Primary contents from here.
March 25, 2024
OKASAN SECURITIES GROUP INC.
Year-End Dividends Planned for FY Ending March 2024 (86th Term)
Okasan Securities Group Inc. is pleased to announce that a meeting of its Board of Directors held on March 25, 2024 has adopted a resolution regarding year-end dividends planned for the fiscal year ending March 2024.
The formal decision of the year-end dividend is scheduled to be made at the Board of Directors held in mid-May this year. Details of the resolution are as follows.
Year-End Dividends for FY Ending March 2024 (86th Term)
| Year-end dividends for FY ending March 2024 (plan) |
Year-end dividends for FY ended March 2023 (results for the previous year) |
|
|---|---|---|
| Base date | March 31, 2024 | March 31, 2023 |
| Year-end dividends per share | 30 yen | 20 yen (Ordinary dividend 10 yen) (Commemorative dividend 10 yen) |
| Total dividends | 6,097 million yen | 4,102 million yen |
Note
Total dividends have been calculated based on the number of shares outstanding (excluding treasury stock) at the end of February, 2024.
Okasan Securities Group Inc. recognizes that returning profits to shareholders is an important responsibility of management. The Company distributes profits in light of performance, based on a fundamental policy of maintaining stable dividends. In addition, the Company has identified total shareholder return ratio of over 50% as target indicator for shareholder return, in order to achieve a balance between growth and return and to improve capital efficiency.(*) Based on these policies, Okasan Securities Group Inc. set year-end dividends for the fiscal year ending March 2024 at 30 yen per share.
The Company did not implement an interim dividend in the fiscal year.
- Okasan Securities Group Inc. implemented total amount of approximate 2,000 million yen of purchase of treasury shares in this fiscal year.