An update from Disco ( (JP:6146) ) is now available.
Disco Corporation announced a resolution to distribute surplus earnings as dividends, with a total year-end dividend of 289 yen per share, bringing the total annual dividend to 413 yen. This decision aligns with their performance-linked dividend policy, aiming to prioritize shareholder returns by setting a target payout ratio of 25% of consolidated net income and adding surplus cash to dividends, reflecting a stable financial strategy.
More about Disco
Disco Corporation operates in the technology industry, focusing on the development and manufacturing of precision cutting, grinding, and polishing machines and tools. The company is known for its innovative solutions and serves a global market, catering primarily to semiconductor manufacturers.
YTD Price Performance: -31.41%
Average Trading Volume: 1,004
Technical Sentiment Signal: Buy
Current Market Cap: $21.45B
Learn more about 6146 stock on TipRanks’ Stock Analysis page.