|Notice on Plan for Dividend (Interim Dividend)
19 September, 2008
TOKYO--Toshiba Corporation has announced that its Board of Directors, meeting today, provisionally decided to pay a dividend of five Japanese yen per share to shareholders recorded in the shareholder register as of September 30, 2008.
Toshiba's basic policy on profit distribution rests on seeking to achieve continuous increases in the actual dividend payments, in line with a payout ratio in the region of 30 percent on a consolidated basis, while giving full consideration to such factors as the strategic investments necessary to secure medium- to long-term growth.
While Toshiba announced a downward revision of its business forecast today, the interim dividend was determined in respect of full consideration of the basic policy on profit distribution and the shareholders' expectations regarding dividends.
The year-end dividend, for shareholders recorded in the shareholder record on March 31, 2009, has not been decided yet.
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