Osaka Soda Co., Ltd.
Notice Regarding Revision of Dividends of Surplus (Interim Dividend) and Forecast for Year-end Dividend
Announced revision to interim dividend to 16 yen and year-end dividend to 16 yen. Raised annual dividend to 32 yen, increasing previous forecasts by 1 yen each, to be financed from retained earnings. Record dates and effective dates are also specified.
Key Figures
- Dividend per share (interim): 16.00 yen
- Dividend per share (year-end): 16.00 yen
- Total dividends: 1,924 million yen
AI要約
Change in Financial Results and Dividend Policy
Under a policy prioritizing shareholder returns, the dividend forecasts for the second quarter-end and full year have been revised. The second quarter-end dividend is set at 16 yen, and the plan for second quarter-end plus year-end is raised to 32 yen, with a progressive return ratio target of 70% stated in the medium-term management plan. Record dates and effective dates are specified, and the policy to use retained earnings as the funding source is explained.
Impact on Shareholders and Future Outlook
With this revision, the annual dividend per share will be 32 yen, a 2 yen increase from the previous forecast. The company will continuously evaluate the stability of the payout ratio depending on future performance trends. Specific dates (record date and effective date) are provided, and the numerical basis as of now is presented.
Osaka Soda Co., Ltd.
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