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Ichikoh Industries,Ltd. ( (JP:7244) ) has provided an announcement.
Ichikoh Industries, Ltd. announced a dividend distribution for December 31, 2024, maintaining a dividend per share at 6.50 yen. The company plans to allocate significant investments towards growth and foundation reinforcement over the next four years, while ensuring financial stability. They aim to return 8 billion yen to shareholders and increase dividends, with a target of a 30% payout ratio or a 2.5% dividend on equity ratio. The planned increase in dividends reflects a commitment to meeting long-term investor expectations for stable returns.
More about Ichikoh Industries,Ltd.
Ichikoh Industries, Ltd. operates in the automotive industry, specializing in the production of automotive lighting and mirrors. The company focuses on enhancing safety and visibility for drivers, aiming to strengthen its market presence in the automotive sector.
YTD Price Performance: 3.48%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €243.5M
For detailed information about 7244 stock, go to TipRanks’ Stock Analysis page.
