OSG revised its dividend forecast for the fiscal year ending November 2026 and indicated that it expects to pay an annual dividend of ¥130. This is expected to result in a dividend yield of 3.55%.
OSG revised its dividend forecast for the fiscal year ending November 2026 and announced an increase that will bring the annual dividend to ¥130, comprising an interim dividend of ¥39 and a year-end dividend of ¥91. As a result, the forecast dividend yield is expected to rise from 3.14% to 3.55%.
The increase is ¥15 above the previous forecast and represents a significant rise from ¥88 in the fiscal year ended November 2025. Over the past 10 fiscal periods, ¥60 has remained a sustained level since 2024, and this increase could mark the second consecutive period of dividend growth.
On the announcement date, the share price temporarily rose to ¥3,930 in SBI Securities’ after-hours trading. OSG is a tool manufacturer, and its consolidated results for the fiscal year ending November 2026 are expected to show increases in both revenue and profit. The company determines dividends based on a payout ratio of around 50% or DOE of 3.5%.