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Mitsubishi Pencil Company, Limited ( (JP:7976) ) has issued an update.
Mitsubishi Pencil Company, Limited has announced a change in its dividend policy, setting a new target for a consolidated dividend payout ratio of 40%. This change is part of the company’s strategy to enhance shareholder returns and align with its medium-term management plan. The company has also determined an interim dividend of 26 yen per share for the fiscal year ending December 2025, with a revised year-end dividend forecast of 26 yen per share, resulting in a total annual dividend increase to 52 yen. This move is expected to improve capital efficiency and focus on capital costs and stock prices, benefiting stakeholders.
More about Mitsubishi Pencil Company, Limited
Mitsubishi Pencil Company, Limited operates in the stationery industry, primarily focusing on the production of writing instruments and related products. The company is known for its innovative writing solutions and has a significant presence in the global market.
Average Trading Volume: 132,720
Technical Sentiment Signal: Hold
Current Market Cap: Yen110.5B
See more insights into 7976 stock on TipRanks’ Stock Analysis page.