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GMO Financial Holdings rises on increased dividend forecast
GMO Financial Holdings, Inc. <7177> rebounded, updating its year-to-date high. After the close of trading on the 22nd, the company announced an upward revision to its dividend forecast for the fiscal year ending December 2026, raising it from 42.08 yen to 54.76 yen (compared to 57.58 yen in the previous fiscal year). The revision reflects recent business performance trends and was well received by the market.
Concurrently, GMO Financial disclosed preliminary results for its first quarter (January to March) consolidated financial results. Net profit reached 4.25 billion yen (compared to 2.5 billion yen in the same period last year), marking a substantial increase. CFD operations, which saw a significant rise in trading volume driven by stock index movements, led overall earnings. The buoyant commodity markets, including gold and crude oil, also provided tailwinds. The official earnings announcement is scheduled for the 30th.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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