TOKYO, Japan - October 26, 2016 - ORIX Corporation, a leading integrated financial services group, announced that a resolution has been formally reached at a meeting of the Board of Directors held today with regards to the interim dividend for the fiscal year ending March 31, 2017("FY2017.3"). The year-end dividend forecast for FY2017.3 is also included in this announcement as below.
-
Interim Dividend Detail for the FY2017.3
Amount Decided
Previous Dividend Forecast (Announced on May 10, 2016)
Dividend Paid for the Previous Year (FY2016.3)
Record Date
September 30, 2016
September 30, 2016
September 30, 2015
Dividend Per Share
23.00 yen
23.00 yen
22.00 yen
Total Dividend Amount
30,157 million yen
―
28,846 million yen
Effective Date
December 2, 2016
―
December 2, 2015
Source of Dividend
Retained earnings
―
Retained earnings
-
Basic Profit Distribution Policy
The year-end dividend forecast for the FY2017.3 has been determined following consideration of the optimal balance between securing capital for investment in future profit growth and return to the shareholders.
- Year-End Dividend Forecast for the FY2017.3
The year-end dividend for FY2017.3 is forecasted at 28 yen per share.
Reference:Dividend Per Share | |||
Interim | Fiscal Year End | Full Year | |
Dividend Forecast | - | 28yen | 51yen |
FY2017.3 | 23yen | - | - |
FY2016.3 | 22yen | 23.75yen | 45.75yen |
Contact Information:
ORIX Corporation
Corporate Planning Department Tel: +81-3-3435-3121
About ORIX:
ORIX Corporation (TSE: 8591; NYSE: IX) is an opportunistic, diversified, innovation-driven global powerhouse with a proven track record of profitability. Established in 1964, ORIX at present operates a diverse portfolio of businesses in the operations, financial services, and investment spaces. ORIX's highly complementary business activities span industries including: energy, private equity, infrastructure, automotive, ship and aircraft, real estate and retail financial services. ORIX has also spread its business globally by establishing locations in a total of 37 countries and regions across the world. Through its business activities, ORIX has long been committed to corporate citizenship and environmental sustainability. For more details, please visit our website: http://www.orix.co.jp/grp/en/
Caution Concerning Forward Looking Statements:
These documents may contain forward-looking statements about expected future events and financial results that involve risks and uncertainties. Such statements are based on our current expectations and are subject to uncertainties and risks that could cause actual results to differ materially from those described in the forward-looking statements. Factors that could cause such a difference include, but are not limited to, those described under "Risk Factors" in the Company's annual report on Form 20-F filed with the United States Securities and Exchange Commission and under "4. Risk Factors" of the "Summary of Consolidated Financial Results" of the "Consolidated Financial Results April 1, 2015 - March 31, 2016."
ORIX Corporation published this content on 26 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 October 2016 06:41:02 UTC.
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