SUMIDA: Investor News

Notice of the Year-end Dividend for Fiscal Year 2018

February 21st 2019 Press Release

The Board of Directors of SUMIDA CORPORATION determined to pay a year-end dividend for the Fiscal Year 2018 ended December 31, 2018. The details are as follows.

  1. Details of the Year-end Dividend for FY2018
      Determined Most Recent Forecast
    (Announced on February 8, 2019)
    Record Date December 31, 2018 December 31, 2018
    Dividend per Share 9 yen 9 yen
    Total Amount of Dividend Paid 243 million yen -
    Effective Date March 5, 2019 -
    Dividend Resource Retained Earnings -
    As of December 31, 2018, a total of 27,444,317 shares were issued, of which 381,239 shares were treasury stocks.  Therefore, the year-end dividend for the fiscal year 2018 will be paid for 27,063,078 shares.
  2. Dividend Policy for Fiscal Year 2019
    As a top priority of the company to return profits to our shareholders, offering dividend with a dividend payout ratio of 25-30% has been applied as a basic policy.
    As stipulated in the articles of incorporation, dividends can be paid based on a Board resolution. The basic policy is a 4-times a year dividend.
    Concerning the payment method, the quarterly determined dividend amount will be paid in the first up to the third quarter. With respect to the fourth quarter, however, the consolidated results will be reflected and a year-end dividend amount is paid, so that the total annual dividend amount can be adapted to a payout ratio of 25%-30%.
    Retained earnings will be used for strengthening the financial structure as well as for maintaining future growth.

      1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total
    Dividend Payout
    for 2019 (plan)
    6 JPY 6 JPY 6 JPY 15 JPY (plan) 33 JPY (plan)