Basic Policy on Corporate Profit Sharing (Dividend, etc.)
Policy Regarding Returning Profits to Shareholders
The Hiroshima Gas Group considers redistribution of profits to its shareholders to be one of the most important management issues The Group has maintained stable dividends while strengthening its financial position and business foundation. The Group is committed to rigorously pursuing management efficiency and conducting aggressive marketing activities. Our basic policy is to maintain stable dividends with due consideration to future capital investment and, research and development needs, in addition to financial position and earnings level.
With regard to the implementation of dividends, we will return to our shareholders by aiming to achieve a consolidated payout ratio of 30% or more, excluding short-term changes in earnings, based on our basic policy of paying stable and continuous dividends.
Dividend Trends
(yen)
| 2019/3 |
2020/3 |
2021/3 |
2022/3 |
2023/3 |
|
|---|---|---|---|---|---|
| Interim | 4.00 | 4.50 | 4.50 | 5.00 | 5.00 |
| Year-end | 4.00 | 4.50 | 5.50 | 5.00 | 7.00 |
| Full-year | 8.00 | 9.00 | 10.00 | 10.00 | 12.00 |
■Year-end
■Interim
(yen)
