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An update from Toenec Corporation ( (JP:1946) ) is now available.
Toenec Corporation has announced a change in its dividend policy, increasing the target consolidated dividend payout ratio from 30% to 40% to enhance shareholder returns. The company has revised its interim dividend to ¥28 per share and its year-end dividend forecast to ¥37 per share, projecting an annual dividend of ¥65 per share with a payout ratio of 40.2%, reflecting its commitment to align shareholder returns with business performance.
The most recent analyst rating on (JP:1946) stock is a Buy with a Yen1567.00 price target. To see the full list of analyst forecasts on Toenec Corporation stock, see the JP:1946 Stock Forecast page.
More about Toenec Corporation
Toenec Corporation operates in the construction and engineering industry, focusing on providing infrastructure and electrical services. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.
Average Trading Volume: 157,103
Technical Sentiment Signal: Buy
Current Market Cap: Yen140.9B
See more data about 1946 stock on TipRanks’ Stock Analysis page.