Local News

Torigoe Flour Mills to Raise Dividend Payout Ratio to 100%

Torigoe Flour Mills announced it will increase its dividend payout ratio target to 100% for the next three years, up from the previous 40%. This move prioritizes shareholder returns as rising construction costs delay new factory investments.

The company also expanded its shareholder benefits program, offering a box of Kurume Ramen worth ¥3,000 to shareholders holding shares for over three years. Source: Torigoe Co. LTD.

Torigoe Flour Mills to Raise Dividend Payout Ratio to 100%Photo by Polina Rytova on Unsplash

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Category
Business
Fukuoka City
Published: Dec 17, 2024 / Last Updated: Dec 17, 2024

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