Nitto Kogyo Corporation Declares Dividend for the Full Year Ended March 31, 2020, Payable on June 29, 2020; Provides Dividend Guidance for the Second Quarter and Full Year for the Fiscal Year Ending March 31, 2021
May 15, 2020 at 03:00 am EDT
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Nitto Kogyo Corporation declared dividend of ¥35.00 per share for the full year ended March 31, 2020 against ¥20.00 per share for the same period a year ago, payable on June 29, 2020.
The company expects to pay a second quarter dividend of ¥20.00 per share for the year ending March 31, 2021 against ¥25.00 per share for the same period a year ago.
The company expects to pay a year-end dividend of ¥20.00 per share for the year ending March 31, 2021 against ¥35.00 per share for the same period a year ago. Thus the annual dividend would amount to ¥40.00 per share for the year ending March 31, 2021 against ¥60.00 per share for the same period 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 Declares Dividend for the Full Year Ended March 31, 2020, Payable on June 29, 2020; Provides Dividend Guidance for the Second Quarter and Full Year for the Fiscal Year Ending March 31, 2021
NITTO KOGYO CORPORATION 
