Xinyuan Real Estate (XIN) Raises Quarterly Dividend 100% to $0.10; 7.5% Yield
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Xinyuan Real Estate Co., Ltd. Announces Second Quarterly Dividend for 2016
August 12, 2016 5:55 AM EDTBEIJING, Aug. 12, 2016 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN), an NYSE-listed real estate developer and property manager primarily in China and recently in other countries, today announced that its Board of Directors has declared a cash dividend for the second quarter of 2016 of US$0.05 per common share, or US$0.10 per American Depositary Share (ADS), which will be payable on September 8, 2016 Â to shareholders of record as of August 25, 2016. This second quarter dividend payment represents a 100% increase from its first quarter 2016 dividend payment.
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