NIC Autotec, Inc. Announces Dividend for the Year Ended March 31, 2020, Payable on June 29, 2020; Provides Dividend Guidance for the Second Quarter of Fiscal Year 2021 and Full Year Ending March 2021
May 08, 2020 at 11:30 am IST
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NIC Autotec, Inc. announced year-end dividend of JPY 20 per share for the year ended March 31, 2020 compared to JPY 20 per share paid a year ago. Dividend payable date (as planned) is June 29, 2020.
The company provided dividend guidance for the second quarter of fiscal year 2021 and full year ending March 2021. The company expects second quarter end dividend of JPY 20 per share compared to JPY 19 per share paid a year ago.
The company expects year-end end dividend of JPY 21 per share for the year ending March 2021 compared to JPY 20 per share paid a year ago.
NIC Autotec, Inc. is a Japan-based company mainly engaged in the manufacture and sale of industrial machinery and parts. The Company operates in three business segments. The Alfa Frame segment is engaged in the development, design, manufacture and sale of aluminum construction frames and auxiliary parts for frames under the brand ALFA FRAME SYSTEM. The Device segment develops, designs, manufactures and sells devices constructed from Alfa Frames, such as cleaning machines, conveyors and packaging equipment, inspection equipment and clean booth products, as well as aluminum structures, including equipment structures and safe covers, among others. The Trading segment is engaged in the provision of industrial grindstones, machinery and equipment such as cutting processing machines, tools such as end mills, bolts and drills, as well as lubricants.
NIC Autotec, Inc. Announces Dividend for the Year Ended March 31, 2020, Payable on June 29, 2020; Provides Dividend Guidance for the Second Quarter of Fiscal Year 2021 and Full Year Ending March 2021