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Nikkei rises on dividend optimism after Fanuc's announcement; Fed focused

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Reuters TOKYO

TOKYO (Reuters) - Japan's Nikkei share average rose on Tuesday helped by hopes of better shareholder returns after Fanuc Corp doubled its dividend payout ratio, but gains were limited ahead of a two-day U.S. Federal Reserve's policy meeting.

The Nikkei 225 ended 0.4 percent higher to 20,058.95.

The broader Topix gained 0.5 percent to 1,627.43 and the JPX-Nikkei Index 400 advanced 0.6 percent to 14,771.19.

(Reporting by Ayai Tomisawa; editing by Simon Cameron-Moore)

 

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First Published: Apr 28 2015 | 11:47 AM IST

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