Bridgestone Corporation Announces Dividend Payout from Retained Earnings and Revised Dividend Projections
Tokyo (August 6, 2010) – Bridgestone Corporation announced that at its meeting on August 6, 2010, its board of directors has decided payout of interim dividends with the record date of June 30, 2010, from retained earnings and revised upward its year-end dividend projections for the fiscal year ending on December 31, 2010, as follows.
1. Description of Interim Dividends
Decided dividend |
(Original February 19) |
FY2009 |
|
Record Date |
June 30, 2010 |
June 30, 2010 |
June 30, 2009 |
Dividends per share |
10 yen |
8 yen |
8 yen |
Total dividends |
7,843 million yen |
- |
6,274 million yen |
Effective date |
September 1, 2010 |
- |
September 1, 2009 |
Source |
Retained earnings |
- |
Retained earnings |
2. Revised projections of Dividends
Dividend per share |
||||
(Revised) |
(Original February19) |
FY2010 |
FY2009 |
|
dividend |
- |
8 |
10 |
8 |
Year-end dividend |
10 |
8 |
- |
8 |
Annual dividends |
20 |
16 |
- |
16 |
3. Reason for the revision
Bridgestone Corporation is committed to providing its shareholders with a stable dividend. Taking into account all of the relevant factors related to the company's current business performance and projected financial condition, the board of directors has revised upward its dividend projections for the fiscal year ending on December 31, 2010.