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Nippon Express Declares Consistent Year-End Dividend Amid Stock Split

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Nippon Express Declares Consistent Year-End Dividend Amid Stock Split

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NIPPON EXPRESS HOLDINGS,INC. ( (JP:9147) ) has shared an update.

Nippon Express Holdings, Inc. announced a year-end dividend of 150 yen per share, maintaining the same dividend as the previous year, despite a three-for-one stock split. This decision aligns with the company’s policy of returning profits to shareholders while ensuring financial stability, as outlined in their business plan aiming for a minimum dividend payout ratio of 40% and a total return ratio of 55% through 2028.

More about NIPPON EXPRESS HOLDINGS,INC.

Nippon Express Holdings, Inc. operates in the logistics industry, offering a range of transportation and logistics services. The company is listed on the Tokyo Stock Exchange Prime Market and focuses on sustainable growth through strategic business plans.

YTD Price Performance: 11.16%

Average Trading Volume: 1,139,396

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen692.1B

For detailed information about 9147 stock, go to TipRanks’ Stock Analysis page.

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