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Sanyo Denki Increases Dividend Forecast Amid Strong Performance

Story Highlights

Sanyo Denki Co., Ltd. ( (JP:6516) ) just unveiled an update.

Sanyo Denki has announced a revision in its dividend forecast for the fiscal year ending March 2025, increasing the dividend per share from the previously forecasted ¥75 to ¥90. This decision reflects the company’s strong performance and commitment to maintaining a robust corporate structure, ensuring competitiveness in the industry.

More about Sanyo Denki Co., Ltd.

Sanyo Denki Co., Ltd. operates in the electronics industry, focusing on the production of cooling systems, power systems, and servo systems. The company is listed on the Tokyo Stock Exchange and aims to strengthen its competitive position in the market.

YTD Price Performance: -1.09%

Average Trading Volume: 33,853

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen103.5B

See more data about 6516 stock on TipRanks’ Stock Analysis page.

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