Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Sanwa Holdings ( (JP:5929) ) has provided an update.
Sanwa Holdings has announced a change in its dividend policy, aiming for a dividend on equity of approximately 8%, equating to a payout ratio of 45%, while maintaining a return on equity of 18% or more. The company also reported record-high sales and profits, with operating profit exceeding 80 billion yen, and announced new stock buybacks of 10 billion yen, indicating strong financial performance and commitment to shareholder returns.
The most recent analyst rating on (JP:5929) stock is a Hold with a Yen3200.00 price target. To see the full list of analyst forecasts on Sanwa Holdings stock, see the JP:5929 Stock Forecast page.
More about Sanwa Holdings
Average Trading Volume: 548,512
Technical Sentiment Signal: Buy
Current Market Cap: Yen1074.1B
See more insights into 5929 stock on TipRanks’ Stock Analysis page.