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Futaba Industrial Co., Ltd. ( (JP:7241) ) has provided an announcement.
Futaba Industrial Co., Ltd. has announced a change in its dividend policy to adopt a progressive dividend system with a minimum shareholder equity dividend ratio of 3.5%, effective from the fiscal year ending March 2025. This change aims to enhance shareholder returns and is accompanied by a commemorative dividend for the company’s 80th anniversary, reflecting its commitment to rewarding long-standing shareholder support.
More about Futaba Industrial Co., Ltd.
Futaba Industrial Co., Ltd. operates in the automotive industry, focusing on manufacturing automotive components. The company is listed on the Tokyo and Nagoya Stock Exchanges and is committed to enhancing corporate and shareholder value through stable dividend payouts and strategic investments.
YTD Price Performance: 13.50%
Average Trading Volume: 260,841
Technical Sentiment Signal: Sell
Current Market Cap: Yen69.32B
For detailed information about 7241 stock, go to TipRanks’ Stock Analysis page.