[This is an English translation of the original text written in Japanese]
May 21, 2021
LIXIL Corporation Kinya Seto
Representative Executive Officer, President and CEO (First Section of TSE/NSE, code 5938)
(Contact): Kayo Hirano
Senior Vice President, Leader, Investor Relations Office
Announcement Regarding Dividend
for the Fiscal Year Ended March 31, 2021
LIXIL Corporation (hereinafter "LIXIL") made a resolution on the following dividend payment for shareholders on record as of March 31, 2021 at its Board of Directors Meeting convened today.
1. Details of year-end dividend
Most recent dividend | Dividend paid for the | |||||||||
forecast | ||||||||||
Determined amount | fiscal year ended | |||||||||
(Disclosed on | ||||||||||
March 31, 2020 | ||||||||||
April 30, 2021) | ||||||||||
Record date | March 31, 2021 | March 31, 2021 | March 31, 2020 | |||||||
Year-end | ||||||||||
dividend per | 40 yen | 40 yen | 35 yen | |||||||
share | ||||||||||
Total dividend | 11,609 million yen | - | 10,154 million yen | |||||||
Effective date | June 7, 2021 | - | June 30, 2020 | |||||||
Source of | Retained earnings | - | Retained earnings | |||||||
dividend | ||||||||||
2. Reason
LIXIL has a policy of maintaining a dividend payout ratio of over 30% on a consolidated basis. LIXIL resolved to pay a year-end dividend of 35 yen per share (70 yen per share including interim dividend) for the fiscal year ended March 31, 2021.
(Reference) Details of annual dividend
Dividend per share (yen) | |||||||||||
Record date | September 30 | March 31 | Annual | ||||||||
(Interim) | (Year-end) | ||||||||||
Results for the fiscal year ended March 31, | 35 yen | 40 yen | 75 yen | ||||||||
2021 | |||||||||||
Results for the fiscal year ended March 31, | 35 yen | 35 yen | 70 yen | ||||||||
2020 (previous fiscal year) | |||||||||||
End |
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Disclaimer
LIXIL Group Corporation published this content on 21 May 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 May 2021 06:32:05 UTC.