Toshiba Has Provisionally Decided to pay an Interim Dividend
OREANDA-NEWS. Toshiba Corporation has announces that, at a meeting of its board of directors held today, the company has provisionally decided to pay an interim dividend of 4 yen per share to shareholders recorded in the shareholder registry as of September 30, 2014.
The actual dividend will be confirmed at the Board of Directors to be held at the end of October.
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, while giving full consideration to such factors as the strategic investments necessary to secure medium - to long -term growth.
Toshiba have given full consideration to such factors as 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 September 30, 2014.
The year-end dividend will be considered by closely monitoring coming developments in the overall economy, the financial position of the Group and other relevant factors, and will be disclosed as soon as it has been determined.
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