NYK Line investors are set to benefit from the red-hot containership market after the company said it would boost dividend payouts to shareholders.
The Japanese giant said full-year dividends for the FY2025 year would now be increased to ¥260 ($1.82) per share versus the ¥140 per share paid last year.
“The company regards the stable return of profits to shareholders as one of the most important management priorities and determines profit distribution based on a targeted consolidated dividend payout ratio of 30% with the minimum annual dividend of ¥100 per share,” NYK Line said Monday.
