The latest update is out from Sumitomo Bakelite Co., Ltd. ( (JP:4203) ).
Sumitomo Bakelite Co., Ltd. has announced a revision to its year-end dividend forecast for the fiscal year ending March 31, 2025, in celebration of its 70th anniversary. The company plans to distribute a commemorative dividend of 5 yen per share, raising the total year-end dividend to 50 yen per share. This gesture reflects the company’s gratitude towards its shareholders and stakeholders, and it underscores its commitment to rewarding investor loyalty.
More about Sumitomo Bakelite Co., Ltd.
Sumitomo Bakelite Co., Ltd. operates in the chemical industry, primarily focusing on the production of high-performance plastics and other advanced materials. The company is listed on the Prime Market of the Tokyo Stock Exchange and has a significant presence in the global market.
YTD Price Performance: -7.76%
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €1.99B
For an in-depth examination of 4203 stock, go to TipRanks’ Stock Analysis page.