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TOMOE ENGINEERING CO LTD (TOMOE KOGYO CO LTD) ( (JP:6309) ) has issued an announcement.
TOMOE ENGINEERING CO., LTD. has announced a dividend increase, raising the year-end dividend per share from 26 yen to 36 yen, reflecting a commitment to returning profits to shareholders. This decision aligns with the company’s new medium-term business plan, which aims to maintain a stable financial position while ensuring a minimum Dividend on Equity of 5% and a target payout ratio of 50% or more, indicating a strong focus on shareholder value and financial stability.
More about TOMOE ENGINEERING CO LTD (TOMOE KOGYO CO LTD)
TOMOE ENGINEERING CO., LTD. operates in the engineering sector, focusing on providing innovative solutions and services. The company is known for its commitment to maintaining a stable financial outlook and ensuring shareholder returns through strategic dividend policies.
Average Trading Volume: 162,688
Technical Sentiment Signal: Buy
Current Market Cap: Yen50.44B
For detailed information about 6309 stock, go to TipRanks’ Stock Analysis page.