UPDATE 1-Japan's Fanuc doubles payout ratio after investor Loeb demands higher returns
April 27, 2015 at 04:01 AM EDT
TOKYO, April 27 (Reuters) - Japanese industrial robot maker Fanuc Corp said it was doubling its dividend payout ratio, signalling an apparent win for activist U.S. investor Daniel Loeb in calls on the debt-free firm to return more of its growing cash pile to shareholders.