Kanadevia Corporation [7004.T]
TOKYO, May 12 (Pulse News Wire) – Kanadevia Corporation (7004.T) revised its dividend policy during a board meeting held on May 12, aiming to enhance shareholder value while maintaining long-term growth. The updated strategy emphasizes sustainable dividend increases aligned with the company's performance, alongside continued investment in growth, research, development, and infrastructure.
Under the new approach, Kanadevia plans to achieve progressive dividends based on earnings trends and balanced investments. The target dividend payout ratio remains around 30% percent.
Starting from the fiscal year ending March 2027, the company intends to implement these changes. For reference, the projected dividends per share for the upcoming fiscal years are as follows: - Fiscal Year 2026: Mid-year interim dividend of ¥0, final dividend of ¥25, totaling ¥25.
- Fiscal Year 2027 (forecast): Mid-year interim dividend of ¥0, final dividend of ¥38, totaling ¥38.
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