Tein, Inc. Announces Annual Dividend for the Year Ended March 31, 2021, Payable on June 24, 2021; Provides Dividend Guidance for the Year Ending March 31, 2022
May 14, 2021 at 12:30 pm IST
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Tein, Inc. announced annual dividend of JPY 29.00 per share for the year ended March 31, 2021, compared to JPY 17.00 paid last year. Dividend payable date is June 24, 2021.
The company provided dividend guidance for the year ending March 31, 2022. For the year, the company expects to pay a dividend of JPY 34.00 per share.
TEIN, INC. is a Japan-based company primarily engaged in the development, manufacture and sale of automotive suspension products. The Company is engaged in the provision of genuine shape shock absorbers, shock absorbers for the street, shock absorbers for sports, electric damping force controllers, low-down springs, shock absorbers and springs for competition, standardized springs, made-to-order products and automatic piston rod inspection machines, as well as other products such as TEIN polyurethane bushes, reinforced tie rods, toe control arms, pillow ball upper mounts, bonnet dampers, repair parts and motorsport tents. The Company operates within the domestic market and to overseas markets, including North America, Europe, China and Thailand.
Tein, Inc. Announces Annual Dividend for the Year Ended March 31, 2021, Payable on June 24, 2021; Provides Dividend Guidance for the Year Ending March 31, 2022