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GMO Internet Group to Receive Significant Dividend from Subsidiary

Story Highlights
  • GMO Internet Group will receive a JPY 4,488 million dividend from its subsidiary.
  • The dividend will affect non-consolidated financial results but not consolidated performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
GMO Internet Group to Receive Significant Dividend from Subsidiary

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The latest announcement is out from GMO Internet ( (JP:9449) ).

GMO Internet Group, Inc. announced it will receive a dividend of JPY 4,488 million from its subsidiary, GMO Payment Gateway, Inc. This dividend will be recorded as net sales in the company’s non-consolidated financial results for the fiscal year ending December 31, 2025, with no impact on its consolidated business performance.

The most recent analyst rating on (JP:9449) stock is a Hold with a Yen3576.00 price target. To see the full list of analyst forecasts on GMO Internet stock, see the JP:9449 Stock Forecast page.

More about GMO Internet

GMO Internet Group, Inc. operates in the internet industry, providing a range of services including internet infrastructure, online advertising, internet finance, and cryptocurrency. The company is focused on leveraging technology to innovate and expand its market presence.

YTD Price Performance: 36.33%

Average Trading Volume: 221,614

Technical Sentiment Signal: Buy

Current Market Cap: Yen375.7B

For detailed information about 9449 stock, go to TipRanks’ Stock Analysis page.

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