Dividend Policies
Marubeni recognizes that its important corporate responsibilities lie in paying stable dividends to shareholders in a consistent manner as well as maximizing corporate value and competitiveness by building up and effectively utilizing internal reserves. With regard to dividends, the Company applies a new basic policy to determine dividend aiming for consolidated payout ratio around 15%, based on the principle of linking dividend to the company’s business results for each term, in consideration of a clear profit distribution to our shareholders.
Cash dividends (as of January, 2008)
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|
Cash Dividend per Share |
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|
|
Common Stock |
Class I Preferred Stock |
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|
Yearly (Interim amount inclusive) |
Interim dividend |
Yearly (Interim amount inclusive) |
Interim dividend |
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|
FY2007 |
JPY 12.00 (estd.) |
JPY 6.00 |
- |
- |
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|
FY2006 |
JPY 10.00 |
JPY 3.50 |
JPY 10.00 (*) |
JPY 10.00 |
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|
FY2005 |
JPY 7.00 |
JPY 2.00 |
JPY 20.00 |
JPY 10.00 |
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|
FY2004 |
JPY 4.00 |
- |
JPY 20.00 |
- |
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|
FY2003 |
JPY 3.00 |
- |
JPY 5.85 |
- |
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|
FY2002 |
JPY 3.00 |
- |
- |
- |
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|
FY2001 |
- |
- |
- |
- |
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(*) All of the first series of Class I Preferred Stock has been converted to common stock as of March 19, 2007. Thus there is no year-end payout of dividends for Class I Preferred Stock for FY2006.
