JinkoSolar declares $0.375 per share cash dividend

INVESTING.COMJun 12, 10:05 AM UTC
JinkoSolar declares $0.375 per share cash dividend

SHANGRAO, China - JinkoSolar Holding Co. (NYSE:JKS) announced today that its board of directors has declared a cash dividend of $0.375 per ordinary share, or $1.50 per American Depositary Share.

Shareholders of record at the close of trading on June 22, 2026 will be entitled to receive the dividend, according to a press release statement. The payment is expected to be distributed on or around July 9, 2026. The total cash distribution is expected to be approximately $78.5 million.The dividend represents a yield of nearly 14%, making it particularly noteworthy given the stock is trading near its 52-week low of $17.36. An InvestingPro Tip highlights that the company "pays a significant dividend to shareholders," though investors should note there are 13 additional ProTips available that provide deeper insight into the company’s financial health.

The dividend to ADS holders will be paid through the depositary bank and will be subject to the terms of the deposit agreement, including applicable fees and expenses.

"Returning capital reflects our confidence in JinkoSolar’s long-term prospects and our commitment to delivering sustainable value to shareholders," said Xiande Li, Chairman and Chief Executive Officer of JinkoSolar.According to InvestingPro analysis, the stock appears undervalued at current levels, placing it among opportunities on the platform’s most undervalued stocks list. Investors seeking comprehensive analysis can access JinkoSolar’s detailed Pro Research Report, available for this and 1,400+ other US equities.

JinkoSolar distributes solar products and sells solutions and services to utility, commercial and residential customers across multiple countries including China, the United States, Japan, Germany, the United Kingdom, and other regions. As of March 31, 2026, the company had over 10 production facilities globally and over 20 overseas subsidiaries.

In other recent news, JinkoSolar Holding Co. reported its first-quarter 2026 earnings, revealing a significant earnings per share (EPS) beat with an actual EPS of -8.85, surpassing the forecast of -14.38. However, the company’s revenue fell short of expectations, totaling 12.25 billion USD compared to the anticipated 19.27 billion USD. Additionally, UBS raised its price target for JinkoSolar to $24.00 from $23.00, citing margin gains, while maintaining a Neutral rating on the stock. The solar panel manufacturer also reported first-quarter revenue of $1.78 billion, which exceeded UBS’s expectations but represented a 30% sequential decline due to lower module shipment volumes. In another development, JinkoSolar announced its entry into the data center business by supplying power from its solar plants to a new facility in China’s western desert region. This move aims to meet the growing demand from artificial intelligence applications. These recent developments highlight JinkoSolar’s strategic shifts and financial performance in the current market landscape.

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