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Relo Group ( (JP:8876) ) just unveiled an announcement.
Relo Group, Inc. has announced a dividend payment from retained earnings, reflecting its strong financial performance for the fiscal year ending March 31, 2025. The company achieved record profits due to gains in its core business areas and a strategic sale of shares in Nihon Housing Co., Ltd. Consequently, the board decided to issue a special dividend, raising the total year-end dividend to 42 yen per share. Additionally, Relo Group has increased its dividend payout ratio target from 30% to 35% for future fiscal years, underscoring its commitment to shareholder returns.
More about Relo Group
Relo Group, Inc. operates in the real estate and property management industry, offering services such as leased corporate housing management, property management, and fringe benefits for employees. The company focuses on maintaining a strong stock base and generating flow revenues through various business operations including hotel management and real estate brokerage.
Average Trading Volume: 409,735
Technical Sentiment Signal: Buy
Current Market Cap: Yen297.4B
Learn more about 8876 stock on TipRanks’ Stock Analysis page.