Tokyu Corporation Announces Year End Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 30, 2023; Provides Second Quarter and Year End Dividend Guidance for the Fiscal Year Ending March 31, 2024
May 31, 2023 at 01:30 pm IST
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Tokyu Corporation announced year end dividend for the fiscal year ended March 31, 2023. For the period, the company announced year end dividend of JPY 7.50 per share compared to JPY 7.50 per share paid a year ago. The dividend will be payable on June 30, 2023.
The company provided second quarter and year end dividend guidance for the fiscal year ending March 31, 2024. For the second quarter, the company expected dividend of JPY 7.50 per share compared to JPY 7.50 per share paid a year ago.
For the full year, the company expected year end dividend of JPY 7.50 per share compared to JPY 7.50 per share paid a year ago.
Tokyu Corporation specializes in railway transportation services. The group is also developing retail distribution and real estate promotion activities, and is providing entertainment services. Net sales break down by activity as follows:
- retail distribution (62.9%): operating of department stores, supermarkets, etc. The group also offers TV channels broadcasting services ;
- real estate assets promotion and management (17.2%);
- railway and road transportation services (15.9%);
- hotel operating (4%).
Tokyu Corporation Announces Year End Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 30, 2023; Provides Second Quarter and Year End Dividend Guidance for the Fiscal Year Ending March 31, 2024