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Nichirei Corporation Announces Progressive Dividend System

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Nichirei Corporation Announces Progressive Dividend System

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Nichirei Corporation ( (JP:2871) ) has issued an update.

Nichirei Corporation has announced a change in its dividend standards, implementing a progressive dividend system with a minimum consolidated dividend on equity ratio of 4.0%, effective from the fiscal year ending March 31, 2026. This move reflects the company’s commitment to enhancing shareholder value and is expected to impact its financial strategy and stakeholder returns positively.

The most recent analyst rating on (JP:2871) stock is a Buy with a Yen4200.00 price target. To see the full list of analyst forecasts on Nichirei Corporation stock, see the JP:2871 Stock Forecast page.

More about Nichirei Corporation

Nichirei Corporation operates in the food industry, primarily focusing on frozen foods, logistics, and biosciences, with a significant presence in the Japanese market.

Average Trading Volume: 1,325,833

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen508B

For detailed information about 2871 stock, go to TipRanks’ Stock Analysis page.

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