To Our Shareholders | Dividend
- All dividends are ordinary dividends.
Historical Dividends
Table1:Historical Dividends (FY2003.3 - FY2006.3)
| |
Interim Dividend |
Year-end Dividend |
Annual Dividend |
| FY2003.3 |
 |
JPY 15 |
JPY 15 |
| FY2004.3 |
JPY 7.5 |
JPY 7.5 |
JPY 15 |
| FY2005.3 |
JPY 10 |
JPY 10 |
JPY 20 |
| FY2006.3 |
JPY 12 |
JPY 36 |
JPY 48 |
Table2:Historical Dividends (FY2007.3)
| |
1st Quarter |
2nd Quarter |
3rd Quarter |
4th Quarter |
Total |
| FY2007.3 |
JPY 8 |
JPY 8 |
JPY 8 |
JPY 20 |
JPY 44 |
| FY2008.3 |
JPY 8.5 |
JPY 8.5 |
JPY 8.5 |
JPY 8.5 |
JPY 34 |
Target Dividend Amount
Table3:Target Dividend Amount
| |
1st Quarter |
2nd Quarter |
3rd Quarter |
4th Quarter |
Total |
| FY2009.3 |
JPY 8.5 |
JPY 8.5 |
JPY 8.5 |
JPY 8.5 |
JPY 34 |
- The payment and dividend amounts will be determined by a resolution of the Board of Directors.
- In line with the Capital Mangement Policy, when Nomura achieves a sufficient level of profit, the year-end cash dividend will be increased taking into consideration a pay-out ratio of over 30%.
- The quarterly payment structure is possible by Japan's new Corporation Law, effected on May 1, 2006.
Notice regarding the New Record Dates
We have adopted the distribution of quarterly dividends, if any. Therefore, the record dates for our distribution of dividends will be set on June 30 and December 31 along with March 31 and September 30.
Our shares will not be delivered on the newly set record dates, the same as on the previous record dates. Therefore, please note that our shares traded on an ex-rights date will be delivered on the four business day from such trade date.
In addition, the shares traded on the last rights-on trade date will be delivered on the third business day from such trade date, the same as before.
