Segue Group Co., Ltd. Provides Dividend Guidance for Second Quarter End of Fiscal Year Ending December 31, 2024
March 13, 2024 at 10:30 am IST
Share
Segue Group Co., Ltd. provided dividend guidance for second quarter end of fiscal Year ending December 31, 2024. For the period, the company expects to pay a dividend of JPY 5.00 per share, against JPY 15.00 per share paid a year ago. At a meeting of the Board of Directors held on February 13, 2024, the Company resolved to conduct a 3-for-1 stock split of common shares, with an effective date of March 1, 2024.
Dividend per share for the fiscal year ending December 31, 2024 (Forecast) is an amount reflecting this stock split. Excluding the effect of the stock split, the annual dividend per share for the fiscal year ending December 31, 2024 (forecast) would be JPY 33 (JPY 15 for the interim dividend and JPY 18 for the year-end dividend).
Segue Group Co.,Ltd. is a Japan-based holding company mainly engaged in information technology (IT) solutions business. IT solution business is engaged in the provision of design, sale, construction, operation and maintenance services mainly related to IT infrastructure and network security products. It has two kinds of services. Solution product service is engaged in the sale of security products and IT infrastructure products that imported from domestic and overseas manufacturers. It also sells self-owned server-type secure browser SCVX and one-time password authentication single sign-on WisePoint. Main security products include Firewall and VPN, UTM, and Next Generation Firewall. Main IT infrastructure products include Wi-Fi products, routers, Local Area Network (LAN) switches, servers, storage. Solution services provide end users with IT system design and construction services that meet their requirements, and maintenance, repair and replacement services, and help desk services.