tiprankstipranks
Trending News
More News >

Asteria Corporation Revises Dividend Policy and Increases Year-End Forecast

Story Highlights
Asteria Corporation Revises Dividend Policy and Increases Year-End Forecast

Confident Investing Starts Here:

Asteria Corporation ( (JP:3853) ) has issued an announcement.

Asteria Corporation has announced changes to its shareholder return policy, emphasizing a shift from stable dividend payouts to a progressive policy aiming for a 30% payout ratio, in line with its Medium-Term Management Plan. This move is intended to bolster investor confidence and support future growth. Additionally, Asteria has revised its year-end dividend forecast for the fiscal year ending March 2025 to 7.50 yen, marking a 50% increase from the previously announced figure, reflecting the company’s commitment to enhancing shareholder returns.

More about Asteria Corporation

Asteria Corporation operates in the technology sector and is listed on the TSE Prime Market under the ticker 3853. The company focuses on providing technology-driven solutions and services with a market focus on enhancing shareholder value and financial stability.

YTD Price Performance: 0%

Average Trading Volume: 75,083

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen8.9B

For a thorough assessment of 3853 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1