Trend Micro Board Approves Increase of Cash Dividend in the end of fiscal year in December 2006
21 Febbraio 2007 - 7:00AM
PR Newswire (US)
TOKYO, Feb. 21 /PRNewswire-FirstCall/ -- Trend Micro
(TSE:4704)(NASDAQ:TMIC) announced today that year-end cash
dividends per share would be increased as follows. The effecting of
the election is conditional on the agenda item being approved at
the 18th ordinary general meeting of shareholders on March 27,
2007. 1. Reason for an increase of cash dividends We intend to
continue to return profits to shareholders based on our net profits
on a consolidated basis while striving to enhance financial
strength and secure inner reserves in order to deal with the
significantly changing business environment and maintain a
competitive edge against competitors. Since the previous dividend
distribution, our basic policy on dividends has been set as 40%
excluding the effect of stock option compensation expenses. We plan
to pay a year-end dividend on the basis of a dividend ratio of 50%
excluding the effect of stock option compensation expenses. 2.
Revised dividends for the Year ending December 2006 (January 1 to
December 31, 2006) Year-end dividends Basic dividend policy Rate of
Change Year of 2006 (December 31, 2006) 84 yen Approximately 50%
+50% Appendix Year-end dividends Basic dividend policy Year of 2005
(December 31, 2005) 56 yen Approximately 40% Year of 2004 (December
31, 2004) 36 yen Approximately 30% DATASOURCE: Trend Micro CONTACT:
Mahendra Negi of Trend Micro Inc., +81-3-5334-4899, Fax:
+81-3-5334-4874, or
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