Daiwa Securities Group Inc
26 April 2006
April 26, 2006
Daiwa Securities Group Inc.
Notice Regarding FY2005 Year-end Dividend
Attention
This document is an unofficial translation of a press release announced on April
26, 2006, by Daiwa Securities Group Inc. The original press is in Japanese.
Daiwa Securities Group Inc. (the 'Company') has informally decided on FY2005
year-end dividend as stated below. That will be officially resolved at the Board
of Directors meeting on May 18, 2006, and the Company will commence payment of
dividends from June 1.
The Company will pay dividends semiannually at a pay-out ratio of approximately
30% based on the consolidated financial performance. Pursuant to that policy,
the Company will be paying a dividend of 22 yen per share for the second half of
FY2005, reflecting its favorable earnings results.
Since the Company paid a dividend of 12 yen per share for the first half of the
fiscal year, the annual dividend comes to be 34 yen per share, a 21 yen increase
from the previous fiscal year. The consolidated pay-out ratio stands at 30.9%
for the second half of the year and 32.2% for the full year.
Dividend for the past three fiscal years
Interim Dividend Year-end Dividend Annual Dividend Pay-out ratio*
Fiscal Year 2003 - JPY10.00 JPY10.00 31.2%
Fiscal Year 2004 JPY5.00 JPY8.00 JPY13.00 32.8%
Fiscal Year 2005 JPY12.00 JPY22.00 JPY34.00 32.2%
(scheduled) (scheduled) (scheduled)
*Consolidated basis
• Historical high annual dividend per share: 14 yen (FY1989 and FY1990)
End
This information is provided by RNS
The company news service from the London Stock Exchange ND
DIVPUUUACUPQUAQ