Take and Give Needs Revises Year-End Dividend Forecast; Adopts Dividend-On-Equity Policy

MT Newswires Live07:37

Take and Give Needs (TYO:4331) has revised its year-end dividend forecast for the fiscal year ending March 31, following the introduction of a new dividend policy based on the dividend-on-equity (DOE) ratio, according to a Wednesday filing on the Tokyo Stock Exchange.

The company now forecasts a year-end dividend of 30 yen per share, up from the previous plan of 10 yen. The total dividend for the fiscal year is expected to be 40 yen, reflecting a 20 yen increase from prior expectations.

Additionally, the company will adopt a DOE policy, aiming to pay dividends that are at least 3% of consolidated shareholders' equity.

Price (JPY): $961.00, Change: $+23, Percent Change: +2.45%

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