NIC Autotec, Inc. Provides Dividend Guidance for the Second Quarter and Year Ending March 31, 2024
May 12, 2023 at 11:30 am IST
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NIC Autotec, Inc. provided dividend guidance for the second quarter and year ending March 31, 2024. For the second quarter, the company expects dividend to be JPY 20.00 per share compared to JPY 20.00 per share a year ago.
For the year ending March 31, 2024, the company expects dividend to be JPY 21.00 per share compared to JPY 21.00 per share 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.