Altech revises dividend policy, targets higher payout of 50% or more
Altech Co. revealed a change to its basic dividend policy, effective from the year-end dividend for the fiscal year ending December 2025, payable in March 2026. The revised policy aims to enhance shareholder returns and provide flexibility in response to the evolving business environment.
Under the new policy, Altech will maintain its commitment to performance-based profit allocation, utilizing internal reserves for investments that enhance corporate value. The target consolidated dividend payout ratio has been updated to "50% or higher," a slight increase from the previous "50%." The interim dividend target remains at 50% of the annual dividend, with a basic policy to maintain a stable yen10 per share annually (yen5 interim and yen5 year-end), irrespective of business performance.
For the fiscal year ending December 2025, the company projects an annual dividend of yen94 per share, consisting of an interim dividend of yen47 and a year-end dividend of yen47. This change reflects Altech's focus on sustainable shareholder value creation.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
News Alerts
Get instant email alerts when Altech Corporation publishes news
Free account required • Unsubscribe anytime