Notice Concerning Payment of Dividends from Surplus Earnings (for the Third Quarter of the Fiscal Year Ending March 31, 2015)
Tokyo Electron Limited(Tokyo Electron) announces that at the board of directors' meeting on January 30, 2015, Tokyo Electron has resolved to pay dividends from surplus earnings (for the third quarter of the fiscal year ending March 31, 2015) to shareholders of record as of December 31, 2014 as stated below.
1.Details of Dividend Payments
|Amount resolved to be paid||Most recent
in the previous fiscal year
(for the third quarter of the fiscal year ended March 31, 2014)
|Shareholder registration date||December 31, 2014||-||-|
|Dividends per share||35 yen||-||-|
|Total dividends paid||6,273 million yen||-||-|
|Date dividends start to be paid||February 23, 2015||-||-|
|Source of funds to
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.
According to the above dividend policy, the dividends for the third quarter of the fiscal year ending March 31, 2015 has been determined in connection with the net income for the third quarter of the current fiscal year (for the three months from October 1, 2014 to December 31, 2014).
(Reference) Dividends Forecast
|Dividend per share|
|Shareholder registration date||1Q-end||2Q-end||3Q-end||Year-end||Total|
|Results for the year ending March 31, 2015||10 yen||30 yen||35 yen||-||-|
|Results for the year ended March 31, 2014||-||25 yen||-||25 yen||50 yen|
The dividends for the fourth quarter of the fiscal year ending March 31, 2015 is still tentative, because the date when the proposed business combination with Applied Materials, Inc. will be effected has not yet been determined.