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Sumida Corporation ( (JP:6817) ) has shared an update.
Sumida Corporation announced a change in its dividend policy, setting a specific target for Dividend on Equity (DOE) at 3% to enhance shareholder returns and ensure dividend stability and predictability. This strategic adjustment, effective from the fiscal year ending December 2025, reflects the company’s commitment to sustainable profit growth and a management approach attuned to capital costs and stock prices.
More about Sumida Corporation
Sumida Corporation operates in the electronics industry, specializing in the production of coils and related components for various applications, with a focus on delivering high-quality products to meet the growing demands of the market.
YTD Price Performance: 3.61%
Average Trading Volume: 279,633
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen30.19B
For an in-depth examination of 6817 stock, go to TipRanks’ Stock Analysis page.