Shin-Etsu Polymer Co.,Ltd. Proposes Dividend for the Year-End March 31, 2020, Payable on June 25, 2020
May 29, 2020 at 03:03 pm EDT
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Shin-Etsu Polymer Co.,Ltd. announced dividend for the year-end March 31, 2020, in comprehensive consideration of the business performance and future business developments, etc., the company proposes to pay a dividend of ¥10 per share. As a result, the annual dividend will total ¥18 per share, including the interim dividend paid of ¥8 per share, which is ¥2 higher than that for the previous fiscal year. Effective date of dividend from surplus is June 25, 2020.
Shin-Etsu Polymer Co.,Ltd. is a Japan-based company primarily engaged in the manufacture and sale of electronic devices, precision moldings, as well as dwelling environment and living materials. The Company operates in three business segments. The Electronic Device segment is engaged in the manufacture and sale of input devices, display related devices and component related products. The Precise Molded Item segment manufactures and sells semiconductor related containers and carrier tape related products, office automation equipment parts and silicon rubber molding products. The Dwelling Environment and Living Material segment provides exterior material related products, wrapping films, plastic sheets and functional compounds, among others. The Company is also engaged in the design and construction of buildings and stores, as well as the sale of other processed goods, among others.