{"id":781676,"date":"2023-09-01T16:57:34","date_gmt":"2023-09-01T20:57:34","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/xp-inc-announces-cash-dividend\/"},"modified":"2023-09-01T16:57:34","modified_gmt":"2023-09-01T20:57:34","slug":"xp-inc-announces-cash-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/xp-inc-announces-cash-dividend\/","title":{"rendered":"XP Inc. Announces Cash Dividend"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>XP Inc. Announces Cash Dividend<\/b><\/p>\n<p>S\u00c3O PAULO, Brazil&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nXP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today that its Board of Directors has approved payment of a cash dividend. The dividend will be payable on September 25, 2023, to shareholders of record as of September 12, 2023. The total dividend paid will be US$320,000,000 or US$0.58 per common share.<\/p>\n<p><b>About XP<\/b><\/p>\n<p>\nXP is a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil. XP\u2019s mission is to disintermediate the legacy models of traditional financial institutions by:<\/p>\n<ul class=\"bwlistdisc\">\n<li>\nEducating new classes of investors;<\/p>\n<\/li>\n<li>\nDemocratizing access to a wider range of financial services;<\/p>\n<\/li>\n<li>\nDeveloping new financial products and technology applications to empower clients; and<\/p>\n<\/li>\n<li>\nProviding high-quality customer service and client experience in the industry in Brazil.<\/p>\n<\/li>\n<\/ul>\n<p>\nXP provides customers with two principal types of offerings, (i) financial advisory services for retail clients in Brazil, high-net-worth clients, international clients and corporate and institutional clients, and (ii) an open financial product platform providing access to over 800 investment products including equity and fixed income securities, mutual and hedge funds, structured products, life insurance, pension plans, real-estate investment funds (REITs) and others from XP, its partners and competitors.<\/p>\n<p><b>Forward Looking Statements<\/b><\/p>\n<p>\nThis press release contains &#8220;forward-looking statements&#8221; within the meaning of the &#8220;safe harbor&#8221; provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as &#8220;expect,&#8221; &#8220;anticipate,&#8221; &#8220;should,&#8221; &#8220;believe,&#8221; &#8220;hope,&#8221; \u201caim,\u201d &#8220;target,&#8221; &#8220;project,&#8221; &#8220;goals,&#8221; &#8220;estimate,&#8221; &#8220;potential,&#8221; &#8220;predict,&#8221; &#8220;may,&#8221; &#8220;will,&#8221; &#8220;might,&#8221; &#8220;could,&#8221; &#8220;intend,&#8221; variations of these terms or the negative of these terms and similar expressions are intended to identify these statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond XP Inc\u2019s control. XP, Inc\u2019s actual results could differ materially from those stated or implied in forward-looking statements due to several factors, including but not limited to: competition, change in clients, regulatory measures, a change the external forces among other factors.<\/p>\n<p><b>IR Website: <\/b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Finvestors.xpinc.com&amp;esheet=53547766&amp;newsitemid=20230901591330&amp;lan=en-US&amp;anchor=investors.xpinc.com&amp;index=1&amp;md5=1ef8da8d498e1a141893db0219b32d84\">investors.xpinc.com<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230901591330r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230901591330\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230901591330\/en\/<\/a><\/span><\/p>\n<p><b>Investor Contact:<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:ir@xpi.com.br\">ir@xpi.com.br<\/a><\/p>\n<p><b>KEYWORDS:<\/b> South America Brazil<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Fintech Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\" \/>\n","protected":false},"excerpt":{"rendered":"<p>XP Inc. Announces Cash Dividend S\u00c3O PAULO, Brazil&#8211;(BUSINESS WIRE)&#8211; XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today that its Board of Directors has approved payment of a cash dividend. The dividend will be payable on September 25, 2023, to shareholders of record as of September 12, 2023. The total dividend paid will be US$320,000,000 or US$0.58 per common share. About XP XP is a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil. XP\u2019s mission is to disintermediate the legacy models of traditional financial institutions by: Educating new classes of investors; Democratizing access to a wider range of financial services; &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/xp-inc-announces-cash-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;XP Inc. Announces Cash Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-781676","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>XP Inc. 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The total dividend paid will be US$320,000,000 or US$0.58 per common share. About XP XP is a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil. XP\u2019s mission is to disintermediate the legacy models of traditional financial institutions by: Educating new classes of investors; Democratizing access to a wider range of financial services; &hellip; Continue reading &quot;XP Inc. 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