Notice Concerning Dividends for FY2019
Toyota Industries Corporation announces a resolution of the Board of Directors meeting held on April 26, 2019, concerning the dividends for FY2019 as follows. It will be proposed at the 141st Ordinary General Meeting of Shareholders to be held on June 11, 2019.
1.Details of dividends
Year-end dividend for FY 2019 (Proposal) | Recent forecast (As of April 27, 2018) | Year-end dividend for FY 2018 (Actual) | |
---|---|---|---|
Record Date | March 31, 2019 | March 31, 2019 | March 31, 2018 |
Dividend per share | 80.00 yen | 75.00 yen | 80.00 yen |
Total amount of dividends |
24,838 million yen | — | 24,838 million yen |
Effective date | June 12, 2019 | — | June 13, 2018 |
Source of dividends | Retained earnings | — | Retained earnings |
2.Reason for the dividend amount
Toyota Industries is to meet the expectations of shareholders for continuous dividends while giving full consideration to business performance, funding requirements and the dividend payout ratio. Toyota Industries plans to pay a year-end cash dividend of 80 yen per common share.
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Detail of dividends through the fiscal year
Dividends per share (yen) | |||
---|---|---|---|
Record Date | Interim dividend | Year-end dividend | Annual dividend |
Dividends for FY 2019 | 75.00 (Actual) |
80.00 (Proposal) |
155.00 (Proposal) |
Dividends for FY 2018 (Actual) |
70.00 | 80.00 | 150.00 |