TV Asahi raises year-end dividend forecast

TV Asahi Holdings Corporation (TSE: 9409) announced a revision to its previously released year-end dividend forecast for the fiscal year ending March 2025. The company will now pay a year-end dividend of ¥40 per share, an increase of ¥10 from the initial forecast. This includes a special dividend of ¥10. As a result, the total annual dividend will be ¥60 per share, representing a payout ratio of 25.4%. The increased dividend reflects the company's strong performance attributed to its "New Era of TV Asahi Management Plan 2023-2025" and consistent progress in reducing strategic shareholdings. The previous forecast, released on February 7, 2025, projected a year-end dividend of ¥30 per share. The company's dividend policy prioritizes shareholder returns through sustainable growth, commemorative dividends, and special dividends linked to performance. The previous fiscal year saw a dividend of ¥20 for both the second quarter and final quarter, where a special dividend of ¥10 was included.