Notice Concerning Payment of Interim Dividends from Retained Earnings
Tokyo Electron Limited(TEL) announced today that at the meeting of the Board of Directors held on November 2, 2010, it passed a resolution to pay interim dividends to shareholders of record as of September 30, 2010.
1. Details of Dividend Payments
| Amount | Most recent dividends forecast (July 30, 2010) |
Dividends paid in previous fiscal year (interim period for March 2010) |
|
| Shareholder registration date |
September 30, 2010 | Same as left | September 30, 2009 |
| Dividend per share | 38 yen | 34 yen | 4 yen |
| Total dividends paid | 6,804 million yen | - | 715 million yen |
| Date dividends start to be paid | December 1, 2010 | - | December 1, 2009 |
| Source of funds to pay dividends |
Retained earnings | - | Retained earnings |
2. Reason for the upward adjustment
The dividend policy of the Company is to link dividend payments to business performance and earnings on an ongoing basis. Its basic policy for returning profits to shareholders is to maintain a payout ratio of 20% based on consolidated net income attributable to owners of parent. The consolidated performance for the first half of the current fiscal year announced today included income higher than initially projected, and consequently, the interim dividend was revised upward.
In addition, the predicted year-end dividend was revised as discussed in the notice entitled TEL Amends Dividend Policy and Revises Dividend Forecast.
