Notice Concerning Payment of Interim Dividends from Surplus Earnings (for the First Half of the Fiscal Year Ending March 31, 2016)
Tokyo Electron Limited(TEL) announced that on October 27, 2015, its Board of Directors had passed a resolution to pay interim dividend from surplus earnings (for the first half of the Fiscal Year Ending March 31, 2016) to shareholders of record as of September 30, 2015 as below.
|Amount resolved to be paid||Most recent |
（announced on July 28, 2015)
|Dividends paid |
in previous fiscal year
(sum of the 1Q and 2Q dividends of the Fiscal Year Ended March 2015)*
|Shareholder registration date||September 30, 2015||September 30, 2015||June 30, 2014/ |
September 30, 2014
|Dividends per share||125yen||105yen||40yen|
|Total dividends paid||20,823 million yen||－||7,169 million yen|
|Date dividends start to be paid||November 30, 2015||－||August 20, 2014/ |
December 1, 2014
|Source of funds to pay dividends||Surplus earnings||－||Surplus earnings|
*We implemented quarterly dividends in the previous fiscal year. Dividends paid in previous fiscal year stated above were as the sum of the first quarter and the second quarter dividends.
2. Reason for the upward adjustment
The dividend policy of the Company is to link dividend payments to business performance on an ongoing basis. Its basic policy for returning profits to shareholders is to maintain a payout ratio of around 50% based on consolidated net income attributable to owners of parent. The consolidated results for the first half of the current fiscal year announced today showed an increase in the first half results compared to the most recent forecast figures, and consequently, the dividends for the first half was revised upward.