tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sanyo Electric Railway Announces Increased Dividends Reflecting Strong Performance

Story Highlights
Sanyo Electric Railway Announces Increased Dividends Reflecting Strong Performance

TipRanks Black Friday Sale

The latest update is out from Sanyo Electric Railway Co., Ltd. ( (JP:9052) ).

Sanyo Electric Railway Co., Ltd. announced an increase in its interim and year-end dividend forecasts, raising the interim dividend from 20 yen to 25 yen per share and the year-end dividend to 25 yen per share, resulting in an annual dividend of 50 yen per share. This decision reflects the company’s policy of returning profits to shareholders while considering financial stability, profit levels, and investor expectations, indicating positive performance trends and a strong financial position.

The most recent analyst rating on (JP:9052) stock is a Hold with a Yen2209.00 price target. To see the full list of analyst forecasts on Sanyo Electric Railway Co., Ltd. stock, see the JP:9052 Stock Forecast page.

More about Sanyo Electric Railway Co., Ltd.

Sanyo Electric Railway Co., Ltd. operates in the transportation industry, primarily focusing on railway services. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its commitment to providing stable dividends to its shareholders.

Average Trading Volume: 44,863

Technical Sentiment Signal: Sell

Current Market Cap: Yen44.53B

For a thorough assessment of 9052 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1