February 22, 2022 | |
Company | Japan Investment Adviser Co., Ltd. |
Representative | Naoto Shiraiwa, President & CEO |
(TSE First Section, Stock Code: 7172) | |
Contact | Board Director, Takeshi Sugimoto |
TEL. | 81-3-6550-9307 |
Notice of Payment of Dividends
Japan Investment Adviser Co., Ltd. ("the Company") announces that it has resolved in the Board of Directors meeting held on February 22, 2022, to submit a proposal of dividends with a record date of December 31, 2021 as described below at the 16th Annual General Meeting of Shareholders which will be held on March 29, 2022.
1. Details of Dividends
Dividend paid at the | ||||||||||
Amount determined | Most recent dividend forecast | |||||||||
(announced on February 10, 2021) | end of FY2020 | |||||||||
Record date | December 31, 2021 | December 31, 2021 | December 31, 2020 | |||||||
Dividend per share | 16.00 yen | 16.00 yen | 16.00 yen | |||||||
Total amount of | 483 million yen | ― | 480 million yen | |||||||
dividends | ||||||||||
Effective date | March 30, 2022 | ― | March 29, 2021 | |||||||
Source of dividends | Retained earnings | ― | Retained earnings | |||||||
2. Reasons for Dividends
Returning profits to shareholders is one of our highest priorities and the Company also places great importance on our dividend policy. The basic policy for the distribution of surplus is to pay dividends in consideration of the balance between performance-linked and stable dividends, while securing the necessary internal reserves for future business development and strengthening our financial base.
In view of the above policy, the Company plans to pay a year-end dividend of 16 yen per share for the fiscal year ended on Dec. 31, 2021, which makes an annual dividend of 32 yen per share including the interim dividend (Same amount as previous period).
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3. Dividends Forecast for the Fiscal Year Ending December 31, 2022
For the fiscal year ending Dec. 31, 2022, the Company plans to pay an interim dividend of 16 yen per share, a year-end dividend of 16 yen per share, and an annual dividend of 32 yen per share (consolidated payout ratio: 32.1%), the same amount as the fiscal year ended on Dec. 31, 2021, with an emphasis on stable dividends.
（Reference）Annual Dividends
Record date | Dividend per share | Consolidated | ||||||||||||||
Interim | Year - end | Total | payout ratio | |||||||||||||
December | 31, | 2022 | 16.00 yen | 16.00 yen | 32.00 yen | 32.1% | ||||||||||
(forecast) | ||||||||||||||||
December | 31, | 2021 | 16.00 yen | 16.00 yen * | 32.00 yen | 33.0% | ||||||||||
(result) | ||||||||||||||||
December | 31, | 2020 | 16.00 yen | 16.00 yen | 32.00 yen | 25.0% | ||||||||||
(result) | ||||||||||||||||
Note: To be proposed at the 16th Ordinary General Meeting of Shareholders to be held on March 29, 2022.
Inquiries: PR/IR group
TEL: 81-3-6550-9307
ends
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