IR News|News
Notice Concerning Dividend for the Fiscal Year Ended March 31, 2007
Release Date : 2007/05/09
Benesse Corporation today announced that its Board of Directors, meeting today, has decided to pay a year-end dividend for the fiscal year ended March 31, 2007 as follows:
1.The Year-end Dividend for the fiscal year ended March 31, 2007
Date of Record: March 31, 2007
Year-end Ordinary Dividend per Share: 45 yen
Total amount of Dividend: 4,621 million yen
Effective Date: June 25, 2007
Date of Record: March 31, 2007
Year-end Ordinary Dividend per Share: 40 yen
Total amount of Dividend:-
Effective Date:-
Date of Record: March 31, 2006
Year-end Ordinary Dividend per Share: 40 yen
Total amount of Dividend: 4,099 million yen
Effective Date: June 26, 2006
2.Our Basic Dividend Policy
Benesse has decided to ensure steady profit returns to shareholders based on its stated policy of achieving a dividend payout ratio of at least 35%.
Furthermore, Benesse consider the possibility of more profit return to shareholders as much as possible while taking into account future business trend, our recent cash demand, and other overall factors.
The first benefits of a series of reforms implemented by Benesse emerged during fiscal 2006, leading to projections of higher earnings for four consecutive terms. Consequently, in line with one of our most prioritized management policy of returning profit to shareholders more actively, Benesse has resolved to propose an increase in the year-end dividend for fiscal 2006 to 45.0 yen per share.
(Reference) Annual Dividend per Share
Interim: 40 yen
Year-end: 45 yen
Full-Year: 85 yen
Interim: 40 yen
Year-end: 40 yen
Full-Year: 80 yen
Interim: 35 yen
Year-end: 40 yen
Full-Year: 75 yen