Nippon Gas announced a dividend revision after the close on 28 August. In connection with the 1-for-3 stock split with an allotment date of 30 September, it revised its annual dividend from the previous plan of ¥110 to ¥73.5, equivalent to ¥110.5 on a pre-split basis. On an effective basis, the dividend represents an increase of 0.5%.
Nippon Gas disclosed its current-year dividend revision at around 3:30 p.m. on 28 August. In light of the 1-for-3 stock split effective 30 September, it revised its previous annual dividend plan.
The annual dividend is equivalent to ¥110.5 on a pre-split basis, while the actual dividend after the split will be ¥73.5. Compared with the previous plan, this represents an effective increase of 0.5%.
This article was prepared based on numerical data released by Nippon Gas and advises investors to check official materials, including the earnings summary, when making investment decisions.