Yokogawa's Dividend Policy
The distribution of earnings to shareholders is a top management priority for the Company. By achieving growth in earnings, we aim to steadily increase our dividend payments. While giving overall consideration to our business results, the need to secure investment funds for maximizing mid- to long-term shareholder value, and maintain the financial base supporting growth investment, we will strive to secure a consolidated dividend payout ratio in excess of 30%. Furthermore, we will maintain a stable dividend based on the shareholders' equity ratio, even when business results deteriorate due to temporary factors.
Dividend Trend
| Fiscal year | Dividend per share |
|---|---|
| FY2023 | 40.00 |
| FY2022 | 34.00 |
| FY2021 | 34.00 |
| FY2020 | 34.00 |
| FY2019 | 34.00 |
| FY2018 | 32.00 |
| FY2017 | 30.00 |
| FY2016 | 25.00 |
| FY2015 | 25.00*2 |
| FY2014 | 12.00 |
| FY2013 | 12.00 |
| FY2012 | 10.00 |
| FY2011 | 5.00 |
| FY2010 | 0.00 |
| FY2009 | 2.00 |
| FY2008 | 16.00 |
| FY2007 | 16.00 |
| FY2006 | 15.00 |
| FY2005 | 15.00*1 |
| FY2004 | 7.50 |
| FY2003 | 7.50 |
| FY2002 | 7.50 |
*1 Includes an additional 5 yen to commemorate the Company's 90th anniversary
*2 Includes an additional 5 yen to commemorate the Company's 100th anniversary
Shareholder benefit
There is no shareholder benefit system.