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RIX Corporation Upgrades Forecast and Dividend on Strong Segment Performance

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An update from RIX Corporation ( (JP:7525) ) is now available.

RIX Corporation has revised its forecasted business results and dividends upwards due to strong performance in its Steel and Iron, Automobile, and Electronics and Semiconductor segments. The company anticipates significant improvements in net sales and profits, leading to an increase in the annual dividend payout, reflecting its commitment to a 40% consolidated dividend payout ratio in alignment with its business performance.

More about RIX Corporation

RIX Corporation operates in the Steel and Iron, Automobile, and Electronics and Semiconductor industries, focusing on providing products and services in these sectors.

YTD Price Performance: -4.32%

Average Trading Volume: 8,177

Technical Sentiment Consensus Rating: Hold

Current Market Cap: Yen23.53B

See more data about 7525 stock on TipRanks’ Stock Analysis page.

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