TechnoPro Holdings, Inc. Announces Annual Dividend for the Fiscal Year Ended June 2023; Provides Annual Dividend Guidance for the Fiscal Year 2024
August 07, 2023 at 04:00 am EDT
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TechnoPro Holdings, Inc. announced annual dividend for the fiscal year ended June 2023. Despite the expected decrease in net profit, the company announced the annual dividend forecast of JPY 72, the same amount as the previous year. However, based on the advice from some shareholders regarding the importance of progressive dividend to maintain stable increases, the annual dividend is declared at JPY 75 per share plus JPY 3 from the previous year with an annual dividend payout ratio of 52.6%.
The company provided annual dividend guidance for the fiscal year 2024. For the new fiscal year as well, while keeping stock price in mind, the company forecasting an annual dividend of JPY 80 per share, an increase of JPY 5 with a dividend payout ratio of 51.4%.
TechnoPro Holdings Inc is a Japan-based company mainly engaged in dispatch and contract engineers in the fields of machinery, electrical/electronics, embedded control, software development and maintenance, biochemistry and construction management. It operates through four business segments. Research and Development (R&D) Outsourcing segment provides engineer dispatch and contract work in the technical fields of machinery, electric & electronics, embedded control, information technology networks, business applications, system maintenance and operation. Construction Management Outsourcing segment dispatches engineers for construction management in the areas of construction, civil engineering. It also provides contract work for creating architectural drawings. Overseas segment provides technology outsourcing and recruitment services in China, Singapore, India and the United Kingdom. Domestic and Other segment provides recruitment services and technical education and training services.
TECHNOPRO HOLDINGS, INC. 
