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Okamura Foods Announces Interim Dividend Increase

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Okamura Foods Announces Interim Dividend Increase

Okamura Foods Co. Ltd. ( (JP:2938) ) has provided an announcement.

Okamura Foods Co., Ltd. announced a resolution to distribute interim dividends from surplus with a record date of December 31, 2024. The dividend per share is set at 19.00 yen, marking an increase from the previous period’s 17.00 yen. The decision aligns with the company’s policy to maintain a dividend on equity ratio of 2% or more. The effective date for these dividends is March 12, 2025. This move signifies a positive impact on shareholder returns, reflecting confidence in the company’s financial health and its commitment to rewarding shareholders.

More about Okamura Foods Co. Ltd.

Okamura Foods Co., Ltd. operates in the food industry, primarily focusing on providing various food products. The company is listed on the Standard Market of The Tokyo Stock Exchange.

YTD Price Performance: -6.06%

Average Trading Volume: 32,384

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen34.08B

See more insights into 2938 stock on TipRanks’ Stock Analysis page.

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