Gunma Bank ( (JP:8334) ) has provided an update.
The Gunma Bank has announced changes to its shareholder return policy, introducing a progressive dividend system aimed at maintaining or increasing dividends. The bank plans to achieve a payout ratio of 40% of profit attributable to owners and will increase dividends through profit growth, with flexible implementation of treasury share acquisitions. Additionally, the bank has revised its year-end dividend forecast, increasing the annual dividend per share to 45.00 yen, up by 23.00 yen from the previous fiscal year. This move is intended to strengthen the bank’s financial structure and meet stakeholder expectations.
More about Gunma Bank
The Gunma Bank, Ltd. is a regional financial institution operating in the banking industry. It focuses on increasing shareholder returns while balancing profitability and investment for growth. The bank is listed on the Tokyo Stock Exchange Prime Market.
YTD Price Performance: 9.69%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.96B
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