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Monex Group cuts interim dividend

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Monex Group cuts interim dividend

Japan's Monex Group Inc. lowered its interim dividend for the fiscal year ending March 31, 2019.

The company's board declared an interim dividend of ¥2.70 per share, down from ¥3.70 per share in the year-ago period, according to an Oct. 29 release.

The interim dividend's record date was Sept. 30, while its effective date is Dec. 3.

As of Oct. 29, US$1 was equivalent to ¥112.39.