NOF Corporation Announces Dividend for the Year Ended March 31, 2023, Payable on June 28, 2023; Provides Dividend Guidance for the Second Quarter Ending September 30, 2023
May 23, 2023 at 01:00 am EDT
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NOF Corporation announced a dividend of ¥58.00 per share for the year ended March 31, 2023, against ¥47.00 per share paid a year ago. The dividend payable is on June 28, 2023.
For the second quarter ending September 30, 2023, the company expects a dividend of ¥54.00 per share against ¥50.00 per share for the period a year ago.
NOF CORPORATION is mainly engaged in the functional chemical products business, life science business and others. The Company operates in three segments. The Functional Chemical segment is engaged in the manufacture and sale of fatty acids, fatty acid derivatives, surfactants, ethylene oxide and propylene oxide derivatives, organic peroxides, petroleum chemicals, functional polymers, functional films, electronic materials and special rust prevention agents, as well as the rust prevention processing. The Life Science segment is engaged in the manufacture and sale of drug formulation materials for drug delivery systems (DDSs), edible oils and fats and health food products, among others. The Chemical segment is engaged in the manufacture and sale of industrial explosives, defense-related items, space-related products. The Company also operates in transportation business and real estate business.
NOF Corporation Announces Dividend for the Year Ended March 31, 2023, Payable on June 28, 2023; Provides Dividend Guidance for the Second Quarter Ending September 30, 2023