Notice Concerning Payment of Dividends from Surplus (for the Fiscal Year Ended March 31, 2022)
Tokyo Electron (TEL) announced that its Board of Directors held on May 12, 2022 resolved to pay year-end dividends for the fiscal year ended March 31, 2022 from surplus to the shareholders registered as of March 31, 2022 as below.
1. Details of dividend payments
| Amount resolved to be paid | Most recent dividends forecast (announced on February 10, 2022) |
Dividends paid in previous fiscal year (Ended March 31, 2021) |
|
|---|---|---|---|
| Shareholder registration date | March 31, 2022 | March 31, 2022 | March 31, 2021 |
| Dividends per share | 760 yen | 693 yen | 421 yen |
| Total dividends to be paid | 118,833 million yen | － | 65,746 million yen |
| Payment date | May 31, 2022 | － | May 28, 2021 |
| Source of funds to pay dividends | Retained earnings | － | Retained earnings |
2. Reason
TEL’s dividend policy is to link dividend payments to business performance on an ongoing basis and a payout ratio is around 50% based on net income attributable to owners of parent. On the basis of the consolidated results for the fiscal year ended March 31, 2022 announced today, TEL has revised upward the year-end dividends forecast announced on February 10, 2022.
(Reference) Total annual dividends paid for the fiscal year ended March 31, 2022
| Dividends per share | |||
|---|---|---|---|
| Shareholder registration date | Interim period | End of fiscal year | Total annual dividends |
| Results for the fiscal year ended March 31, 2022 | 643 yen | 760 yen | 1,403 yen |
| Results for the fiscal year ended March 31, 2021 | 360yen | 421yen | 781yen |
