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THK Co. Announces Increased Year-End Dividend for 2024

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THK Co. Announces Increased Year-End Dividend for 2024

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THK Co ( (JP:6481) ) just unveiled an update.

THK Co., Ltd. announced a significant increase in its year-end dividend per share to ¥128.50 for the fiscal year ending December 31, 2024, resulting in a total annual dividend of ¥146.50 per share. This move reflects the company’s commitment to achieving an ROE of over 10% as part of its revised five-year management targets, demonstrating strong financial performance and benefiting its shareholders.

More about THK Co

THK Co., Ltd. operates in the industrial sector, focusing on manufacturing and distributing linear motion systems and components. The company serves a global market with its innovative solutions, enhancing efficiency and precision in various industrial applications.

YTD Price Performance: 6.78%

Average Trading Volume: 43,800

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $3.01B

For an in-depth examination of 6481 stock, go to TipRanks’ Stock Analysis page.

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