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Aisan Industry Announces Interim Dividend and Future Payout Strategy

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Aisan Industry Announces Interim Dividend and Future Payout Strategy

Confident Investing Starts Here:

Aisan Industry Co., Ltd. ( (JP:7283) ) just unveiled an update.

Aisan Industry Co., Ltd. has announced an interim dividend of ¥37 per share, maintaining its commitment to a stable dividend policy with a target payout ratio of 30% or more. This decision reflects the company’s strategy to increase shareholder returns, as evidenced by the planned annual dividend increase to ¥68 per share for the fiscal year ending March 2025, and a further target payout ratio of 35% for the upcoming fiscal years.

More about Aisan Industry Co., Ltd.

Aisan Industry Co., Ltd. operates in the automotive industry, focusing on the production of fuel systems, throttle bodies, and other automotive components. The company is listed on the Tokyo Stock Exchange (Prime Market) and the Nagoya Stock Exchange (Premier Market), and it aims to provide stable and continuous dividends to its shareholders.

YTD Price Performance: 17.24%

Average Trading Volume: 215,776

Technical Sentiment Signal: Sell

Current Market Cap: Yen124.3B

For an in-depth examination of 7283 stock, go to TipRanks’ Stock Analysis page.

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