NICHIDEN Corporation Provides Dividend Guidance for the Year Ending March 31, 2024; Declares Dividend for the Year Ended March 31, 2023, Payable on June 26, 2023
May 08, 2023
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NICHIDEN Corporation provided dividend guidance for the year ending March 31, 2024. For the year, the company expects to pay dividend of ¥65.00 per share against ¥65.00 paid last year.
The company declared dividend of ¥65.00 per share for the year ended March 31, 2023. Scheduled date to commence dividend payments on June 26, 2023.
NICHIDEN Corporation is a Japan-based company engaged in the sale of power transmission systems, industrial machinery and control equipment. The Company is engaged in the sale of industrial equipment such as woodworking machinery and power transmission equipment, the manufacture and sale of automatic equipment and sterilization deodorization equipment, the design and manufacture of hydraulic systems, as well as the operation of portal site. The Company's power transmission equipment products include speed reducers, gearshifts, chain and belt drives, sprockets, couplings, bearings, bearing units, metallic materials and others. The industrial machinery products include conveyors, transportation equipment, lifting equipment, storage related equipment, delivery systems, packaging system devices, motors and pumps. The control equipment products include pneumatic equipment, oil hydraulic equipment, vacuum equipment, hoses, tubes, couplings, indicators, actuators and sensors, among others.
NICHIDEN Corporation Provides Dividend Guidance for the Year Ending March 31, 2024; Declares Dividend for the Year Ended March 31, 2023, Payable on June 26, 2023