Nippon Electric Glass Co., Ltd. Announces Dividend for the Second Quarter Ended June 30, 2023, Payable on August 31, 2023 and Provides Year End Dividend Guidance for the Year Ending December 31, 2023
July 30, 2023
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Nippon Electric Glass Co., Ltd. announced dividend of JPY 60.00 per share for the second quarter ended June 30, 2023 compared to JPY 60.00 per share paid a year ago. Scheduled date to commence dividend payments: August 31, 2023.
The company expects to pay year end dividend of JPY 60.00 per share for the year ending December 31, 2023 compared to JPY 60.00 per share paid a year ago.
Nippon Electric Glass Co., Ltd. specializes in developing, manufacturing and marketing specialty glasses. Net sales break down by family of products as follows:
- glasses for electronic components (52.9%): LCD screen glasses, plasma screens, cathode ray tubes, optic products, etc.;
- performance glasses (47.1%): mainly glasses fibers, heat-resistant glasses, glass tubes for lighting, glass tubes for pharmaceutical and medical uses, glass films and glasses for building materials.
At the end of 2021, the group had 16 production sites worldwide.
Net sales break down geographically as follows: Japan (14.6%), China (29.7%), South Korea (16.6%), Europe (14.7%), the United States (13%) and other (11.4%).
Nippon Electric Glass Co., Ltd. Announces Dividend for the Second Quarter Ended June 30, 2023, Payable on August 31, 2023 and Provides Year End Dividend Guidance for the Year Ending December 31, 2023