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Chugoku Electric Power Co ( (JP:9504) ) has shared an announcement.
Chugoku Electric Power Co., Inc. announced a new direction for shareholder returns starting from FY 3/2027, aligning with its ‘Chugoku Electric Power Group Corporate Vision 2040.’ The company plans to introduce a dividend on equity (DOE) approach to ensure stable dividends while rebuilding its financial base, targeting a DOE of 2% until the Shimane Nuclear Power Station Unit 3 becomes operational. Post-operation, the company aims to enhance shareholder returns further, reflecting improved business performance and cash flow.
The most recent analyst rating on (JP:9504) stock is a Hold with a Yen872.00 price target. To see the full list of analyst forecasts on Chugoku Electric Power Co stock, see the JP:9504 Stock Forecast page.
More about Chugoku Electric Power Co
Chugoku Electric Power Co., Inc. operates in the energy sector, primarily focusing on electricity generation and distribution. The company is engaged in the development and management of power plants, including nuclear facilities, and aims to enhance its financial stability and shareholder returns.
Average Trading Volume: 2,354,540
Technical Sentiment Signal: Buy
Current Market Cap: Yen315.3B
For detailed information about 9504 stock, go to TipRanks’ Stock Analysis page.