Kyushu Financial Group,Inc. [7180.T]
TOKYO, May 14 (Pulse News Wire) – Kyushu Financial Group,inc. (7180.T) announced changes to its dividend policy aimed at enhancing shareholder returns while maintaining stable dividends.
At a board meeting held, the company decided to adjust its dividend payout ratio from a previous target of 30% to 35%, based on parent company attributable net profit. Additionally, the firm plans to introduce progressive dividends and consider share repurchases opportunistically. The revised strategy emphasizes growth-driven dividend increases through progressive payouts, aligning with long-term profitability goals.
Previously, the company focused on flexible dividend distributions tied to performance metrics, but now seeks to bolster shareholder value further by raising the dividend payout ratio from 30% to 35%. Share buybacks will also be executed more dynamically to support enhanced shareholder returns. Effective from the fiscal year ending March 2027, Kyushu Financial Group expects to distribute interim dividends of ¥19 per share and final dividends of ¥19 per share, totaling ¥38 per share for the fiscal year.
In contrast, the previous fiscal year's dividend distribution was set at ¥13 for interim and ¥16 for final, summing up to ¥29 per share.
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