Kondotec Inc. Announces Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 26, 2023; Provides Dividend Guidance for the Fiscal First Half of 2024 and Full Year Ending March 31, 2024
May 12, 2023 at 01:00 am EDT
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Kondotec Inc. announced dividend of JPY 17.00 per share for the fiscal year ended March 31, 2023 against JPY 16.00 per share paid a year ago. Dividend payable date (as planned) is June 26, 2023.
The company provided dividend guidance for the fiscal first half of 2024 and full year ending March 31, 2024. For the first half, the company expects to pay dividend of JPY 20.00 per share against JPY 17.00 per share paid a year ago.
For the year, the company expects to pay dividend of JPY 20.00 per share against JPY 17.00 per share paid a year ago.
KONDOTEC INC. is a Japan-based company mainly engaged in the manufacture, purchase and sale of construction materials. The Company has three business segments. The Industrial Materials segment is engaged in the manufacture, purchase and sale of civil engineering and construction materials such as roof drains, floor hatches, suspension rings, brackets, balcony hardware, screws, turnbuckles and joint hardware, and construction equipment such as welding machines, drilling machines and concrete cutters, as well as the provision of rental services. The Steel Structure Materials segment is engaged in the manufacture, purchase and sale of construction related materials such as brace sheets for steel structure processors. The Electrical Facility Materials segment is engaged in the purchase and sale of electrical equipment such as photovoltaic battery modules, air conditioners and lighting equipment for electrical contractors and consumer electronics retailers.
Kondotec Inc. Announces Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 26, 2023; Provides Dividend Guidance for the Fiscal First Half of 2024 and Full Year Ending March 31, 2024