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Maruha Nichiro ( (JP:1333) ) just unveiled an update.
Maruha Nichiro Corporation has announced a change in its dividend policy to introduce progressive dividends, aiming to enhance and stabilize shareholder returns. This new policy, which will take effect from the fiscal year ending March 2026, is part of the company’s mid-term management plan ‘For the ocean, for life 2027,’ and reflects a commitment to maintaining or increasing dividends per share with a payout ratio of 30% or more.
More about Maruha Nichiro
Maruha Nichiro Corporation is a prominent player in the seafood industry, primarily engaged in the production and distribution of marine products. The company is listed on the Tokyo Stock Exchange and focuses on sustainable practices and growth through its mid-term management plan.
YTD Price Performance: 10.40%
Average Trading Volume: 198,998
Technical Sentiment Signal: Buy
Current Market Cap: Yen166.4B
For an in-depth examination of 1333 stock, go to TipRanks’ Stock Analysis page.