May 12, 2021
Company | Takamatsu Construction Group Co., Ltd |
Representative | Hirotaka Takamatsu, President and Representative Director |
of the Board | |
Stock code: | 1762 |
Contact | Masahiro Shimabayashi, Senior Director, Group Integration |
Division | |
Notice concerning Dividend
At the Directors of the Board Meeting held today, the Company resolved to distribute the following year end dividend for the fiscal year that ended March 31, 2021.
１．Dividend payment details
Latest dividend forecast | Previous term results | ||
Resolved Amount | （Fiscal year ended | ||
（May 27, 2020） | |||
March 31, 2020） | |||
Reference date | March 31, 2021 | March 31, 2021 | March 31, 2020 |
Year-end dividend per share | 40.00 yen | 40.00 yen | 40.00yen |
(ordinary dividend:40.00 yen) | (ordinary dividend:40.00 yen) | (ordinary dividend:40.00 yen) | |
Total year-end dividend | 1,392 million yen | － | 1,392 million yen |
Effective date | June 24, 2021 | － | June 25, 2020 |
Dividend resource | Retained earnings | － | Retained earnings |
２．Reason
Distributing earnings to shareholders is one of our highest priorities. We will pursuit disciplined capital policy by seeking the optimized balance between strengthening management basis towards eternal growth of the Group and the steady distribution of profits to our shareholders. Our basic policy is to maintain stable dividend payments to improve shareholder distribution while retained earnings will be used effectively from a medium to long term perspective with the primary objective to strengthen our management structure and to build a sound base for future operations.
For the fiscal year ended March 2021, we declare an annual dividend of 63 yen per share, which is the same amount as our announcement at the beginning of the year, with the dividend payout ratio of 29.4%.
（Reference）Breakdown of annual dividend
Dividend per share | |||
Reference date | End of 2Q | End of FY | Annual |
Results for the current fiscal | 40.00 yen | 63.00 yen | |
year (fiscal year ended March | 23.00 yen | ||
(ordinary dividend:40.00 yen) | (ordinary dividend:63.00 yen) | ||
31,2021) | |||
Results for the previous fiscal | 40.00 yen | 63.00 yen | |
year (fiscal year ended March | 23.00 yen | ||
(ordinary dividend:40.00 yen) | (ordinary dividend:63.00 yen) | ||
31, 2020) | |||