Nitto Kohki Co., Ltd. Revises Dividend Guidance for the Year Ended March 31, 2024
May 09, 2024 at 01:00 am EDT
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Nitto Kohki Co., Ltd. revised dividend guidance for the year ended March 31, 2024. For the period, the company now expects a dividend of ¥15.00 per share against the previous guidance of ¥12.00 per share. Effective date: June 25, 2024. Based on this basic policy, as for the dividend for the fiscal year ended March 2024, the company has
decided to pay year-end dividends of ¥15, an increase of ¥3 from the previously announced dividend forecast. As a result, the Company has already paid ¥28 per share as an interim dividend, so the annual dividend per share will be ¥43.
NITTO KOHKI CO., LTD. is mainly engaged in the manufacture and sale of quick-connecting fuild couplings, machine tools and others. The Company operates in four business segments. The Quick-connecting Fluid Couplings segment is engaged in the manufacture and sale of quick-connecting fluid couplings. The Machine Tools segment is engaged in the manufacture and sale of machine tools. The Linear Motor Driven Pumps segment is engaged in the manufacture and sale of linear motor driven pumps. The Construction Machinery segment is engaged in the manufacture and sale of construction machinery.