Okura Industrial Co., Ltd. Announces Year End Dividend for the Year Ended December 31, 2023, Payable on March 25, 2024 and Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending December 31, 2024
February 13, 2024 at 01:00 am EST
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Okura Industrial Co., Ltd. announced year-end dividend of JPY 110.00 per share for the year ended December 31, 2023 compared to JPY 85.00 per share paid a year ago. Scheduled date of commencing dividend payments: March 25, 2024.
The company provided dividend guidance for the second quarter of fiscal year ending December 31, 2024. The company expects to pay dividend of JPY 55.00 per share for the second quarter of fiscal year ending December 31, 2024.
Okura Industrial Co., Ltd. is a Japan-based company mainly engaged in the processing, manufacture and sale of polyethylene, polypropylene and optical functional film products, processed plywood, particle boards and processed boards, among others. The Company operates through three business segments. The Synthetic Resin segment is engaged in the processing and sale of synthetic resin products such as polyethylene films and polypropylene films. The New Materials segment provides optical films, urethane films, seamless belts, adhesives composite materials. The Building Materials segment provides decorative panels, particleboards and other housing materials. The Company is also engaged in the hotel business, wood processing business, residential land creation and building construction business, information processing system development business, property insurance agency business, cable TV broadcasting business and real estate rental business.
Okura Industrial Co., Ltd. Announces Year End Dividend for the Year Ended December 31, 2023, Payable on March 25, 2024 and Provides Dividend Guidance for the Second Quarter of Fiscal Year Ending December 31, 2024