Trend Micro boosts dividend payouts after strong fiscal year
Trend Micro Incorporated (TSE:4704) announced a substantial increase in its year-end dividend following a strong fiscal year 2024, demonstrating a commitment to shareholder returns and efficient capital allocation. The company will pay a dividend of 184 JPY per share, totaling 24.158 billion JPY, pending shareholder approval at the upcoming general meeting on March 27, 2025. This increase comes after the company prioritized capital efficiency through shareholder returns and strategic M&A activities. Full-year sales grew 9.6% to 272.638 billion JPY, with operating profit surging 47.6% to 48.105 billion JPY, and net profit increasing 220.2% to 34.358 billion JPY. Looking ahead, Trend Micro forecasts sales of 288.6 billion JPY for fiscal year 2025 and net profit of 38.9 billion JPY, with continued focus on Vision One platform and expansion into new security domains. The company maintains a policy of returning profits to shareholders and aims for a dividend payout ratio of 70%, though this may vary depending on specific circumstances.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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