Trend Micro announced today that year-end cash dividend per share would be as follows. The effecting of the election is conditional on the agenda item being approved at the 25th ordinary general meeting of shareholders on March 26, 2014.
1. Reason for an increase of cash dividend
We intend to continue to return profits to shareholders based on our net profits on a consolidated basis while striving to enhance financial strength and secure inner reserves in order to deal with the significantly changing business environment and maintain a competitive edge against competitors.
We have continued to pay a year-end dividend on the basis of a dividend ratio of 65% of consolidated net income since FY2011. Ordinary dividend per share in FY2013 is 95 yen. In addition to it, the fiscal year ending December 31, 2013, as a special dividend of the 25th anniversary of the Company’s initiation, the company plans to award a commemorative dividend of 30 yen per share.
As a result, the total amount of dividend per share is 125 yen for the fiscal year ending December 31, 2013.