This post was originally published on this site
https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEG9L1UM_L.jpg
TOKYO (Reuters) – SoftBank Group Corp said on Friday it would pay an interim dividend of 22 yen per share for the current year, the same as the previous fiscal year, after a series of massive asset sales stabilised the group’s finances.
The dividend declaration is the latest sign the group, which was shaken by soured investments and the COVID-19 pandemic, is regaining its confidence, buoyed by deals including the $40 billion sale of chip designer Arm to Nvidia (NASDAQ:NVDA).
The year-end dividend forecast is yet to be determined.
