Nitto Kogyo Corporation Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2021, Payable on December 8, 2020; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2021
November 09, 2020 at 01:40 am EST
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Nitto Kogyo Corporation announced dividend for the second quarter of fiscal year ending March 31, 2021. For the quarter, the company declared dividend of JPY 20.00 per share compared to JPY 25.00 per share a year ago. The dividend is payable on December 8, 2020.
The company provided dividend guidance for the fiscal year ending March 31, 2021. For the year, the company expects to pay a dividend of JPY 26.00 per share compared to JPY 35.00 per share a year ago.
NITTO KOGYO CORPORATION is a Japan-based company mainly engaged in the manufacture and sale of switchboard-related products, as well as the purchase and sale of information and communication equipment. The Company operates in three business segments. The Switchboard-related segment manufactures and sells switchboards, cabinets, breakers, switches and parts, among others. The Information and Communication related Distribution segment purchases and sells information communication equipment and other materials. The Works and Services segment is engaged in the construction of electrical equipment and network systems, and the provision of maintenance service.
Nitto Kogyo Corporation Announces Dividend for the Second Quarter of Fiscal Year Ending March 31, 2021, Payable on December 8, 2020; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2021