Dec 25, 2020 14:00 JST

Source: Showa Denko K.K.

Showa Denko Revises Dividend Payment Forecast


TOKYO, Dec 25, 2020 - (JCN Newswire) - Showa Denko (SDK; TSE:4004) announces that it revises its forecast of year-end dividend payment as in below, taking the latest trend in its business performance into consideration.

1. Reasons for the revision of dividend payment forecast

Based on its comprehensive consideration to the importance of the maintenance of shareholder return, including stable payment of dividend, and its latest forecast of the performance for 2020, SDK revises its forecast of year-end dividend payment per share as in below.

2. Revised forecast of dividend payment

Dividend per share (Unit: yen) End of 2Q / Year end / Total
Earlier forecast (Announced on August 12, 2020) : - / Undecided / Undecided
Revised forecast (Announced on December 25, 2020) : - / 65.00 / 65.00
Actual dividends for 2020 : 0.00 / - / -
Actual dividends for 2019 : 50.00 / 80.00 / 130.00

About Showa Denko K.K.

Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.

Contact:
Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235

Source: Showa Denko K.K.
Sectors: Chemicals

Copyright ©2021 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


SDK Announces 2020 Consolidated Financial Results
February 17 2021 15:00 JST
 
Showa Denko K.K. Announces Execution of Master Agreement regarding Series of Transactions
January 28 2021 16:00 JST
 
SDK to increase capacity of aluminum substrate for hard disks
January 15 2021 09:00 JST
 
New Year Message from Kohei Morikawa, Showa Denko President and CEO
January 04 2021 13:00 JST
 
DENSO Adopts SDK SiC Epi-wafers for Next-Generation Booster Power Modules for FCEVs
December 10 2020 14:00 JST
 
SDK Formulates 'Long-term Vision (2021-2030) for Newly Integrated Company'
December 10 2020 14:00 JST
 
Showa Denko Subsidiary Establishes Branch in Xi'an, China to Distribute High-purity Gases for Electronics
December 09 2020 10:30 JST
 
Showa Denko Announces Changes in Corporate Management
November 30 2020 15:00 JST
 
Showa Denko Announces 2020 Third Quarter Financial Results
November 05 2020 15:00 JST
 
SDK to Split Its Optical Semiconductor Business
October 27 2020 15:00 JST
 
More Press release >>

Latest Press Release


More Latest Release >>