Notice Concerning Payment of Interim Dividends from Surplus Earnings (for the First Half of the Fiscal Year Ending March 31, 2019) | News Room

Tokyo Electron (TEL) announced that on October 31, 2018, 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, 2019) to shareholders of record as of September 30, 2018 as below.

1. Details of Dividend Payments

	Amount resolved to be paid	Previous forecast(announced on April 25, 2018)	Dividends paid in previous fiscal year ( first half of the Fiscal Year Ended March 2018)
Shareholder registration date	September 30, 2018	September 30, 2018	September 30, 2017
Dividends per share	413 yen	390 yen	277 yen
Total dividends paid	67,806 million yen	-	45,450 million yen
Date dividends start to be paid	November 26, 2018	-	November 27, 2017
Source of funds to pay dividends	Surplus earnings	-	Surplus earnings

2. Reason

The dividend policy of TEL 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 compared to the previous forecast, and consequently, the dividends for the first half was revised upward.

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