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Meiko Network Maintains Dividend, Plans Future Increase
Company Announcements

Meiko Network Maintains Dividend, Plans Future Increase

Meiko Network Japan Co., Ltd. (JP:4668) has released an update.

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Meiko Network Japan Co., Ltd. has declared a year-end dividend of 12 yen per share for the fiscal year ending August 31, 2024, maintaining the same payout as the previous year. With a commitment to a mid to long-term increase in corporate value, the company has also announced a future dividend policy focusing on a steady and consistent shareholder return, based on a dividend on equity ratio of approximately 5% to 7%. For the next fiscal year, they plan to pay a dividend of 26 yen per share, which includes an increase of 2 yen from the ordinary dividend of the current fiscal year.

For further insights into JP:4668 stock, check out TipRanks’ Stock Analysis page.

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