SYLA Technologies Announces Interim Dividend of ¥100 per Share
SYLA Technologies Co., (NASDAQ: SYT), Japan's largest membership real estate crowd-funding platform operator, has announced an interim dividend of ¥100 per common share. This is equivalent to $0.68 per share at the August 20 exchange rate. The record date for ADR holders is June 30, 2024, with an effective payment date of September 30, 2024. This represents a significant increase from the FY2023 interim dividend of ¥70 per share. The total dividend amount is ¥26,554,300. SYLA's Board of Directors has also forecasted a year-end dividend of ¥180 per share, subject to their sole discretion and company performance.
SYLA Technologies Co. (NASDAQ: SYT), il maggiore operatore giapponese di piattaforme di crowdfunding immobiliare, ha annunciato un dividendo intermedio di ¥100 per azione comune. Questo corrisponde a $0,68 per azione secondo il tasso di cambio del 20 agosto. La data di registrazione per i titolari di ADR è 30 giugno 2024, con una data di pagamento effettiva del 30 settembre 2024. Questo rappresenta un aumento significativo rispetto al dividendo intermedio del FY2023 di ¥70 per azione. L'importo totale del dividendo è di ¥26.554.300. Il Consiglio di Amministrazione di SYLA ha inoltre previsto un dividendo di fine anno di ¥180 per azione, soggetto alla loro unica discrezione e alle prestazioni aziendali.
SYLA Technologies Co. (NASDAQ: SYT), el operador de la plataforma de crowdfunding inmobiliario más grande de Japón, ha anunciado un dividendo interino de ¥100 por acción ordinaria. Esto equivale a $0,68 por acción según el tipo de cambio del 20 de agosto. La fecha de registro para los tenedores de ADR es 30 de junio de 2024, con una fecha de pago efectiva del 30 de septiembre de 2024. Esto representa un aumento significativo en comparación con el dividendo interino del FY2023 de ¥70 por acción. El monto total del dividendo es de ¥26.554.300. La Junta Directiva de SYLA también ha pronosticado un dividendo de fin de año de ¥180 por acción, sujeto a su única discreción y al rendimiento de la empresa.
SYLA Technologies Co. (NASDAQ: SYT), 일본 최대의 부동산 크라우드 펀딩 플랫폼 운영업체가 보통주 1주당 ¥100의 중간 배당금을 발표했습니다. 이는 8월 20일 환율 기준으로 주당 $0.68에 해당합니다. ADR 보유자의 기준일은 2024년 6월 30일이며, 유효한 지급일은 2024년 9월 30일입니다. 이는 FY2023 중간 배당금인 ¥70에서 상당히 증가한 수치입니다. 총 배당금 규모는 ¥26,554,300입니다. SYLA의 이사회는 또한 회사의 성과와 고유의 재량에 따라 주당 ¥180의 연말 배당금을 예측했습니다.
SYLA Technologies Co. (NASDAQ: SYT), le plus grand opérateur japonais de plateformes de crowdfunding immobilier, a annoncé un dividende intérimaire de ¥100 par action ordinaire. Cela équivaut à $0,68 par action selon le taux de change du 20 août. La date d'enregistrement pour les détenteurs d'ADR est le 30 juin 2024, avec une date de paiement effective du 30 septembre 2024. Cela représente une augmentation significative par rapport au dividende intérimaire de ¥70 par action pour l'exercice 2023. Le montant total du dividende est de ¥26.554.300. Le Conseil d'administration de SYLA a également prévu un dividende de fin d'année de ¥180 par action, sous réserve de sa seule discrétion et de la performance de l'entreprise.
SYLA Technologies Co. (NASDAQ: SYT), der größte Betreiber von Immobilien-Crowdfunding-Plattformen in Japan, hat eine Zwischen Dividende von ¥100 pro Stammaktie angekündigt. Dies entspricht $0,68 pro Aktie zum Wechselkurs vom 20. August. Der Stichtag für ADR-Inhaber ist der 30. Juni 2024, mit einem effektiven Auszahlungstermin am 30. September 2024. Dies stellt einen erheblichen Anstieg gegenüber der Zwischen Dividende von ¥70 pro Aktie im Geschäftsjahr 2023 dar. Der Gesamtbetrag der Dividende beträgt ¥26.554.300. Der Vorstand von SYLA hat zudem eine Dividende zum Jahresende von ¥180 pro Aktie prognostiziert, die nach eigenem Ermessen und der Unternehmensleistung vergeben wird.
- Increased interim dividend from ¥70 to ¥100 per share
- Total dividend amount increased to ¥26,554,300 from ¥18,069,870 in previous year
- Forecasted year-end dividend of ¥180 per share indicates company confidence
- Dividend declaration and amount are subject to Board discretion and not guaranteed
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
Overview of the Interim Dividend for the Fiscal Year Ending December 31, 2024
| FY2024 Interim Dividend | FY2023 Interim Dividend | |
| Record Date | June 30, 2024 | September 11, 2023 |
| Dividend per Share | Interim dividend | 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
About SYLA Technologies Co., Ltd.
Headquartered in Tokyo, Japan, SYLA Technologies Co., Ltd. (NASDAQ: SYT) (“SYLA” or “the Company”) owns and operates the largest membership real estate crowd-funding platform in Japan, Rimawari-kun, which targets individuals, corporate and institutional investors, as well as high net worth individuals. SYLA’s mission is to democratize real estate investment around the world through technology and asset management through the Rimawari-kun platform. SYLA is engaged in the overall investment condominium business, including planning, development, construction, sales, rental management, building management, repair work, and the sale of properties. Additional information about the Company’s products and services is available at https://syla-tech.jp/en.
Cautionary Note Regarding Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. For example, the Company is using forward-looking statements when it discusses the expected gross proceeds and the closing of the offering. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report on Form 20-F, filed with the SEC on May 15, 2024. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.
Contact Information
SYLA Technologies Investor Relations Contact:
Gateway Group, Inc.
John Yi and Steven Shinmachi
SYLA@gateway-grp.com
(949) 574-3860
SYLA Technologies Company Contact
Takeshi Fuchiwaki
Director, Chief Growth Officer
irpr@syla.jp
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