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LY Corporation ( (JP:4689) ) has shared an update.
LY Corporation has announced a revision to its dividend payment forecast for the fiscal year ending March 31, 2025, increasing the expected payout from JPY5.56 to JPY7.00 per share. The decision reflects the company’s commitment to balancing shareholder returns with strategic investments for long-term growth, leveraging favorable recent performance and a policy targeting a cumulative payout ratio of 70% or more over five years. LY Corporation plans to maintain stable dividends and may consider share buybacks to enhance capital efficiency.
More about LY Corporation
YTD Price Performance: 11.33%
Average Trading Volume: 11,290,878
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen3275.8B
For an in-depth examination of 4689 stock, go to TipRanks’ Stock Analysis page.