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Seika Declares Lower Final Dividend

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Seika (TYO:8061) declared a year-end dividend of 45 yen per share for the fiscal year ended March 31, matching earlier forecasts but lower than the pre-stock split 130 yen per share paid a year ago.

The total dividend payment amounts to 1.63 billion yen, payable from retained earnings on June 25, according to a Tokyo bourse filing on Friday.

For the fiscal year ending March 31, Seika forecasts full-year dividends of 81.66 yen per share, after adjusting for the stock split, consisting of an interim dividend of 36.66 yen and a year-end dividend of 45 yen.

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