Sakai Heavy Industries, Ltd. Announces Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 30, 2023; Provides Dividend Guidance Second Quarter-End and Full Fiscal Year Ending March 31, 2024
May 09, 2023
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Sakai Heavy Industries, Ltd. announced dividend for the fiscal year ended March 31, 2023 and provided dividend guidance second quarter-end and full fiscal year ending March 31, 2024. For the fiscal year ended March 31, 2023, the company declared dividend of JPY 120.00 per share against JPY 105.00 per share paid a year ago. Scheduled date to commence dividend payments is June 30, 2023.
For the second quarter-end, the company expects to pay dividend of JPY 90.00 per share against JPY 80.00 per share paid a year ago.
For the full fiscal year ending March 31, 2024, the company expects to pay dividend of JPY 125.00 per share against 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. Announces Dividend for the Fiscal Year Ended March 31, 2023, Payable on June 30, 2023; Provides Dividend Guidance Second Quarter-End and Full Fiscal Year Ending March 31, 2024