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Tokyo Electron Device Limited Increases Year-End Dividend Forecast

Story Highlights
  • Tokyo Electron Device Limited revises its year-end dividend forecast to 67 yen per share.
  • The revision aligns with the company’s strategy for a 40% payout ratio and future investments.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Tokyo Electron Device Limited ( (JP:2760) ) has provided an update.

Tokyo Electron Device Limited has announced an upward revision to its year-end dividend forecast, increasing it to 67 yen per share. This decision reflects the company’s commitment to maintaining a consolidated payout ratio of 40% while considering future capital investments and R&D needs, indicating a strong financial performance and strategic planning for growth.

More about Tokyo Electron Device Limited

Tokyo Electron Device Limited operates in the electronics industry, focusing on providing semiconductor products and IT solutions. The company is listed on the TSE Prime Market and is known for its innovative approach to technology and electronics.

YTD Price Performance: 2.95%

Average Trading Volume: 135,926

Technical Sentiment Signal: Hold

Current Market Cap: Yen94.77B

Learn more about 2760 stock on TipRanks’ Stock Analysis page.

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