TOKYO ELECTRON DEVICE LIMITED October 28, 2021 | |
Company name: | TOKYO ELECTRON DEVICE LIMITED |
Representative: | Atsushi Tokushige |
President & Representative Director | |
(TSE First Section, Stock Exchange Code: 2760) | |
Contact: | Noriaki Uchida |
Director, General Affairs Department | |
TEL: | +81-45-443-4000 |
Announcement of Distribution of Surplus and Revisions to the Dividends Forecast (Increase)
TOKYO ELECTRON DEVICE LIMITED (the "Company") hereby announces that the Company, at its Board of Directors held today, resolved to distribute surplus (interim dividends) with a record date of September 30, 2021 and to revise the year-end dividends forecasts (increase), as per the following.
1. Details of Dividends Payments
Previous forecast | Dividends paid in the | ||||||||||||||||
previous fiscal year | |||||||||||||||||
Amount resolved to be paid | (announced on September | ||||||||||||||||
(first half of the fiscal year | |||||||||||||||||
6, 2021) | |||||||||||||||||
ended March 31, 2021) | |||||||||||||||||
Record date | September 30, 2021 | September 30, 2021 | September 30, 2020 | ||||||||||||||
Dividends per share | ¥105.00 | ¥95.00 | ¥40.00 | ||||||||||||||
Total dividends paid | ¥1,096 million | － | ¥417 million | ||||||||||||||
Effective date | December 1, 2021 | － | December 1, 2020 | ||||||||||||||
Source of dividends | Retained earnings | － | Retained earnings | ||||||||||||||
2. Revisions to the Year-end Dividends Forecast | |||||||||||||||||
Dividends per share | |||||||||||||||||
Record date | End of 2Q | Year-end | Annual | ||||||||||||||
Previous forecast | ¥95.00 | ¥95.00 | ¥190.00 | ||||||||||||||
(announced on September 6, 2021) | |||||||||||||||||
Revised forecast | ― | ¥100.00 | ¥205.00 | ||||||||||||||
Results for the current fiscal year | ¥105.00 | ||||||||||||||||
Results for the previous fiscal year | ¥40.00 | ¥85.00 | ¥125.00 | ||||||||||||||
(fiscal year ended March 31, 2021) | |||||||||||||||||
3. Reasons for Revisions
The Company aims for a consolidated payout ratio of 40%, while taking into account the funding needs for future capital investment and R&D as well as working capital trends. Based on this policy and in light of recent trends in business performance, the interim dividends will be set at 105 yen per share and the year-end dividends forecast will be revised upward to 100 yen per share. Accordingly, the annual dividends forecast will be 205 yen per share.
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Disclaimer
TEL - Tokyo Electron Device Ltd. published this content on 04 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 November 2021 07:21:11 UTC.
