Canon Releases Notice Regarding Retained Earnings Dividend

From Canon:

June 26, 2013 - At a Board of Directors meeting held on June 26, 2013, Canon Inc. (the “Company”) passed a resolution regarding distribution of a retained earnings dividend, record date June 30, 2013, as follows.

1. Dividend Details

Determined amountMost recent dividend forecast
(Announced April 24, 2013)
Previous period result
(First half of fiscal year 2012)
Record dateJune 30, 2013June 30, 2013June 30, 2012
Dividend per share65 yenUndetermined70,270 million yen
Total dividend amount74,932 million yen 60 yen
Effective dateAugust 27, 2013 August 27, 2012
Dividend resourceRetained earnings Retained earnings

2. Reason
The Company works to provide a stable return and actively return profits to shareholders, mainly in the form of a dividend, taking into consideration medium-term profit forecasts along with planned future investments, cash flow and other factors. The Company plans to distribute an interim dividend of ¥65 per share for the fiscal year ending December 31, 2013 (the 113th Business Term), half the amount of the annual dividend paid out in fiscal year 2012 (includes commemorative dividend), to provide a stable return to shareholders. The year-end dividend, however, has yet to be decided.

Posted: 6/26/2013 7:24:04 AM CT   Posted By: Sean
Posted to: Canon News    Category: Canon Financial Results
Share on Facebook! Share on Twitter! Share on Pinterest! Email this page to a friend!
comments powered by Disqus
Help  |  TOU  |  © 2022 Rectangular Media, LLC  |  Bryan CarnathanPowered by Christ!