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An announcement from Nitto Boseki Co ( (JP:3110) ) is now available.
Nittobo has announced a significant increase in its year-end dividend to 78.50 yen per share, up from the previous year’s 32.50 yen, reflecting its strong financial performance and commitment to shareholder returns. This decision aligns with the company’s Medium-Term Management Plan, which targets a minimum dividend of 55 yen per share and a payout ratio of 30% of steady earnings, indicating a positive outlook for stakeholders.
More about Nitto Boseki Co
Nittobo, officially known as Nitto Boseki Co., Ltd., operates in the manufacturing industry, focusing on producing a range of products including textiles, glass fiber, and other advanced materials. The company is committed to sustainable business growth and maintaining a sound financial structure.
Average Trading Volume: 470,393
Technical Sentiment Signal: Hold
Current Market Cap: Yen148.9B
Learn more about 3110 stock on TipRanks’ Stock Analysis page.