Return to shareholders and Dividends
Dividend Policy
The Company considers the payment of dividends as an important obligation to its shareholders. The Company’s basic policy is to decide on dividends after considering the profit level for the term and the need for internal reserve to be used in future business expansions.
The internal reserve will be used for capital investment in businesses in the “growth-accelerating” category to ensure sustainable growth of profit. The internal reserve will also be used for R&D and for measures to improve financial strength.
Trends of Dividends
(Unit; yen)
| 2015 | 2016* | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 forecast |
|
|---|---|---|---|---|---|---|---|---|---|---|
| Q2 dividends per share | － | － | － | 20.0 | 50.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| End of term dividends per share | 3.0 | － | 50.0 | 100.0 | 80.0 | 65.0 | 65.0 | 65.0 | 65.0 | 65.0 |
| Annual dividends per share | 3.0 | － | 50.0 | 120.0 | 130.0 | 65.0 | 65.0 | 65.0 | 65.0 | 65.0 |
- * Until 2021, the dividend amount of the former Showa Denko K.K. are shown above table.
- * SDK (currently Resonac Holdings Corporation) consolidated every ten shares of its common stock into one share on July 1, 2016. 2016 number was culculated on the basis of the number of outstanding shares after this consolidation. SDK (currently Resonac Holdings Corporation) paid a dividend of 30 yen per share based on the record date of May 11, 2017 at the extraordinary general meeting of shareholders held in June 2017. 2022 forecast was announced on February 14, 2022.