Nippon Denko Co., Ltd. Announces Dividend for the Second Quarter Ended June 30, 2023, Schedule Date to Commence Dividend Payments from September 8, 2023 and Provided Dividend Guidance for the Year Ending December 31, 2023
August 09, 2023 at 03:10 am EDT
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Nippon Denko Co., Ltd. announced dividend for the second quarter ended June 30, 2023 of ¥3.00 per share against ¥8.00 per share a year ago. The schedule date to commence dividend payments from September 8, 2023.
The company expects to pay dividend for the year ending December 31, 2023 of ¥4.00 per share against ¥9.00 per share a year ago.
Nippon Denko Co., Ltd. is mainly engaged in the manufacture of ferro-alloy products, functional materials and environmental systems. The Company operates in four segments. The Ferro-alloy segment manufactures and sells ferromanganese, silicon manganese, ferrochromium, ferrosilicon, ferrovanadium and other special metal products, as well as the sale of manganese ore. The Functional Materials segment offers ferro-boron, chromium metals, zirconium oxide and lithium-ion secondary battery materials, among others. The Environmental System segment is involved in the collection of chromium acid, boric acid, nickel and others, and the water supply business. The Others segment is involved in the sale of industrial chemicals, metal products and precious metal compounds, the manufacture and sale of analyzers and aluminum electrode foils for the steel industry, and electrode foils, the processing and sale of plastic, and the recycling and sale of concrete wastes.
Nippon Denko Co., Ltd. Announces Dividend for the Second Quarter Ended June 30, 2023, Schedule Date to Commence Dividend Payments from September 8, 2023 and Provided Dividend Guidance for the Year Ending December 31, 2023