SYLA Technologies Announces Interim Dividend Of ~$0.68 Per Share
Portfolio Pulse from Benzinga Newsdesk
SYLA Technologies Co., Ltd. (NASDAQ:SYT) announced an interim dividend of approximately $0.68 per share, with a record date for ADR holders of June 30, 2024. This decision was made during the Board of Directors meeting on August 16, 2024.
August 20, 2024 | 1:20 pm
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SYLA Technologies has declared an interim dividend of $0.68 per share, indicating a positive cash flow and potential shareholder value return.
The announcement of a dividend is generally seen as a positive signal, indicating that the company has sufficient cash flow to return value to shareholders. This can lead to a short-term increase in stock price as investors may view the dividend as a sign of financial health.
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