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NEC Corporation Announces Increased Year-End Dividend and Share Split

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NEC ( (JP:6701) ) just unveiled an announcement.

NEC Corporation announced a decision by its Board of Directors to distribute dividends to shareholders, with a year-end dividend of 70 yen per share, totaling 18,683 million yen. This decision reflects an increase from the previous year’s dividend, highlighting NEC’s financial stability and commitment to rewarding its shareholders. The announcement also noted a share split effective April 1, 2025, which impacts the calculation of dividends for fiscal years 2024 and 2025. This move is likely to enhance NEC’s market position and shareholder value, while also adapting to market conditions and strategic growth plans.

More about NEC

NEC Corporation operates in the technology industry, focusing on providing IT and network solutions. The company is known for its innovative products and services, catering to a global market with a strong emphasis on technological advancements and strategic partnerships.

YTD Price Performance: 37.77%

Average Trading Volume: 5,414,626

Technical Sentiment Signal: Buy

Current Market Cap: Yen5111B

See more data about 6701 stock on TipRanks’ Stock Analysis page.

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