News
SYLA Technologies Announces Interim Dividend of ¥100 per Share
TOKYO, Aug. 20, 2024 (GLOBE NEWSWIRE) -- SYLA Technologies Co., Ltd. (NASDAQ: SYT) (“SYLA” or “the Company”), operator of the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, announced that its Board of Directors meeting on August 16, 2024, resolved that the Company will pay an interim dividend of ¥100 per common share (equivalent to $0.68 per share at August 20exchange rate of $1.00 = ¥146.47; 1 share = 100 ADRs) with a record date for ADR holders of June 30, 2024, to shareholders.
Overview of the Interim Dividend for the Fiscal Year Ending December 31, 2024
| FY2024 | FY2023 | |
| Record Date | June 30, 2024 | September 11, 2023 |
| Dividend per Share | Interim dividend ¥100.00 | Interim dividend ¥70.00 |
| Total Dividend | ¥26,554,300 | ¥18,069,870 |
| Effective Date | September 30, 2024 | September 29, 2023 |
Note: Dividends, if any, will be declared by the Company’s Board of Directors, in its sole discretion. There can be no assurance that a dividend will be declared, regardless of the Company’s Full Year 2024 performance and results of operations, or that a dividend, if declared, will be in a certain amount.
The year-end dividend forecast is ¥180 per share.
SYT Press Release
https://ir.syla-tech.jp/news-events/press-releases/detail/79/syla-technologies-announces-interim-dividend-of-100-per
SYLA Technologies Company Contact
Takeshi Fuchiwaki
Director, Chief Growth Officer
[email protected]