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Star Mica Holdings Announces Increased Dividend Forecast Amid Strong Performance

Story Highlights
  • Star Mica Holdings revises its dividend forecast, increasing the annual dividend to 37.00 yen per share.
  • The company reallocates funds from a canceled treasury share acquisition to dividends, reflecting strong business performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Star Mica Holdings Announces Increased Dividend Forecast Amid Strong Performance

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The latest announcement is out from Star Mica Holdings Co., Ltd. ( (JP:2975) ).

Star Mica Holdings Co., Ltd. announced a revision to its dividend forecast, increasing the fiscal year-end dividend per share from 18.00 yen to 22.00 yen, resulting in an annual dividend increase from 33.00 yen to 37.00 yen. This decision reflects the company’s strong business performance, including record-high revenue and profit, and its commitment to shareholder returns, as it reallocates funds from a canceled treasury share acquisition to dividends.

The most recent analyst rating on (JP:2975) stock is a Hold with a Yen1230.00 price target. To see the full list of analyst forecasts on Star Mica Holdings Co., Ltd. stock, see the JP:2975 Stock Forecast page.

More about Star Mica Holdings Co., Ltd.

Star Mica Holdings Co., Ltd. operates in the real estate industry, focusing on investment and management of real estate properties. The company is listed on the Tokyo Stock Exchange Prime Market and is committed to maximizing corporate value through disciplined growth investment and shareholder returns.

Average Trading Volume: 251,685

Technical Sentiment Signal: Buy

Current Market Cap: Yen38.52B

See more data about 2975 stock on TipRanks’ Stock Analysis page.

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