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Nippon Denko Revises Dividend Forecast to Enhance Shareholder Returns

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Nippon Denko Revises Dividend Forecast to Enhance Shareholder Returns

Nippon Denko Co., Ltd. ( (JP:5563) ) just unveiled an announcement.

Nippon Denko Co., Ltd. announced a revision in its dividend forecasts, aligning with its strategy to enhance shareholder value as part of its Medium/Long-term Business Plan for 2024-2030. The revised year-end dividend forecast for the fiscal year ended December 31, 2024, is now set at 7 yen per share, with the annual dividend forecast adjusted to 11 yen per share, reflecting the company’s commitment to returning profits to shareholders.

More about Nippon Denko Co., Ltd.

Nippon Denko Co., Ltd. operates in the industrial sector, focusing on the production and distribution of various chemical and metal products. The company is listed on the TSE Prime Market under the securities code 5563.

YTD Price Performance: 4.76%

Average Trading Volume: 7

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €249M

For a thorough assessment of 5563 stock, go to TipRanks’ Stock Analysis page.

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