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WELLNEO SUGAR Co., Ltd. Increases Annual Dividend Amid Strong Financial Performance

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WELLNEO SUGAR Co., Ltd. Increases Annual Dividend Amid Strong Financial Performance

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WELLNEO SUGAR Co.Ltd. ( (JP:2117) ) has issued an update.

WELLNEO SUGAR Co., Ltd. announced an increase in its annual dividend to 102 yen per share, up from the previous forecast of 92 yen, due to better-than-expected financial performance. The decision reflects the company’s policy to prioritize shareholder returns, with a dividend payout ratio of 60% or a dividend on equity of 3%, whichever is higher, indicating a strong commitment to rewarding its shareholders.

More about WELLNEO SUGAR Co.Ltd.

WELLNEO SUGAR Co., Ltd. operates in the sugar industry, focusing on the production and distribution of sugar-related products. The company is listed on the TSE Prime Market and is committed to enhancing shareholder returns and growth investments.

Average Trading Volume: 35,324

Technical Sentiment Signal: Buy

Current Market Cap: Yen75.33B

See more data about 2117 stock on TipRanks’ Stock Analysis page.

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