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TOKYO, Dec 11, 2018 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) hereby announces that the Company has revised its forecast of term-end dividends, as in the table given below.
1. Changes in the forecast of dividends
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Dividend per share (Unit: yen)
End of 1Q End of 2Q End of 3Q Year-end Total
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Earlier forecast of dividends for 2018 (Announced on May. 29, 2018)
- 20.00 - 70.00 90.00
Revised forecast of dividends for 2018 (Announced on Dec 11, 2018)
- - - 100.00 120.00
Actual dividends for 2018
- 20.00 - - -
Actual dividends for 2017 (January - December 2017)
- 0.00 - 50.00 50.00
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Note1: SDK resolved payment of dividends of 30 yen per share based on the record date of May 11, 2017 at the extraordinary general meeting of shareholders held on June 27, 2017, and paid them.
2. Reason for the revision of dividend forecast
SDK has revised the forecast of term-end dividends per share to be paid based on the record date of Dec 31, 2018, taking collectively into account its policy on return to shareholders, stability in dividends, and the 2018 performance forecast.
Contact:
Contact:
Showa Denko K.K. Public Relations Office, Tel: +81-3-5470-3235.
Topic: Press release summary
Source: Showa Denko K.K.
Sectors: Chemicals, Spec.Chem
http://www.acnnewswire.com
From the Asia Corporate News Network
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