tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Nippon Denko Announces 100th Anniversary Dividend and Forecast Revisions

Story Highlights
Nippon Denko Announces 100th Anniversary Dividend and Forecast Revisions

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Nippon Denko Co., Ltd. ( (JP:5563) ) has provided an update.

Nippon Denko Co., Ltd. has announced a commemorative dividend of ¥1 per share to mark its 100th anniversary, alongside a revision of its dividend forecasts for the fiscal year ending December 31, 2025. This move reflects the company’s gratitude towards its shareholders and aligns with its shareholder returns policy, which includes a payout ratio of approximately 40% based on underlying profit and a minimum dividend per share of ¥10.

More about Nippon Denko Co., Ltd.

Nippon Denko Co., Ltd. operates in the manufacturing industry, focusing on producing and supplying various industrial materials. The company is known for its commitment to innovation and quality, serving a diverse range of markets with its products.

Average Trading Volume: 499,722

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen39.43B

See more insights into 5563 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1