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DD GROUP Announces No Dividend on Common Stock Amid Economic Uncertainty

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DD GROUP Announces No Dividend on Common Stock Amid Economic Uncertainty

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DD GROUP Co., Ltd. ( (JP:3073) ) just unveiled an announcement.

DD GROUP Co., Ltd. announced that there will be no dividend on common stock for the fiscal year ending February 2025, while a dividend of 4,000 yen per share will be paid on preferred stock. The decision reflects the company’s cautious approach amid uncertain economic conditions, including rising costs and regulatory changes, which are expected to impact business performance. The company aims to enhance corporate value and resume dividends in the future.

More about DD GROUP Co., Ltd.

YTD Price Performance: -5.95%

Average Trading Volume: 89,978

Technical Sentiment Signal: Sell

Current Market Cap: Yen24.06B

See more insights into 3073 stock on TipRanks’ Stock Analysis page.

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