Iida Group Holdings Co., Ltd. Announces Revision of Dividend Forecast for the Interim Dividend Payment for March 2021
September 23, 2020 at 04:10 am EDT
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Iida Group Holdings Co., Ltd. announced that the company has revised their forecast for the interim dividend payment for March 2021. With regard to the interim dividend payment for March 2021, they have revised their forecast to ¥31 per share based on the on-going business performance, accountability to their shareholders, and the mentioned dividend payment policy, while the business forecast for March 2021 is uncertain against previous dividend forecast of ¥16.00 per share.
Iida Group Holdings Co., Ltd. is a holding company, which is principally engaged in the operation of real estate business. Through the subsidiaries, the Company is engaged in the detached house sale business, including the purchase of commercial lands, reclamation, planning, design, construction and sale, the provision of after-sale services, and land subdivision operation; the condominium sale business, including the operative construction and distribution of condominiums, and the contracted works, including the undertaken of real estate construction works. The Company is also involved in various other real estate-related activities, such as renovation works, real estate brokerage services, hot spring and golf course operations, arrangement and lending of mortgage loans, and the provision of Internet-related consulting services, among others. On May 22, 2014, it acquired 94.54% interests in a Japan-based company.