Xinyuan Real Estate (NYSE:XIN) is continuing to build on its foundation of shareholder payouts. The company has declared dividends for both its common stock and its American Depositary Shares. The former amounts to $0.025 and the latter $0.05 per share; each will be paid on August 30 to shareholders of record as of August 16.
The ADS payout matches both of the developer's previous distributions, the most recent of which was handed out at the end of May. Prior to that, Xinyuan was marginally less generous, dispensing $0.04 per share.
The just-declared ADS dividend annualizes to $0.20 per share. That yields 4% at that security's current share price of $5.00.
Fool contributor Eric Volkman has no position in Xinyuan Real Estate, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.