LogProstyle Announces $519,000 ($0.022 per share) Special Cash Dividend
📋 Article Processing Timeline
- 📰 Published: May 16, 2026 at 06:00
- 🔍 Collected: May 15, 2026 at 21:02
- 🤖 AI Analyzed: May 15, 2026 at 21:48 (46 min after Collected)
LogProstyle Inc. (NYSE American: LGPS) announced that its Board of Directors has approved a special cash dividend totaling $519,000 ($0.022 per share), utilizing the remaining unused portion of its share repurchase program. The dividend is payable on June 30, 2026, to shareholders of record as of June 1, 2026. CEO Yasuyuki Nozawa stated that this decision reflects the company's commitment to enhancing shareholder returns and disciplined capital allocation. A 15.315% withholding tax will be applied, though eligible Japanese residents may apply for a refund.