Cross Cat (TYO:2307) has revised its year-end dividend forecast for the fiscal year ending March 31, increasing the dividend to 33 yen per share from the previous outlook of 31 yen, according to a Thursday filing on the Tokyo Stock Exchange.
The revision reflects the company's ongoing commitment to shareholder returns, with a payout ratio target of over 35%. Cross Cat noted that this adjustment is based on the performance trends and other relevant factors.
For the fiscal year 2024, the company had paid a total of 28 yen per share in dividends.
The revised total annual dividend for the current fiscal year is now 66 yen per share, up from 62 yen previously forecasted.
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