Toshiba Corporation Notice of Planned Year-End Dividend for FY2013 (6505C)
March 19 2014 - 2:00AM
UK Regulatory
TIDMTOS
RNS Number : 6505C
Toshiba Corporation
19 March 2014
March 19, 2014
Hisao Tanaka
President & CEO
Toshiba Corporation
1-1-1 Shibaura, Minato-ku, Tokyo, Japan
Contact: Naoto Hasegawa, General Manager
Public Relations & Investor Relations Office
Tel: 81 3 3457 2096
Notice of Planned Year-End Dividend for Fiscal Year Ending March
31, 2014
TOKYO-Toshiba Corporation has announced that its Board of
Directors, meeting today, provisionally decided to pay a dividend
of 4 Japanese yen per share to shareholders recorded in the
shareholder register as of March 31, 2014.
The actual dividend will be decided at the Board of Directors'
meeting to be held in May.
Dividends per share
Record date Interim Year-end Full year
(September (March 31)
30)
------------ ------------ ------------
Previous forecast - Not decided Not decided
------------ ------------ ------------
Updated Plan - 4 Yen 8 Yen
------------ ------------ ------------
Actual dividends for 4 Yen - -
FY 2013 ended March
2014
------------ ------------ ------------
Actual dividends for 4 Yen 4 Yen 8 Yen
FY 2012 ended March
2013
------------ ------------ ------------
Reason for decision
Toshiba's basic policy on profit distribution rests on seeking
to achieve continuous increases in the actual dividend payments, in
line with a payout ratio in the region of 30 percent on a
consolidated basis. We have given full consideration to such
factors as the strategic investments necessary to secure medium- to
long-term growth, the company's performance, the financial position
of the Group and our shareholders' expectations, and provisionally
decided to pay a year-end dividend of 4 yen per share for
shareholders recorded in the shareholder registry on March 31,
2014.
Disclaimer:
This report of business results contains forward-looking
statements concerning future plans, strategies and the performance
of Toshiba Group. These statements are based on management's
assumptions and beliefs in light of the economic, financial and
other data currently available. Since Toshiba Group is promoting
business under various market environments in many countries and
regions, they are subject to a number of their risks and
uncertainties. Toshiba therefore wishes to caution readers that
actual results might differ materially from our expectations. Major
risk factors that may have a material influence on results are
indicated below, though this list is not necessarily
exhaustive.
-- Major disasters, including earthquakes and typhoons;
-- Disputes, including lawsuits, in Japan and other countries;
-- Success or failure of alliances or joint ventures promoted in
collaboration with other companies;
-- Success or failure of new businesses or R&D investment;
-- Changes in political and economic conditions in Japan and
abroad; unexpected regulatory changes;
-- Rapid changes in the supply and demand situation in major
markets and intensified price competition;
-- Significant capital expenditure for production facilities and
rapid changes in the market;
-- Changes in financial markets, including fluctuations in
interest rates and exchange rates.
# # #
This information is provided by RNS
The company news service from the London Stock Exchange
END
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