West Japan Railway Co.(TYO:9021) raised its year-end dividend to 47.50 yen per share from 37 yen initially, raising its full-year payout to 84.50 yen per share post-stock split for fiscal 2025.
The 22.36 billion yen distribution is in line with its targets of a minimum 35% payout ratio, according to its Tokyo bourse filing on May 2.
Shareholders will vote on the proposal at the June meeting, with payments effective June 19.
Price (JPY): $3087.00, Change: $+21, Percent Change: +0.68%
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