Nitto Denko Corporation Announces Year End Dividend for the Year Ended March 31, 2024, Payable on June 24, 2024; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2025
April 26, 2024 at 03:00 am EDT
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Nitto Denko Corporation announced dividend for the year ended March 31, 2024. For the year, the company announced dividend of JPY 130 per share compared to JPY 120 per share paid a year ago. The estimated starting date of dividend paying June 24, 2024.
For the second quarter of fiscal year ending March 31, 2025, the company expects to pay dividend of JPY 140 per share compared to JPY 130 per share paid a year ago.
For the full year ending March 31, 202, the company expects to pay dividend of JPY 140 per share compared to JPY 130 per share paid a year ago.
Nitto Denko Corporation specializes in the manufacturing and marketing of chemical products used as materials for industrial and electronic components. Net sales break down by family of products as follows:
- optoelectronic products (53.1%): LCD-related products, conductive films used on touch panels, semiconductor encapsulating materials, printed circuit boards, etc.;
- industrial tapes (38.4%): adhesives tapes for electronic components and hard disc drives, surface protective materials, tapes for hygienic use, etc.;
- medical and environmental materials (5.6%): transdermal drug delivery patches and seawater desalination membranes;
- other (2.9%).
Nitto Denko Corporation Announces Year End Dividend for the Year Ended March 31, 2024, Payable on June 24, 2024; Provides Dividend Guidance for the Second Quarter and Full Year Ending March 31, 2025
NITTO DENKO CORPORATION 
