Denyo Dishes Out Higher Final Dividend at 55 Yen Per Share For Fiscal Year Ended March

MT Newswires Live05-18 18:21

Denyo (TYO:6517) declared a year-end dividend of 55 yen per share for the fiscal year ended March 31, matching its forecast and higher than the 45 yen paid the prior year.

The outdoor power source machine maker's total dividend payment amounts to 1.15 billion yen, payable from retained earnings on June 5, according to a Tokyo bourse filing on Monday.

The company's basic policy targets an approximate total payout ratio of 40% while aiming to pay progressive dividends and flexibly purchase treasury stock.

For the fiscal year ending March 31, 2027, Denyo forecasts full-year dividends of 100 yen per share, consisting of an interim dividend of 45 yen and a year-end dividend of 55 yen.

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