They have a cc scheduled on the 27th. Hopefully WE WILL HEAR ABOUT A DIVIDEND INCREASE!!
Xinyuan Real Estate Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN), a residential real estate developer with primary focus on high growth cities in China, today announced that it plans to release fourth quarter and full year 2012 financial results on Wednesday February 27th, 2013, before the market opens.
" . . . A Dividend Increase?" How about a dividend at all. Last X-div date was Oct 23, 2012. Which means we should have had an X-Div by the end of Jan , 2013. We haven't even had a dividend declaration. This doesn't make any sense. Maybe this type of irregularity is common in Chinese companies? Xinyuan is already overdue for a dividend announcement and payment for this quarter. Zero communication from the company on what is going on the dividend. Like it doesn't even exist. What gives? What am I missing? I sent an email to Gurnee today asking for an explanation. If I hear back I will let you know.
Xin has said they will pay 4 dividends a year but they don't come every 3 months. So far they have paid in April, June and October. They could pay this month and still be consistent with their previous dividend schedule.