Straits Times Index
3,292.93 -3.96 (-0.12%) S&P 500
5,127.79 +63.59 (+1.26%) Dow
38,675.68 +449.98 (+1.18%) Nasdaq
16,156.33 +315.33 (+1.99%) Bitcoin USD
63,902.66 +40.02 (+0.06%) CMC Crypto 200
1,331.11 +54.13 (+4.24%)
NEC Corp (NEC1.HM)
| Previous close | 66.46 |
| Open | 66.88 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 66.88 - 66.88 |
| 52-week range | 39.80 - 69.48 |
| Volume | |
| Avg. volume | 5 |
| Market cap | N/A |
| Beta (5Y monthly) | N/A |
| PE ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- GuruFocus.com
NEC Corp's Dividend Analysis
NEC Corp (NIPNF) recently announced a dividend of $0.60 per share, payable on a date yet to be announced, with the ex-dividend date set for 2024-03-28. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into NEC Corp's dividend performance and assess its sustainability.
- Reuters
US investor presses Japan Aviation and NEC to cancel buyback, reconsider buyout offers
TOKYO (Reuters) -Chicago-based investor Curi RMB Capital said on Thursday that NEC and its listed unit Japan Aviation Electronics (JAE) should cancel their buyback deal and reconsider alternative buyout offers they have received. The call came after Reuters reported NEC had received multiple buyout offers from global private equity funds for JAE before agreeing to tender much of its 51% stake to the unit at a discount via a tender offer. Curi RMB, with more than $11 billion under management, owns shares in both NEC and JAE, which makes connectors used in smartphones including Apple's iPhones.
- Reuters SG
Deals of the day-Mergers and acquisitions
** China Evergrande said its unit has entered a deal to sell its 65% stake in Shantou Hengmeng Property Development for 137.6 million yuan ($19.20 million). ** Roper Technologies said it will buy software firm Procare Solutions for $1.75 billion from private equity firms Warburg Pincus and TA Associates, as the industrial technology company looks to expand its portfolio of software products.
