Sakai Heavy Industries, Ltd. Provides Dividend Guidance for the Second Quarter Ending September 30, 2023 and Year-End Dividend Guidance for the Year Ending March 31, 2024
August 18, 2023 at 07:00 am IST
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Sakai Heavy Industries, Ltd. provided dividend guidance for the second quarter ending September 30, 2023 and year-end dividend guidance for the year ending March 31, 2024. The company expects to pay dividend of JPY 90.00 per share for the second quarter ending September 30, 2023 against JPY 80.00 per share paid a year ago.
The company expects to pay year-end dividend of JPY 125.00 per share for the year ending March 31, 2024 compared to JPY 120.00 per share paid a year ago.
SAKAI HEAVY INDUSTRIES, LTD. is a Japan-based company mainly engaged in the manufacture and sale of road paving equipment, as well as road maintenance and repair equipment. The Company is mainly engaged in the design, manufacture, sale and repair of construction equipment, industrial machinery and related parts, the purchase and sale of used construction equipment, as well as the design, construction, supervision and contracting of road pavement and repair work. The Company is engaged in the production of vibratory single drum rollers, vibratory tandem rollers, static pneumatic tired rollers, vibratory combined rollers, vibratory three wheel rollers, rammers, plate compactors, walk behind rollers and other road paving equipment, as well as road planers, asphalt pavers, road cleaners, water sprinklers and other road maintenance and repair equipment. The Company distributes its products within the domestic market and to overseas markets, including the American, Indonesia, and China.
Sakai Heavy Industries, Ltd. Provides Dividend Guidance for the Second Quarter Ending September 30, 2023 and Year-End Dividend Guidance for the Year Ending March 31, 2024