Ding Sheng Xin Finance Company Limited
(ASX:DXF) has announced it will pay a maiden dividend to shareholders of $0.01 per share.
The dividend comes on the back of strong revenue growth that helped the company achieve a net profit before tax of $9.9 million for the half year to June 2016.
The company has also announced it has adopted a dividend reinvestment plan, allowing shareholders to reinvest their dividends into shares.
DSX Finance’s four largest shareholders have waived their right to a dividend and instead have nominated the company retain the capital for its growth initiatives.
Ding Sheng Xin Finance Company Limited reported a net profit of $8.4 million at 30 June 2016.
