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Sanrio Company ( (JP:8136) ) has issued an update.
Sanrio Company announced a revision to its year-end dividend forecast, increasing it to 32 yen per share from the previously projected 20 yen, reflecting strong financial performance exceeding expectations over the past nine months. This adjustment aligns with its commitment to a dividend payout ratio of 30% or higher, and marks an increase in annual dividends to 52 yen per share, enhancing shareholder returns as part of its strategy to consistently improve business performance.
More about Sanrio Company
Sanrio Company, Ltd. operates in the entertainment and consumer goods industry, primarily known for its iconic character merchandise such as Hello Kitty. The company focuses on creating and distributing character-branded products and experiences, maintaining a significant market presence in character licensing and retail.
YTD Price Performance: 12.12%
Average Trading Volume: 917
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.93B
See more data about 8136 stock on TipRanks’ Stock Analysis page.
