Nichiden Corporation Announces Dividend for the Year Ended March 31, 2024, Payable on June 24, 2024; Provided Dividend Guidance for the Second Quarter of Fiscal Year Ending March 31, 2025
May 09, 2024 at 05:15 am EDT
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NICHIDEN Corporation announced dividend of JPY 65.00 per share for the year ended March 31, 2024 against JPY 65.00 per share paid a year ago. Scheduled date to commence dividend payments is June 24, 2024.
The company provided dividend guidance for the second quarter of fiscal year ending March 31, 2025. For the period, the company expects to pay dividend of ¥30.00 per share against ¥00.00 per share paid last year.
NICHIDEN Corporation is a Japan-based company engaged in the sale of power transmission systems, industrial machinery and control equipment. The Company is engaged in the sale of industrial equipment such as woodworking machinery and power transmission equipment, the manufacture and sale of automatic equipment and sterilization deodorization equipment, the design and manufacture of hydraulic systems, as well as the operation of portal site. The Company's power transmission equipment products include speed reducers, gearshifts, chain and belt drives, sprockets, couplings, bearings, bearing units, metallic materials and others. The industrial machinery products include conveyors, transportation equipment, lifting equipment, storage related equipment, delivery systems, packaging system devices, motors and pumps. The control equipment products include pneumatic equipment, oil hydraulic equipment, vacuum equipment, hoses, tubes, couplings, indicators, actuators and sensors, among others.
Nichiden Corporation Announces Dividend for the Year Ended March 31, 2024, Payable on June 24, 2024; Provided Dividend Guidance for the Second Quarter of Fiscal Year Ending March 31, 2025
NICHIDEN CORPORATION 
