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Doutor Nichires Increases Year-End Dividend Amid Strong Performance

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Doutor Nichires Increases Year-End Dividend Amid Strong Performance

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Doutor Nichires Holdings Co., Ltd. ( (JP:3087) ) has provided an update.

Doutor Nichires Holdings Co., Ltd. has announced an increase in its year-end dividend to 27 yen per share, reflecting strong sales performance and net income exceeding expectations post-COVID-19 recovery. This decision aligns with the company’s policy of maintaining a payout ratio of 30% to 40%, resulting in an annual dividend of 50 yen, a significant increase from the previous year.

More about Doutor Nichires Holdings Co., Ltd.

Doutor Nichires Holdings Co., Ltd. operates in the food and beverage industry, focusing on providing coffee and related products. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its commitment to returning profits to shareholders.

YTD Price Performance: 2.76%

Average Trading Volume: 244,255

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen105.1B

See more insights into 3087 stock on TipRanks’ Stock Analysis page.

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