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XIN - Xinyuan Real Estate Co.: The 10% Dividend Yield Makes For An Even Better Entry Point
Xinyuan Real Estate Co Ltd American Depositary Shares
Xinyuan Real Estate Co. (NYSE:XIN) is a Chinese real estate developer and property manager focused mainly on tier-one and tier-two cities in China such as Beijing, Shanghai, Zhengzhou, Jinan, Xi'an, and Suzhou. While the majority of their revenue comes from China, they do also have some projects in NYC and London.
Our last article on XIN was published on February 22, right after 4Q18 and full-year results were announced. Since that time, they have announced results for 1Q19 and 2Q19, both of which were consistent with our expectations and neither of which