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Meitec Announces Increased Year-End Dividend Amid Strong Financial Performance

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Meitec Announces Increased Year-End Dividend Amid Strong Financial Performance

Confident Investing Starts Here:

The latest update is out from Meitec ( (JP:9744) ).

Meitec Group Holdings Inc. has announced a resolution to pay a year-end dividend of 110 yen per share, marking an increase from the previous year’s dividend due to higher-than-expected profits. This decision reflects the company’s strong financial performance and commitment to rewarding shareholders, as the total annual dividend reaches 198 yen per share, representing a payout ratio of 120%.

More about Meitec

Meitec Group Holdings Inc. operates in the engineering services industry, providing staffing and outsourcing solutions primarily focused on the engineering sector. The company is known for its expertise in offering comprehensive engineering services to various industries, enhancing their operational efficiency and innovation.

Average Trading Volume: 347,551

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen228.3B

See more data about 9744 stock on TipRanks’ Stock Analysis page.

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