Dividends
Dividend policy
NYK Line regards the return of profits to shareholders as one of the most important issues it faces as part of its operations. Dividends will be determined with consideration given to level of retained earnings required to finance further to fortify the Company against future changes in market conditions that may occur in the industry, our results outlook, and a target dividend payout ratio of 25%.
Results of Cash Dividends
Hereunder is Results and Prospect of Cash Dividend.
As of April 30, 2013
Fiscal Year 2008 |
Fiscal Year 2009 |
Fiscal Year 2010 |
Fiscal Year 2011 |
Fiscal Year 2012 |
Fiscal Year 2013 (Prospect) |
|
|---|---|---|---|---|---|---|
| Cash Dividend per Share | ¥15.0 |
¥4.0 |
¥11.0 |
¥4.0
|
¥4.0
|
¥4.0
|
| Total Cash Dividend(Mil.) | ¥18,418 |
¥5,851 |
¥18,666 |
¥6,785 |
¥6,722 |
— |
| Consolidated Net Income(Mil.) | ¥56,151 |
-¥17,447 |
¥78,535 |
-¥72,800 |
¥18,896 |
¥27,000 |
| Consolidated Payout Ratio(%) | 33% |
— |
24% |
— |
36% |
25% |
