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Kitz ( (JP:6498) ) has issued an announcement.
KITZ Corporation announced an increase in its interim dividend to 21.00 yen per share, up from the previous forecast of 19.00 yen, reflecting a positive assessment of its interim financial results. This decision aligns with the company’s policy to balance shareholder returns with financial needs, aiming for a dividend payout ratio of approximately 35% of profit attributable to owners of the parent, with the annual dividend expected to reach 48.00 yen per share.
More about Kitz
KITZ Corporation operates in the manufacturing industry, focusing on the production of valves and other related products. The company is listed on the Tokyo Stock Exchange Prime Market and prioritizes returning profits to shareholders through dividends.
Average Trading Volume: 182,125
Technical Sentiment Signal: Buy
Current Market Cap: Yen111.8B
Find detailed analytics on 6498 stock on TipRanks’ Stock Analysis page.