NIC Autotec, Inc. Provides Dividend Guidance for the Second Quarter and Full Year of Fiscal Year Ending March 31, 2021
August 07, 2020 at 02:00 am EDT
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NIC Autotec, Inc. provided dividend guidance for the second quarter and full year of fiscal year ending March 31, 2021. For the second quarter, the company expects to pay dividend of JPY 20.00 per share against JPY 19.00 per share paid for the same period a year ago.
For the full year, the company expects to pay year-end dividend of JPY 21.00 per share against JPY 20.00 per share paid for the same period a year ago.
NIC Autotec, Inc. is a Japan-based company mainly engaged in the manufacture and sale of industrial machinery and parts. The Company operates in three business segments. The Alfa Frame segment is engaged in the development, design, manufacture and sale of aluminum construction frames and auxiliary parts for frames under the brand ALFA FRAME SYSTEM. The Device segment develops, designs, manufactures and sells devices constructed from Alfa Frames, such as cleaning machines, conveyors and packaging equipment, inspection equipment and clean booth products, as well as aluminum structures, including equipment structures and safe covers, among others. The Trading segment is engaged in the provision of industrial grindstones, machinery and equipment such as cutting processing machines, tools such as end mills, bolts and drills, as well as lubricants.