An update from Okabe Co., Ltd. ( (JP:5959) ) is now available.
Okabe Co., Ltd. has announced a year-end dividend of 20 yen per share for the fiscal year ending December 31, 2024, which includes a special dividend of 5 yen per share. Despite a lower-than-expected profit due to extraordinary losses, the company expects steady business growth and aims to improve capital efficiency and profitability, with plans to increase the annual dividend to 41 yen per share for the next fiscal year.
More about Okabe Co., Ltd.
Okabe Co., Ltd. operates in the manufacturing industry, focusing on producing construction materials and related products. The company is listed on the TSE Prime Market and is known for its commitment to enhancing shareholder value through strategic financial decisions.
YTD Price Performance: 6.40%
Average Trading Volume: 58,860
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: Yen35.96B
For an in-depth examination of 5959 stock, go to TipRanks’ Stock Analysis page.