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Chugoku Electric Power Co ( (JP:9504) ) has shared an announcement.
Chugoku Electric Power Co., Inc. announced a resolution to pay dividends for the fiscal year ended March 31, 2025, with a focus on restoring and strengthening its financial base. The company plans to revise its dividend policy for the fiscal year ending March 31, 2026, due to exceeding a 15% consolidated shareholders’ equity ratio. The revised policy aims to support significant investments in essential power projects while maintaining a stable financial base and gradually increasing the dividend ratio, with a basic target of 12%.
More about Chugoku Electric Power Co
Chugoku Electric Power Co., Inc. operates in the energy sector, primarily focusing on the generation and supply of electricity. The company is involved in various energy projects, including nuclear and thermal power plants, to ensure a stable electricity supply and support decarbonization efforts.
YTD Price Performance: 6.39%
Technical Sentiment Signal: Buy
Current Market Cap: $2.14B
For an in-depth examination of 9504 stock, go to TipRanks’ Stock Analysis page.