Concordia Financial Group raises dividend forecast amid strong performance

Concordia Financial Group (TSE:7186) announced today a revised dividend forecast for the fiscal year ending March 31, 2025. The Group will increase its year-end dividend from ¥14 to ¥16 per share, bringing the total annual dividend to ¥29 per share. This decision reflects the company's strong performance and commitment to enhancing shareholder returns through progressive dividends. The company targets a dividend payout ratio of approximately 40% and remains flexible in acquiring its own shares. The group also confirmed that the shareholder benefit plan with a March 31, 2025 record date is in effect per the previously announced changes. Details of the catalog gift items offered as shareholder benefits will be updated sequentially on the company's website.