Nichireki Co., Ltd. Resolves to Pay Interim Dividend for the Second Quarter of the Fiscal Year Ending March 31, 2024, Effective Date Is December 4, 2023
November 01, 2023 at 04:00 am EDT
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NICHIREKI CO., LTD. announced that at the Board of Directors meeting held on October 30, 2023, the Company resolved to pay a dividend from retained earnings (interim dividend) with the record date of September 30, 2023, as follows. Based on basic policy, the Company has decided to pay an interim dividend of 35 JPY per share for the second quarter of the fiscal year ending March 31, 2024 (an ordinary dividend of 25 JPY per share and a
commemorative dividend of 10 JPY per share for the 80th anniversary of the Company's founding), as per the latest dividend forecast. Effective date is December 4, 2023.
NICHIREKI CO., LTD. is a Japan-based company principally engaged in the provision of products, technology and construction services related to road pavement. The Company operates in two business segments. The Asphalt Application and Processed Products segment is engaged in the manufacture and sale of asphalt emulsions, modified asphalt and other road paving materials. The Road Pavement segment is engaged in the provision of road pavement, civil engineering, bridge waterproofing and other construction works. The Company is also engaged in the real estate leasing business and the insurance agency business.
Nichireki Co., Ltd. Resolves to Pay Interim Dividend for the Second Quarter of the Fiscal Year Ending March 31, 2024, Effective Date Is December 4, 2023