S. market and over the past few years has been active in real estate development in New York. Xinyuan aims to provide comfortable and convenient real estate related products and services to middle-class consumers. For more information, please visit http://www.xyre.com.

For more information, please contact:

In China:

Xinyuan Real Estate Co., Ltd.
Mr. Charles Wang
Investor Relations Director
Tel: +86 (10) 8588-9376
Email: irteam@xyre.com

The Blueshirt Group
Ms. Susie Wang
Mobile: +86 (138) 1081-7475
Email: susie@blueshirtgroup.com

In the United States:

The Blueshirt Group
Ms. Julia Qian
Email: Julia@blueshirtgroup.com

 

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SOURCE Xinyuan Real Estate Co., Ltd.

FAQ

What is the dividend amount declared by Xinyuan Real Estate for Q2 2020?

The dividend amount declared by Xinyuan Real Estate for Q2 2020 is US$0.0125 per common share.

When will Xinyuan Real Estate pay the dividend?

The dividend will be payable on or before September 28, 2020.

What is the record date for Xinyuan's dividend payment?

The record date for Xinyuan's dividend payment is September 15, 2020.

How does Xinyuan Real Estate's dividend affect its shareholders?

The dividend payment reflects the company's confidence in its financial health and strengthens its relationship with shareholders.