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An announcement from East Japan Railway Company ( (JP:9020) ) is now available.
East Japan Railway Company announced an increase in dividend payments from retained earnings and revised its business forecasts for the fiscal year ending March 31, 2026. The company expects higher operating revenues and profits due to increased passenger revenues, leading to a revised dividend payout of ¥35 per share, up from the previously forecasted ¥31, aligning with their strategy to gradually raise the dividend payout ratio to 40% by 2028.
The most recent analyst rating on (JP:9020) stock is a Buy with a Yen4700.00 price target. To see the full list of analyst forecasts on East Japan Railway Company stock, see the JP:9020 Stock Forecast page.
More about East Japan Railway Company
East Japan Railway Company operates in the transportation industry, primarily focusing on railway services. It is a major player in the Japanese market, providing extensive rail services across East Japan.
Average Trading Volume: 2,567,898
Technical Sentiment Signal: Buy
Current Market Cap: Yen4106.8B
See more data about 9020 stock on TipRanks’ Stock Analysis page.