Announcement on the Payment of Interim Dividends from Retained Earnings
Tokyo Electron Limited (hereinafter Company) has resolved at the meeting of the Board of Directors held on October 28, 2011 to pay interim dividends to shareholders of record as of September 30, 2011 as detailed below.
1. Details of Dividend Payments
| Dividend payments decided on October 28, 2011 |
Most recent dividends forecast (August 1, 2011) |
Dividends paid in previous fiscal year (Interim period for March 2011) |
|
| Record date | September 30, 2011 | September 30, 2011 | September 30, 2010 |
| Dividend per share(Yen) | 53 | 45 | 38 |
| Total dividends paid (Millions of yen) |
9,493 | - | 6,804 |
| Effective date | December 1, 2011 | - | December 1, 2010 |
| Source for 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 around 35% based on consolidated net income attributable to owners of parent. The consolidated results for the second quarter ended September 30, 2011 announced today showed an increase in first half results compared to most recent forecast figures, and consequently, the interim dividend was revised upward.
