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Mugen Estate Co., Ltd. ( (JP:3299) ) just unveiled an update.
Mugen Estate Co., Ltd. announced a change in its dividend policy following a Board of Directors meeting, now planning to pay dividends twice a year, including an interim dividend, to enhance shareholder returns. This strategic shift is part of the company’s ongoing efforts to balance profit distribution with business performance considerations, aiming for a dividend payout ratio of 40% or more over the medium to long term.
More about Mugen Estate Co., Ltd.
Mugen Estate Co., Ltd. operates in the real estate industry, focusing on property sales and management. The company is known for its commitment to providing stable dividends to shareholders while maintaining a strong financial position.
YTD Price Performance: -0.65%
Average Trading Volume: 177,554
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen44.12B
Find detailed analytics on 3299 stock on TipRanks’ Stock Analysis page.