Dividend Information
Dividend Policy
First Brothers recognizes that distributing profits to shareholders is an important management responsibility.
Our basic policy is to consistently pay stable dividends once a year, in the form of year-end dividends, that are unaffected by short-term fluctuations in financial performance based on a target dividend on equity ratio (DOE) of 2.0%. Further, to ensure shareholder returns commensurate with financial performance and enhance ROE and other capital efficiency indicators, we have decided to pay interim dividends as well from the fiscal year ending November 30, 2024, if profit attributable to owners of parent in the fiscal year immediately preceding the year in question exceeds 2.0 billion yen, in the amount equivalent to 40% of the excess profit.
| Base Date | Payment Date |
|---|---|
| May 31 (interim dividend) |
Early August *1 |
| November 30 (year-end dividend) |
Early February |
Dividend History
| Base period | Dividend per Share |
|---|---|
|
FY2024 (Forecast) |
¥33.00 (interim dividend) ¥34.00 (year-end dividend) |
|
FY2023 |
¥32.00 |
| FY2022 | ¥30.00 |
| FY2021 | ¥27.00 |
| FY2020 | ¥24.00 |
| FY2019 | ¥21.00 |
| FY2018 | ¥18.00 |
| FY 2017 | ¥15.00 |
|
FY 2016 (1st Dividend Payment) |
¥50.00 *2 (Ordinary: ¥25.00) (Commemorative: ¥25.00) |
NOTE
*1 If conditions for the payment of interim dividends are met.
*2 FY 2016 refers to the fiscal year ended November 30, 2016, and other fiscal years are referred to in a corresponding manner.
We conducted a 2-for-1 stock split on September 1, 2017. FY 2016 dividend amounts indicate the figures prior to this split.