Suntory Beverage & Food Ltd. TSE:2587
Suntory Beverage & Food : Notice of Dividend of Surplus
Source: MarketScreener
February 14, 2022 | |
Company name: | Suntory Beverage & Food Limited |
Shares listed: | First Section, Tokyo Stock Exchange |
Securities code: | 2587 |
Representative: | Kazuhiro Saito, Chief Executive Officer |
Inquiries: | Finance Department, Corporate Strategy Division |
TEL: +81-3-5579-1837 (from overseas) |
Notice of Dividend of Surplus
Suntory Beverage & Food Limited (Company) hereby announces that it has resolved at its meeting of the Board of Directors held today to propose the payment of a dividend of surplus with the record date being December 31, 2021 at the 13th Ordinary General Meeting of Shareholders scheduled on March 25th, 2022 as described below.
１．Details of Dividends
Latest forecast for | Actual in the previous | ||
Amount decided | fiscal year | ||
dividend | |||
（end Dec 31, 2020） | |||
Record date | December 31, 2021 | December 31, 2021 | December 31, 2021 |
Dividend per share | JPY 39.00 | JPY 39.00 | JPY 39.00 |
Total dividends | JPY 12,050 million | － | JPY 12,050 million |
Effective date | March 28, 2022 | － | March 30, 2021 |
Dividend resource | Accumulated profit | － | Accumulated profit |
2．Reasons
The Company believes its prioritization of strategic investments as well as capital expenditures for sustainable revenue growth and increasing the value of its business will benefit its shareholders. In addition, the Company views an appropriate shareholder return as one of its core management principles. While giving due consideration to providing a stable return and maintaining robust internal reserves for the future, the Company intends to pursue a comprehensive shareholder return policy that also takes into account its business results and future funding needs.
Considering the business results and environment, a year-end dividend for the fiscal year ended December 31, 2021 is planned to be JPY39.00 per share. This is subject to approval at the Ordinary General Meeting of Shareholders scheduled on March 25th, 2022.
（For reference）Breakdown of annual dividends
Dividends per share | ||||
Record date | End of second quarter | End of fiscal year | Total | |
Fiscal year ended | JPY39.00 | JPY39.00 | JPY78.00 | |
(December 31, 2021) | ||||
Fiscal year ended | JPY39.00 | JPY39.00 | JPY78.00 | |
(December 31, 2020) | ||||