SMC Corporation Announces Dividend for the Second Quarter Ended September 30, 2023, Payable on December 1, 2023; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024
November 14, 2023 at 01:00 am EST
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SMC Corporation announced dividend for the second quarter ended September 30, 2023 of JPY 450.00 per share compared to JPY 450.00 per share paid a year ago. Projected starting date of dividend payment is December 1, 2023.
For the full year of fiscal year ending March 31, 2024, the company expects to pay dividend of JPY 450.00 per share.
SMC Corporation is specialized in the manufacturing and marketing of automatic control equipment. With 12,000 basic products and more than 700,000 variations available, the group offers solutions ranging from air preparation, to measurement, to valves and cylinders covering almost the entire automation process: actuators, sensors, detectors, controllers, filters, fittings and tubing, etc.
At the end of March 2021, SMC Corporation has 38 production sites worldwide.
Net sales are distributed geographically as follows: Japan (27.5%), Asia (40.7%), Europe (16.5%), North America (13.5%) and other (1.8%).
SMC Corporation Announces Dividend for the Second Quarter Ended September 30, 2023, Payable on December 1, 2023; Provides Dividend Guidance for the Fiscal Year Ending March 31, 2024