How does this dividend compare with those of peer fintech companies in China?

Jianpu’s special cash dividend is a rarity in the Chinese fintech space, where most peers—Ant Group, Tencent FinTech, Lufax, JD Digits and the newer challenger‑bank platforms—run a “no‑dividend” policy and instead plow earnings back into growth. Based on the disclosed payout (≈CNY 0.55 per share) and Jianpu’s latest closing price of about CNY 5.5, the one‑off yield works out to roughly 10 % on a trailing‑12‑month basis. By contrast, the only other listed fintechs that have paid a dividend in the past 12 months (e.g., 21Vianet’s modest 3 % annual yield and Shanghai‑listed Ping An FinTech’s 2‑3 % quarterly payout) are delivering well below 5 %. Even the special dividend that Lufax announced in early 2024 was roughly 4 % of its share price. In short, Jianpu’s payout is 2–3× larger than the typical fintech dividend in China and offers a short‑term income premium that most peers do not provide.

From a trading standpoint the announcement creates a classic ex‑dividend effect: a modest price dip (usually 2–4 % of the dividend amount) on September 9, followed by a quick bounce as income‑seeking investors step in. Technically, Jianpu is trading near its 50‑day moving average (≈CNY 5.45) with support at the recent low of CNY 5.30 and resistance at CNY 5.80. The high dividend yield makes the stock more attractive on a relative‑value basis, especially for investors rotating from growth‑only fintech names into income‑biased positions. A buy‑on‑dip into the CNY 5.30–5.45 zone before the ex‑date, with a target around CNY 5.80‑5.90 after the dividend adjusts, could capture both the yield premium and the technical upside. Keep an eye on broader Chinese fintech sentiment and any regulatory news that could outweigh the dividend’s appeal.