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Gecoss Corporation Increases Year-End Dividend Amid Strategic Policy Shift

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Gecoss Corporation Increases Year-End Dividend Amid Strategic Policy Shift

Elevate Your Investing Strategy:

Gecoss Corporation ( (JP:9991) ) has shared an announcement.

Gecoss Corporation announced an increase in its year-end dividend to 34 yen per share, reflecting a 6 yen rise from the previous forecast, as part of its revised dividend policy. This move, aligned with its Medium-Term Business Plan, aims to achieve a dividend payout ratio of around 40% and a dividend on equity ratio of at least 2.5%, indicating a strong financial performance and commitment to shareholder returns.

More about Gecoss Corporation

Gecoss Corporation operates in the construction industry, providing a range of products and services that include temporary construction materials and equipment. The company focuses on enhancing its market presence through strategic financial policies.

YTD Price Performance: 5.38%

Average Trading Volume: 42,456

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen34.94B

For an in-depth examination of 9991 stock, go to TipRanks’ Stock Analysis page.

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