tiprankstipranks
Trending News
More News >

Unipres Corporation Announces Dividend Increase and Reserve Reversal

Story Highlights

Confident Investing Starts Here:

Unipres ( (JP:5949) ) has provided an announcement.

Unipres Corporation announced a decision to pay dividends of surplus and reverse its general reserve, as resolved in its Board of Directors’ meeting. The dividend per share is set at 30 yen, marking an increase from the previous fiscal year, with a total dividend amounting to 1,329 million yen. The reversal of the general reserve, amounting to 19,250 million yen, aims to allow the company to implement a flexible capital policy, including shareholder returns, without impacting its net assets or income.

The most recent analyst rating on (JP:5949) stock is a Sell with a Yen1100.00 price target. To see the full list of analyst forecasts on Unipres stock, see the JP:5949 Stock Forecast page.

More about Unipres

Unipres Corporation operates in the automotive industry, focusing on the production of automotive components. The company is listed on the Tokyo Stock Exchange and is known for its commitment to innovation and quality in manufacturing.

Average Trading Volume: 215,516

Current Market Cap: Yen41.56B

For detailed information about 5949 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App