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Komatsu Ltd. Increases Year-End Dividend Amid Strategic Financial Planning

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Komatsu Ltd. ( (JP:6301) ) just unveiled an update.

Komatsu Ltd. has announced a decision to increase its year-end dividend per share to JPY 107, up from the previously projected JPY 84, reflecting a commitment to maintaining a stable dividend payout ratio of 40% or higher. This move is part of Komatsu’s strategy to sustain corporate value growth by considering consolidated business results and future investment plans, despite a projected decrease in net income for the next fiscal year.

More about Komatsu Ltd.

Komatsu Ltd. operates within the heavy equipment industry, primarily focusing on the manufacturing and sale of construction, mining, and utility equipment. The company is known for its commitment to sustainability and enhancing its competitiveness in the market.

YTD Price Performance: -5.52%

Average Trading Volume: 3,053,409

Technical Sentiment Signal: Hold

Current Market Cap: Yen3724.6B

Learn more about 6301 stock on TipRanks’ Stock Analysis page.

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