Nidec will not pay an interim dividend and apologizes to shareholders
FROM THE WIRE · BUSINESSWIRE.COM
KYOTO, Japan--(BUSINESS WIRE)--Nidec Corporation (TOKYO: 6594; OTC US: NJDCY) (the “Company”) hereby announces that its Board of Directors has resolved not to pay surplus dividend (interim dividend) with September 30, 2026 as the record date at a meeting held on November 13…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe absence of an interim dividend may weigh on the stock among income-oriented investors.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Nidec's Board of Directors resolved not to pay the interim dividend.
- 02The record date for the dividend was September 30, 2026.
- 03The decision was made at a meeting held on November 13, 2026.
- 04The company sincerely apologizes to shareholders, investors and other stakeholders for the inconvenience and concern caused.
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