MTI Ltd. (JP:9438) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score a data driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
MTI Ltd. has announced a dividend increase for the fiscal year ended September 30, 2024, raising the year-end dividend per share from the forecasted 8 yen to 9 yen due to significant profit growth. This decision aligns with the company’s strategy to enhance shareholder value, resulting in an annual dividend of 17 yen per share. The move is part of MTI’s commitment to maintaining a shareholder return ratio of around 35%, achieving 39.7% this fiscal year.
For further insights into JP:9438 stock, check out TipRanks’ Stock Analysis page.