Japan Inc.'s big dividend payouts set stage for year-end rally

Japanese companies expand shareholder returns in response to TSE call

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The Tokyo Stock Exchange has told companies to make management decisions that take equity prices into account. (Photo by Mizuho Miyazaki)

YUKI KITAHARA, NQN staff writer

TOKYO -- Japanese companies are on track to hand out roughly 8.2 trillion yen ($53.3 billion) in dividends to shareholders through early December, giving a likely boost to stock prices as the money gets reinvested.

The total payout figure was compiled by QUICK based on interim dividend plans by companies in the Tokyo Stock Exchange's Topix index with financial years closing in March.

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