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Niitaka announces dividend increase, plans 84 yen per share for fiscal year ending May 2027, up 7 yen from the previous period, yielding 3.93%
Niitaka has announced a dividend increase, forecasting 84 yen per share for the fiscal year ending May 2027, up 7 yen from the previous period. This raises the dividend yield from 3.56% to 3.93%, with the annual dividend amount rising 9.0% from the previous period's 77 yen. The company maintains a basic policy of a dividend on equity ratio of 3% or higher, and this increase is in line with that. Following the announcement, the stock price rose to 2,195 yen at one point in after-hours trading.