Tobu Railway Co., Ltd. Announces Year-End Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 24, 2024; Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending March 31, 2025
April 30, 2024 at 02:00 am EDT
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Tobu Railway Co., Ltd. announced year-end dividend of JPY 30.00 per share for the fiscal year ended March 31, 2024 compared to JPY 15.00 per share paid a year ago. Scheduled date of commencing dividend payments: 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 second quarter-end ordinary dividend of JPY 25.00 per share against JPY 20.00 per share paid a year ago.
Tobu Railway Co., Ltd. specializes in railway transportation services. The group is also developing retail, leisure centers operating and real estate promotion activities. Net sales break down by activity as follows:
- retail distribution (38.8%);
- railway transportation services (28.5%): detention, at the end of March 2021, of a network of 463.3 km of railway lines. Tobu Railway Co is also providing transportation by bus and taxi services;
- development and promotion of real estate assets (9.7%);
- leisure centers and hotels operating (7%);
- other (16%).
Tobu Railway Co., Ltd. Announces Year-End Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 24, 2024; Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending March 31, 2025
TOBU RAILWAY CO., LTD. 
