We would like to announce that we have resolved at BOD today to pay interim dividends from retained earnings as of June 30, 2022.
1.
Interim Dividends
(1)
Description of Interim Dividends
Most recent forecast
Dividends
of dividends (released
Previous Period
on May 21, 2022)
Ex-dividend date
Jun.30, 2022
Same as left
Jun.30, 2021
Cash dividends
4.50 yen
Same as left
3.50 yen
per share
Amount of
432 million yen
-
336 million yen
dividend paid
Effective Date
September 6, 2022
-
September 6, 2021
Source of
Retained earnings
-
Retained earnings
dividends
(2) Background
Distribution of midterm dividends is 4.5 yen per share in line with the dividend forecast announced on May 12, 2022, which increased by one yen from last year.
(Reference) Year-end dividends forecast
We would like to keep the year-end dividends forecast as following chart.
Dividends per shares (yen)
Interim
Year-end
Year total
dividend
dividend
Previous forecast
4.50
4.50
9.00
Forecast on this time
4.50
9.00
Result in this fiscal year
4.50
Result of last year (Dec. 2021)
3.50
3.50
7.00
Year-end dividend forecast has not been changed from the forecast announced on May 12, 2022.
(Reference)Evolution of dividends (yen)
FY2018
FY2019
FY2020
FY2021
FY2022
Dec.
Dec.
Dec.
Dec.
Dec.
12 months
12 months
12 months
12 months
12 months
(Result)
(Result)
(Result)
(Result)
(Plan)
Interim
2.50
3.50
1.00
3.50
4.50
dividend
Year-end
4.50
3.50
2.50
3.50
4.50
dividend
Year total
7.00
7.00
3.50
7.00
9.00
Payout ratio
3.9%
14.7%
11.8%
16.9%
17.0%
End
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Ichikoh Industries Ltd. published this content on 08 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 August 2022 08:03:04 UTC.
ICHIKOH INDUSTRIES, LTD. is a Japan-based company mainly engaged in the manufacture and sale of automobile components. The Company operates in two business segments. The Automotive Parts business segment is mainly engaged in manufacture and sales of automotive lighting products and mirror products to automobile manufacturers. The Supplies business segment is engaged in manufacture and sales of automotive valves and wipers mainly for the aftermarket.