Yokogawa Electric Corporation Announces Year End Dividend for the Year Ended March 31, 2023, Payable on June 28, 2023; Provides Dividend Guidance for the Second Quarter Ending September 30, 2023 and Year Ending March 31, 2024
May 09, 2023 at 07:30 am
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Yokogawa Electric Corporation announced year-end dividend of JPY 17.00 per share for the year ended March 31, 2023. Planned dividend payment starting date is June 28, 2023.
The company provided dividend guidance for the second quarter ending September 30, 2023 and year ending March 31, 2024. The company expects to pay dividend of JPY 17.00 per share for the second quarter ending September 30, 2023 compared to JPY 17.00 per share paid a year ago.
The company expects to pay year end dividend of JPY 17.00 per share compared to JPY 17.00 per share paid a year ago.
Yokogawa Electric Corporation specializes in design, manufacturing and marketing of electronic equipments. Net sales break down by family of products as follows:
- automation and control equipments (90.4%): industrial control systems, production control systems, flow meters, industrial recorders, etc.;
- measuring and test equipments (6.9%): semiconductor tests equipments, analyzers, digital counters, electricity, temperature and pressure measuring instruments, scanners, oscilloscopes, tachymeter, altitude indicators, integrated display systems, etc.;
- other (1.7%): marine equipments, meteorological and hydrological measuring instruments, etc.
Net sales break down geographically as follows: Japan (32.2%), China (14%), India (3.6%), Asia and the Far East (15.7%), Middle East and Africa (11.2%), North America (8.9%), Europe (8%), Russia (3.8%) and Latin America (2.6%).
Yokogawa Electric Corporation Announces Year End Dividend for the Year Ended March 31, 2023, Payable on June 28, 2023; Provides Dividend Guidance for the Second Quarter Ending September 30, 2023 and Year Ending March 31, 2024