Nitta Corporation Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2024, Payable on December 5, 2023 and Dividend Guidance for the Year Ending March 31, 2024
November 02, 2023 at 02:00 am EDT
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Nitta Corporation announced dividend for the second quarter of fiscal year ending March 31, 2024 and dividend guidance for the year ending March 31, 2024. For the second quarter, the company announced dividend of JPY 55.00 per share against JPY 50.00 per share a year ago. Payable on December 5, 2023.
For the period, the company expects dividend guidance for the year ending March 31, 2024 of JPY 65 per share against JPY 60 per share a year ago.
Nitta Corporation is mainly engaged in the manufacture and sale of belt and rubber products, hose and tube products. The Company operates in six business segments. The Belt and Rubber Products segment is engaged in the manufacture and sale of belt products, transmission products, rubber products, communication equipment, electronic device, toothed belts, V-belt automatic tensioners, and pulleys and others. The Hose and Tube Products segment is engaged in the manufacture and sale of resin hoses and tubes, metal fittings and mechatronic products. The Other Industrial Products segment offers air conditioning products, sensors, temperature-sensitive adhesive tapes, medical rubber and plastic products, precision polishing pads and slurries, among others. The Real Estate segment conducts the leasing of real estate. The Business Instruction segment provides management guidance to affiliated companies.
Nitta Corporation Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2024, Payable on December 5, 2023 and Dividend Guidance for the Year Ending March 31, 2024
NITTA CORPORATION 
