09:23 AM EDT, 09/15/2025 (MT Newswires) -- Lead Real Estate ( LRE ) , a Japanese real estate developer, said Monday its board approved a dividend of 10 Japanese yen ($0.07) per American depository receipt.

In September 2024, the company paid a cash dividend of $0.02 per share. One ADR is equal to one ordinary LRE share.

The dividend is subject to final approval by shareholders on Sept. 29. If approved, the distribution will be on Sept. 30, the company said.

Lead Real Estate ( LRE ) shares were 52% higher in recent premarket trading.