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Sanrio Increases Dividend Forecast Amid Strong Earnings

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Sanrio Increases Dividend Forecast Amid Strong Earnings

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Sanrio Company ( (JP:8136) ) has provided an announcement.

Sanrio Company has announced a revision to its dividend forecasts, increasing the annual dividend per share from 54 yen to 60 yen. This decision reflects the company’s improved earnings forecasts, with expected net profits of 24.7 billion yen for the first half and 47.5 billion yen for the full year, demonstrating a commitment to returning profits to shareholders.

The most recent analyst rating on (JP:8136) stock is a Buy with a Yen4500.00 price target. To see the full list of analyst forecasts on Sanrio Company stock, see the JP:8136 Stock Forecast page.

More about Sanrio Company

Sanrio Company, Ltd. operates in the entertainment and merchandising industry, primarily known for its creation and licensing of popular characters such as Hello Kitty. The company focuses on character-based products and services, leveraging its intellectual property to engage with a global market.

Average Trading Volume: 17,229,367

Technical Sentiment Signal: Buy

Current Market Cap: Yen1492.5B

For a thorough assessment of 8136 stock, go to TipRanks’ Stock Analysis page.

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