Dividend
We aim to mid to long-term increase in the stock price and pay dividends consistently.
Dividend Policy
CyberAgent considers the return of earnings to shareholders to be a top management priority. Our basic policy is to improve the stock price over the mid to long-term by growing the business and improving capital efficiency while continuing to provide dividends. The company is currently investing to a hybrid entertainment of TV and video “ABEMA” aims at developing a new business pillar over the medium to long-term. The new management index “DOE* 5% or more”as a guidance is set to reciprocate shareholders’ support during the investment period.
- *DOE: Dividend on Equity (ROE x Dividend Payout Ratio)
- **FY2020 Dividend Payout Ratio and Total Dividend Amount: Expected Dividend 33 yen x Number of outstanding shares excluding treasury shares as of September 2019
Year-end Dividend
The FY2018 year-end dividend is decided to be 32 yen to achieve DOE 5% or more which is set as a management index.
| Fiscal Year | Dividend per Share |
|---|---|
| FY2020(Estimated) | 33 yen |
| FY2019 | 33 yen* |
| FY2018 | 32 yen |
- *Dividend of FY2019:We plan to discuss a surplus disposal plan at the annual General meeting of Shareholders to be held in December 2019.
Dividend History and Forecast
Share Buyback and Cancellation
We had implemented four share buybacks and cancellation in the past.
- *Stock price reflects all stock splits in the past. (The share trading unit was changed to 100 shares in October 1, 2013.)
| Transaction Period | Purchase Method | Amount |
|---|---|---|
| to | Purchase in the open market | 4.99 billion yen |
| to | Purchase in the open market | 1.99 billion yen |
| to | Purchase in the open market | 0.99 billion yen |
| to | Purchase in the open market | 1.5 billion yen |
Stock Split History
| Record Date | Stock Split Rate | Number of Stocks After Stock Split （1 share when stock offering） |
|---|---|---|
| 2 for 1 | 25,600 shares | |
| 100 for 1 | 12,800 shares | |
| 2 for 1 | 128 shares | |
| 2 for 1 | 64 shares | |
| 2 for 1 | 32 shares | |
| 2 for 1 | 16 shares | |
| 2 for 1 | 8 shares | |
| 4 for 1 | 4 shares |