SUMIDA: Investor News

Notice of 1st Quarter Dividend for Fiscal Year 2014

April 24th 2014 Press Release

SUMIDA CORPORATION hereby inform you regarding the payment of dividend out of retained earnings (1st Quarter dividend for fiscal year 2014 ending December 31) approved at the meeting of the Board of Directors which was held today. 

Contents of dividend for 1st Quarter of Fiscal Year 2014

  Resolved Most Recent Forecast
(announced on February 12, 2014)
Record Date March 31, 2014 March 31, 2014
Dividend per Share 5 yen 5 yen
Total Amount of Dividend Paid 116 million JPY -
Effective Date May 28, 2014 -
Dividend Resource Retained Earnings -
As of March 31, 2014, the total number of issued shares is 23,944,317 shares and of which 732,749 shares are treasury stocks. Therefore, 23,211,568 shares would be those for which the 1st quarter dividend by distributed.

 

[For Reference]

The dividend for Fiscal Year 2014 is to be paid as follows:

Fiscal Year 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Total
2014 (plan) 5 JPY 5 JPY 5 JPY 5 JPY* 20 JPY*


* In order to have dividends reflect the consolidated business results, if the dividend amount calculated with consolidated net income and basic dividend payout ratio (25%~30%) exceeds the base amount of annual dividend, the Company has the policy to add the excess amount to the annual dividend when paying dividends for the fourth quarter.

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