Japan's Takeuchi Mfg jumps after co forecasts higher dividend payout

Takeuchi Mfg.

11/04/2018 06:30

** Construction machinery maker Takeuchi Mfg  6432.T  jumps
13 pct to 2,657 yen, highest since Feb 7
    ** Co expects to raise annual dividend payout to 40
yen/share, up 4 yen/share from previous year  urn:newsml:reuters.com:*:nXB06KIRTJ
    ** As of previous close, stock had fallen 12.22 pct so far
this year 
    ** Among the eight analysts covering Takeuchi Mfg, the
current average rating is "buy"; the breakdown of
recommendations is six "strong buy" or "buy", one "hold" and no
"sell" or "strong sell". The analyst mean price target is
2,828.33 yen

 (Reuters
Messaging:ayai.tomisawa.thomsonreuters.com@reuters.net)