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Qifu Technology (Qifu Technology) Dividend Payout Ratio : 0.25 (As of Sep. 2023)


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What is Qifu Technology Dividend Payout Ratio?

Qifu Technology's dividend payout ratio for the months ended in Sep. 2023 was 0.25.

The historical rank and industry rank for Qifu Technology's Dividend Payout Ratio or its related term are showing as below:

QFIN' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.05   Med: 0.14   Max: 0.22
Current: 0.13


During the past 7 years, the highest Dividend Payout Ratio of Qifu Technology was 0.22. The lowest was 0.05. And the median was 0.14.

QFIN's Dividend Payout Ratio is ranked better than
80.98% of 184 companies
in the Credit Services industry
Industry Median: 0.33 vs QFIN: 0.13

As of today (2024-04-26), the Dividend Yield % of Qifu Technology is 5.65%.

During the past 7 years, the highest Trailing Annual Dividend Yield of Qifu Technology was 9.29%. The lowest was 1.22%. And the median was 4.11%.

Qifu Technology's Dividends per Share for the months ended in Sep. 2023 was $0.50.

During the past 12 months, Qifu Technology's average Dividends Per Share Growth Rate was -14.00% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Qifu Technology Dividend Payout Ratio Historical Data

The historical data trend for Qifu Technology's Dividend Payout Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Qifu Technology Dividend Payout Ratio Chart

Qifu Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Dividend Payout Ratio
Get a 7-Day Free Trial - - - 0.05 0.22

Qifu Technology Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.21 - 0.08 0.25

Competitive Comparison of Qifu Technology's Dividend Payout Ratio

For the Credit Services subindustry, Qifu Technology's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Qifu Technology's Dividend Payout Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Qifu Technology's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Qifu Technology's Dividend Payout Ratio falls into.



Qifu Technology Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Qifu Technology's Dividend Payout Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2022 )/ EPS without NRI (A: Dec. 2022 )
=0.791/ 3.586
=0.22

Qifu Technology's Dividend Payout Ratio for the quarter that ended in Sep. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Sep. 2023 )/ EPS without NRI (Q: Sep. 2023 )
=0.5/ 1.973
=0.25

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Qifu Technology (NAS:QFIN) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.


Qifu Technology Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Qifu Technology's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Qifu Technology (Qifu Technology) Business Description

Traded in Other Exchanges
Address
No. 1217 Dongfang Road, 7th Floor Lujiazui Finance Plaza, Pudong New Area, Shanghai, CHN, 200122
Qifu Technology Inc is a Credit-Tech platform in China. It provides credit services more accessible and personalized to consumers and SMEs through Credit-Tech services to financial institutions, whereby it deploys its technology solutions to help financial institutions identify the diversified needs of consumers and SMEs, effectively access prospective borrowers that are creditworthy through multi-channels, enhance credit assessment on prospective borrowers, and manage credit risks and improve collection strategies and efficiency, among others.