Sanwa Holdings Increases Year-End Dividend Amid Strong Performance

The latest announcement is out from Sanwa Holdings ( (JP:5929) ).

Sanwa Holdings Corporation announced a revision of its year-end dividend per share to 59.0 yen, an increase from the previously forecasted 47.0 yen. This decision reflects the company’s strategy to provide an appropriate return to shareholders, considering the fiscal year’s operating results and future business performance, with a target payout ratio of 40% of consolidated net profit.

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

Sanwa Holdings Corporation operates in the manufacturing industry, focusing on products such as building materials and equipment. The company is listed on the Prime Section of the Tokyo Stock Exchange and aims to provide continuous dividends to shareholders, reflecting its commitment to shareholder returns and business performance.

Average Trading Volume: 548,512

Technical Sentiment Signal: Buy

Current Market Cap: Yen1074.1B

Find detailed analytics on 5929 stock on TipRanks’ Stock Analysis page.