MEIDENSHA reverses lower as interim dividend forecast of 83 yen draws limited market reaction
MEIDENSHA CORPORATION <6508> fell on Tuesday, reversing gains from the previous session, after announcing after the market close on Aug. 31 an interim dividend forecast of 83 yen for the fiscal year ending March 2027, up from 47 yen a year earlier. The announcement, which filled a previously undecided figure, failed to spur buying.
MEIDENSHA said its year-end dividend forecast (previously 110 yen) and full-year dividend forecast (157 yen in the prior fiscal year) remain undecided.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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