Hello everyone. I’m @olivertomolife and I love investing and shareholder special offers!
The 61st Annual General Meeting of Shareholders of Itochu Enex has just ended, and the dividend notice has arrived.
I only own one unit, but the dividend yield is attractive, so I’m thinking of buying more.
So let’s take a look at what’s inside the dividend notice!
The author has three years of investment experience and has experience in the securities industry.
By reading this article, you’ll learn all you need to know about Itochu Enex!
You can learn more about Itochu Enex in the following article.
What are Itochu Enex’s dividends?
This year’s interim dividend for the 61st fiscal year was 28 yen per share, with an additional 6 yen for the commemorative gift.
It is good to see a steady increase in dividends.
Business Performance and Shareholder Returns
Let’s start with the operating income, which was the same level as last year.
It’s amazing that it’s still the same level despite the spread of the coronavirus!
Next is net income, which was the highest ever.
It looks like we can expect more profit growth in the future.
Management Structure
The management structure is the same as it was at the 61st shareholders meeting.
By the way, the ratio of male employees in Japanese companies is very high…
Personally, I think half of them should be women.
There are still very few female directors in Japanese companies, so I hope that the number will increase in the future.
Summary
- Interim dividend is 28 yen per share.
- Net income is the highest ever.
- Expectations for higher dividends in the future
This is my 61st commentary on Itochu Enex’s dividends!
I will continue to introduce Japanese companies in the future, so please stay tuned.
Thank you for reading to the end!
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