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Daido Metal Co., Ltd. Announces Stable Dividend Amid Economic Challenges

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Daido Metal Co., Ltd. Announces Stable Dividend Amid Economic Challenges

Confident Investing Starts Here:

Daido Metal Co., Ltd. ( (JP:7245) ) has provided an announcement.

Daido Metal Co., Ltd. announced a dividend of 11 yen per share for the fiscal year ending March 31, 2025, reflecting a stable payout despite challenges such as a slowing Chinese economy and rising global costs. The company achieved increased revenue and profit due to strong demand in the automotive and shipping sectors, resulting in an annual dividend of 18 yen per share.

More about Daido Metal Co., Ltd.

Daido Metal Co., Ltd. operates in the automotive and shipping sectors, focusing on the production of metal bearings and related components. The company is positioned in the Prime Market of the Tokyo Stock Exchange and the Premier Market of the Nagoya Stock Exchange.

Average Trading Volume: 192,370

Technical Sentiment Signal: Buy

Current Market Cap: Yen29.57B

For a thorough assessment of 7245 stock, go to TipRanks’ Stock Analysis page.

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