Kawasaki Kisen Kaisha, Ltd. Declares Dividend for the Second Quarter Ended September 30, 2023, Payable on December 4, 2023 and Provides Dividend Guidance for and Full Year of Fiscal Ending March 31, 2024
November 02, 2023 at 02:00 am EDT
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Kawasaki Kisen Kaisha, Ltd. declared dividend for the second quarter ended September 30, 2023 and provided dividend guidance for and full year of fiscal ending March 31, 2024. For the second quarter, the company declared dividend of JPY 100.00 against JPY 300.00 paid a year ago. Scheduled date to commence dividend payments is December 4, 2023.
For the full year, the company expects to pay dividend of JPY 100.00 against JPY 300.00 paid a year ago.
Kawasaki Kisen Kaisha, Ltd. is one of the Japanese largest maritime transportation providers. Net sales break down by activity as follows:
- logistics services (50.2%): warehousing, freight handling, port services, etc.;
- maritime transportation of freight (48.4%): transportation of dry bulk, oil products, liquefied natural gas, vehicles, containers, etc. At the end of March 2022, the group had a fleet of 434 vessels;
- other (1.4%).
Net sales are distributed geographically as follows: Japan (87.4%), Asia (6.3%), Europe (4.1%), the United States (2%) and other (0.2%).
Kawasaki Kisen Kaisha, Ltd. Declares Dividend for the Second Quarter Ended September 30, 2023, Payable on December 4, 2023 and Provides Dividend Guidance for and Full Year of Fiscal Ending March 31, 2024