SUMIDA: Investor News
The Board of Directors resolved over the payment of the dividend for the 4th quarter of FY2015 ending December 31, 2015 at their meeting held today on February 12, 2016.
A. Contents of dividend for 4th Quarter of Fiscal Year 2015
| Resolved | Most Recent Forecast (announced on February 10, 2015) |
|
| Record Date | December 31, 2015 | December 31, 2015 |
| Dividend per Share | 11 yen | 5 yen |
| Total Amount of Dividend Paid | 255 million JPY | - |
| Effective Date | March 3, 2016 | - |
| Dividend Resource | Retained Earnings | - |
| As of December 31, 2015, the total number of issued shares is 23,944,317 shares and of which 733,166 shares are treasury stocks. Therefore, 23,211,151 shares would be those for which the 4th quarter dividend be distributed. | ||
B. Dividend Payment Schedule for Fiscal Year 2016
| Fiscal Year | 1st Quarter | 2nd Quarter | 3rd Quarter | 4th Quarter | Total |
| 2016 | 6 JPY | 6 JPY | 6 JPY | 6 JPY* (plan) |
24 JPY* (plan) |
* - Dividend of 6 yen will be paid from the 1st quarter through the 3rd quarter.
- * To reflect the consolidated financial results for 2016 on the annual dividend, planned 4th quarter dividend of 6 yen will be adjusted within the annual dividend range which is calculated with the consolidated net income and the basic dividend payout ratio (25%-30%). However, even if the basic dividend ratio exceeds 30%, minimum 20-yen annual dividend payout will be guaranteed.
| Company Name | SUMIDA CORPORATION |
| Representative | Shigeyuki Yawata, Chief Executive Officer (CEO) (Code 6817, 1st Section, Tokyo Stock Exchange) |
| PR/IR Team | +81-3-6758-2473 |