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Sumitomo Bakelite Announces Interim Dividend of 50 Yen Per Share

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Sumitomo Bakelite Announces Interim Dividend of 50 Yen Per Share

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Sumitomo Bakelite Co., Ltd. ( (JP:4203) ) has shared an update.

Sumitomo Bakelite Co., Ltd. has announced an interim dividend payment of 50 yen per share, maintaining its commitment to returning profits to shareholders while balancing future investments and corporate growth. This decision reflects the company’s strategy to provide stable returns and enhance shareholder value, with the total dividend amounting to 4,383 million yen, sourced from retained earnings.

The most recent analyst rating on (JP:4203) stock is a Hold with a Yen5496.00 price target. To see the full list of analyst forecasts on Sumitomo Bakelite Co., Ltd. stock, see the JP:4203 Stock Forecast page.

More about Sumitomo Bakelite Co., Ltd.

Sumitomo Bakelite Co., Ltd. operates in the chemical industry, specializing in the production of high-performance plastics and related materials. The company focuses on providing innovative solutions across various sectors, including electronics, automotive, and healthcare, aiming to enhance product performance and sustainability.

Average Trading Volume: 291,240

Technical Sentiment Signal: Buy

Current Market Cap: Yen445.2B

Find detailed analytics on 4203 stock on TipRanks’ Stock Analysis page.

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