Investors are bound to reap more money than expected with a 50 yen per share dividend increase over the original forecast.
☆ NintendObs Event – Nintendo FY3/2017.
Dividend decided:
Record date: March 31, 2017
Year-end dividend per share: 430 yen
Total dividend payment: 51,654 million yen
Effective date: June 30, 2017
Most recent dividend forecast (Announced on January 31, 2017):
Record date: March 31, 2017
Year-end dividend per share: 380 yen
Source: Nintendo JP.
Reason for modifications
The annual dividend per share for the fiscal year ended March 31, 2017, in accordance with the current policy, is established at the higher of the amount calculated by dividing 33% of consolidated operating profit for the fiscal year by the total number of outstanding shares, excluding treasury stock, as of the end of the fiscal year rounded up to the 10 yen digit, or the amount calculated based on the 50% consolidated payout ratio rounded up to the 10 yen digit.
Based on the results announced in “Consolidated Financial Statements” released on April 27, 2017, the annual dividend per share and the year-end dividend per share for the fiscal year ended March 31, 2017 are going to be 430 yen.
Source: Nintendo JP.
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