Nippon Shokubai Increases Year-End Dividend Amid Strong Financial Performance

Nippon Shokubai Co., Ltd. ( (JP:4114) ) just unveiled an announcement.

Nippon Shokubai Co., Ltd. announced a year-end dividend of 60 yen per share for the fiscal year ending March 31, 2025, an increase from the previous forecast, resulting in an annual dividend of 114 yen per share. This decision reflects the company’s strong financial performance, driven by higher profit before tax and profit attributable to owners, despite a decrease in operating profit due to reduced production and sales volumes. The move aligns with their shareholder return policy, emphasizing a payout ratio of 100% or a dividend on equity of 2.0%, whichever is greater.

The most recent analyst rating on (JP:4114) stock is a Hold with a Yen1600.00 price target. To see the full list of analyst forecasts on Nippon Shokubai Co., Ltd. stock, see the JP:4114 Stock Forecast page.

More about Nippon Shokubai Co., Ltd.

Nippon Shokubai Co., Ltd. operates in the chemical industry, focusing on the production of chemicals, including acrylic acid and superabsorbent polymers, which are essential in various applications such as hygiene products and industrial materials.

Average Trading Volume: 797,228

Technical Sentiment Signal: Buy

Current Market Cap: Yen264.1B

Learn more about 4114 stock on TipRanks’ Stock Analysis page.