NOF Corporation Provides Dividend Guidance for the Second Quarter-End of the Fiscal Year Ending March 31, 2024
August 18, 2023 at 01:00 am EDT
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NOF Corporation provided dividend guidance for the second quarter-end of the fiscal year ending March 31, 2024. For the period, the company expects to pay dividend of JPY 54.00 per share compared to JPY 50.00 per share paid a year ago.
NOF CORPORATION is mainly engaged in the functional chemical products business, life science business and others. The Company operates in three segments. The Functional Chemical segment is engaged in the manufacture and sale of fatty acids, fatty acid derivatives, surfactants, ethylene oxide and propylene oxide derivatives, organic peroxides, petroleum chemicals, functional polymers, functional films, electronic materials and special rust prevention agents, as well as the rust prevention processing. The Life Science segment is engaged in the manufacture and sale of drug formulation materials for drug delivery systems (DDSs), edible oils and fats and health food products, among others. The Chemical segment is engaged in the manufacture and sale of industrial explosives, defense-related items, space-related products. The Company also operates in transportation business and real estate business.