Dividend Policy
Dividend Policy
One of TonenGeneral's management priorities is meeting the expectations of shareholders for balanced returns on their investment, with the goal of steady medium- and long-term growth in shareholder value. TonenGeneral therefore has a basic policy of paying stable dividends after considering issues such as consolidated cash flow and future capital expenditures in order to maintain sound finances.
Dividend Payments
Based on the above policy, TonenGeneral plans to pay a dividend of 38 yen/share for 2010.
| 2005 | 2006 | 2007 | 2008 | 2009 | |
|---|---|---|---|---|---|
| Dividend per share (Yen/share) | 36.5 | 37.0 | 37.5 | 38.0 | 38.0 |
| Dividend yield * | 2.9% | 3.1% | 3.4% | 4.2% | 4.9% |
- * Dividends per common share/Market price of common share at year end