Nippon Parking Development announced a dividend increase for the fiscal year ending July 2027, comprising no interim dividend and a ¥10 year-end dividend, for a total of ¥10 and an estimated annual dividend yield of 3.87%. This is expected to mark the company’s 17th consecutive fiscal year of dividend growth.
At 15:30 on 11 September 2026, Nippon Parking Development announced a forecast dividend increase for the fiscal year ending July 2027. The forecast dividend is ¥10 in total, comprising no interim dividend and a ¥10 year-end dividend, implying a dividend yield of 3.87% based on a share price of ¥258. The latest increase would bring the company’s consecutive run of dividend increases to 17 fiscal years. The current dividend yield forecast has also been revised upward from 3.48% to 3.87%.
The company has introduced a medium-term shareholder return policy covering the fiscal years ending July 2027 through July 2029, setting minimum dividend levels of ¥10 for the fiscal year ending July 2027, ¥11 for the fiscal year ending July 2028 and ¥12 for the fiscal year ending July 2029. The latest dividend increase is being implemented under this policy. The share price reached ¥267 in after-hours trading on the day of the announcement, up 3.48% from the ¥258 closing price.