Nippon Concrete Industries (TYO:5269) declared a year-end dividend of 4 yen per share for the fiscal year ended March 31, matching earlier forecasts but lower than the 6.50 yen per share paid a year ago.
The total dividend payment amounts to 218 million yen, payable from retained earnings on June 11, according to a Tokyo bourse filing on May 22.
The company's basic policy targets a consolidated dividend payout ratio of 40% or more.
For the fiscal year ending March 31, 2027, Nippon Concrete Industries forecasts full-year dividends of 8 yen per share, consisting of an interim dividend of 4 yen and a year-end dividend of 4 yen.