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Kohoku Kogyo Co., Ltd. Increases Dividend Forecast for FY 2024

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Kohoku Kogyo Co., Ltd. Increases Dividend Forecast for FY 2024

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The latest update is out from KOHOKU KOGYO CO. LTD. ( (JP:6524) ).

Kohoku Kogyo Co., Ltd. has revised its dividend forecast for the fiscal year ending December 2024, increasing the expected year-end dividend from 23.00 yen to 30.00 yen per share. This decision aligns with the company’s strategy of maintaining financial flexibility and enhancing shareholder returns, targeting a dividend payout ratio of 30% and a stable dividend on equity of 3% or more.

More about KOHOKU KOGYO CO. LTD.

Kohoku Kogyo Co., Ltd. operates in the industrial sector, focusing on manufacturing and distributing precision electronic components and related solutions. The company aims to enhance its market presence by investing in research and development, capital investment, and mergers and acquisitions.

YTD Price Performance: -6.81%

Average Trading Volume: 148,996

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen74.27B

Learn more about 6524 stock on TipRanks’ Stock Analysis page.

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