SUMIDA: Investor News

Notice of 4th Quarter Dividend for Fiscal Year 2009 & Dividend Policy for Fiscal Year 2010

February 18th 2010 Press Release

SUMIDA CORPORATION would like to inform you that the following items have been approved at the meeting of Board of Directors held today.

  1. Payment of 4th Quarter Dividend for Fiscal Year 2009 ending December 31
      Resolved Most Recent Forecast
    (announced on October 22, 2009)
    Record Date December 31, 2009  December 31, 2009
    Dividend per Share 5 yen 5 yen
    Total Amount of Dividend Paid 96 million JPY -
    Effective Date March 4, 2011  -
    Dividend Resource Retained Earnings -
    As of December 31, 2009, the total number of issued shares is 19,944,317 shares and of which 731,669 shares are treasury stocks. Therefore, 19,212,648 shares would be those for which the 4th quarter dividend be distributed.

     

  2. Change of Dividend Policy for Fiscal Year 2010
    In accordance with the annual business plan and basic dividend payout ratio (25-30%), the annual dividend per share shall be decided at the beginning of the next fiscal year and the amount to be divided into quarters to pay on a quarterly basis. However, in order to ensure stable dividends, the annual dividend shall be 20 yen or more per share. In addition, in order to have dividends reflect the consolidated business results, if the dividend amount calculated with consolidated net income and basic dividend payout ratio exceeds the annual dividend per share, the excess amount to the annual dividend shall be added when paying dividends for the fourth quarter. 

    For fiscal year 2010, the annual dividend is 20 yen.

    [For Reference]
    The dividend for Fiscal Year 2010 is to be paid as follows:

    Fiscal Year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total
    2010 (plan) 5 JPY 5 JPY 5 JPY 5+α JPY 20+α JPY

     

    Please click on the press release link above to view a pdf version of this item. 

Archive