Announcement of Cash Dividends for the Fiscal Year Ended March 31, 2009
May 13, 2009
This is to announce that Nikon Corporation resolved at the meeting of Board of Directors held on May 13, 2009 to propose the year-end dividends as of March 31, 2009 as described below at General Shareholder's Meeting which is scheduled to be held on June 26, 2009.
1.Reason for dividend
Nikon 's basic dividend policy is to pay a continuously stable dividend reflecting more of business performance as well as expanding the investment for future growth and strengthening of competitiveness. More specifically, its present goal is to provide a total return ratio of 25% or more. Based on the above policy, Nikon set the year-end dividends at 5.5 yen per share, a decrease of 7 yen from the latest forecast.
As a result of this decrease, cash dividends for the fiscal year ended March 31, 2009 will be 18 yen per share, a dividend payout ratio of 25.4%, and a decrease of 7 yen from previous fiscal year.
2. Contents of the dividends
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Cash dividends resolved to be distributed | Latest forecast (announced on February 5, 2009) | Cash dividends for the fiscal year ended March 31, 2008 | |
Record dates | March 31, 2009 | Same as on left | March 31, 2008 |
Cash dividends per share | 5.5yen | 12.5yen | 13.5yen |
Total amount of dividends | 2,180 million yen | - | 5,391 million yen |
Effective date | June 29, 2009 | - | June 30, 2008 |
Resource of dividends | Retained earnings | - | Retained earnings |
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Dividend per Share | |||
Record Dates | Interim-end | Year-end | Annual total |
Results of this fiscal year 2008 | 12.5yen | 5.5yen | 18yen |
Results of previous fiscal year 2007 | 11.5yen | 13.5yen | 25yen |
The information is current as of the date of publication. It is subject to change without notice.