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Kobe Steel ( (JP:5406) ) has issued an update.
Kobe Steel, Ltd. has revised its dividend forecast for the fiscal year ending March 31, 2025, announcing an increase in the year-end dividend per share from 45 yen to 55 yen, resulting in an annual dividend of 100 yen. This decision reflects the company’s commitment to returning profits to shareholders while maintaining a balance between financial health and capital needs, aiming for a target dividend payout ratio of approximately 30% of the profit attributable to owners of the parent.
More about Kobe Steel
Kobe Steel, Ltd. operates in the industrial sector, primarily focusing on steel manufacturing and engineering services. The company is known for its diversified offerings in metals, machinery, and engineering solutions, targeting both domestic and international markets.
YTD Price Performance: 8.28%
Average Trading Volume: 400
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $4.24B
Find detailed analytics on 5406 stock on TipRanks’ Stock Analysis page.
