Trend Micro announced today that year-end cash dividend per share would be as follows. The effecting of the resolution is conditional on the agenda item being approved at the 26th ordinary general meeting of shareholders on March 26, 2015.
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.
Our basic policy on dividends has been set as 65% of consolidated net income until FY2013. We have planned to pay a year-end dividend on the basis of a dividend ratio of 70% of consolidated net income since FY2014.