Nittetsu Mining Co., Ltd. Announces Year-End Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 28, 2024; Provides Second Quarter-End and Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2025
May 13, 2024 at 10:00 am IST
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Nittetsu Mining Co., Ltd. announced year-end dividend of JPY 85.00 per share for the fiscal year ended March 31, 2024 against JPY 110.00 per share paid for the same period a year ago. Scheduled date to commence dividend payments: June 28, 2024.
The company provided second quarter-end and year-end dividend guidance for the fiscal year ending March 31, 2025. For the second quarter-end, the company expects to pay dividend of JPY 80.00 per share against JPY 84.00 per share paid for the same period a year ago.
For the full year, the company expects to pay year-end dividend of JPY 81.00 per share against JPY 85.00 per share for the same period a year ago.
Nittetsu Mining Co., Ltd. is a Japan-based company principally engaged in resource business, machinery & environment business, real estate business and renewable energy business. The Company operates in five business segments. Ore segment mainly sells limestone, crushed stones, processed products and other related products produced from limestone mines owned by the Company. Metal segment is involved in the smelting and sale of copper bullion and the sale of copper concentrate. Machinery & Environment segment is involved in the sale of water treatment agents and the manufacture and sale of environmentally-friendly products such as dust collectors. Real Estate segment is involved in the rental of office buildings, condominiums, stores, factories and warehouses, as well as the sale of real estate. Renewable Energy segment develops environment-friendly energy through the geothermal sector, solar power generation and hydroelectric power generation.
Nittetsu Mining Co., Ltd. Announces Year-End Dividend for the Fiscal Year Ended March 31, 2024, Payable on June 28, 2024; Provides Second Quarter-End and Year-End Dividend Guidance for the Fiscal Year Ending March 31, 2025