Cango Inc.
CANGDividend History
| Pay Date | Amount | Ex-Date | Record Date |
|---|---|---|---|
| November 23, 2022 | $1.00 | 2022-11-25 | 2022-10-24 |
| June 15, 2022 | $1.00 | 2022-06-16 | 2022-05-25 |
| April 8, 2021 | $1.00 | 2021-03-19 | 2021-03-22 |
| May 18, 2020 | $0.25 | 2020-05-01 | 2020-05-04 |
| May 28, 2019 | $0.25 | 2019-05-09 | 2019-05-10 |
Dividends Summary
- Consistent Payer: Cango Inc. has rewarded shareholders with 5 dividend payments over the past 3 years.
- Total Returned Value: Investors who held CANG shares during this period received a total of $3.50 per share in dividend income.
- Latest Payout: The most recent dividend of $1.00/share was paid 1333 days ago, on November 23, 2022.
- Dividend Growth: Since 2019, the dividend payout has grown by 300.0%, from $0.25 to $1.00.
- Dividend Reliability: CANG has maintained or increased its dividend for 5 consecutive payments.
Company News
Cango reported Q1 2026 results with $102 million in revenue but a $261.1 million net loss driven by noncash impairment charges and Bitcoin collateral fair value declines. The company reduced long-term debt to $30.6 million from $557.6 million through strategic Bitcoin sales, shifted from a 'mine and hold' to a 'dynamic balanced' treasury approach...
Cango reported Q3 2024 results showing sharp revenue decline to RMB27.0 million from RMB353.6 million year-over-year, but achieved operating profit of RMB35.2 million and net income of RMB67.9 million through aggressive cost control and risk management. The company is expanding internationally through AutoCango.com, which has accumulated 370,000 ...
Cango reported a sharp 93% year-over-year revenue decline to RMB45.1 million in Q2 2024, driven by weakness in the Chinese automotive market. Despite lower revenues, the company swung to profitability with RMB86 million net income through cost control measures and credit loss recoveries. Management guided Q3 revenue to decline further to RMB20-25...
Qian Xun Technology Ltd. is transitioning from advertising services to e-commerce and fintech, unveiling PayKet, a stablecoin-based payment service for cross-border trading of used electronics. The company acquired Punkcode Technology for blockchain development and is positioning itself as a fintech provider leveraging cryptocurrencies, IoT, and ...
Cango Inc. (NYSE: CANG), a leading automotive transaction service provider in China, has expanded into the Bitcoin mining business, deploying operations across strategic locations globally. The move is driven by the development in blockchain technology and the increasing prevalence of crypto assets.
