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NGK SPARK PLUG CO ( (JP:5334) ) has issued an update.
Niterra Co., Ltd., listed on the Tokyo Prime and Nagoya Premier stock exchanges, announced a dividend increase following a board meeting. The company has resolved to distribute a year-end dividend of 90 yen per share, an increase from the previous forecast of 89 yen, reflecting its commitment to returning profits to shareholders. This decision aligns with Niterra’s stable and performance-linked dividend policy, aiming for a dividend on equity of around 4% and a payout ratio of around 10%. The total dividend for the fiscal year will be 178 yen per share, up from 164 yen the previous year.
More about NGK SPARK PLUG CO
YTD Price Performance: 1.77%
Average Trading Volume: 300
Technical Sentiment Signal: Strong Sell
Current Market Cap: $6.3B
Learn more about 5334 stock on TipRanks’ Stock Analysis page.