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)
- **FY2021 Dividend Payout Ratio and Total Dividend Amount: Expected Dividend 37 yen x Number of outstanding shares excluding treasury shares as of September 2020
Year-end Dividend
The FY2020 year-end dividend is decided to be 34 yen to achieve DOE 5% or more which is set as a management index.
| Fiscal Year | Dividend per Share |
|---|---|
| FY2021(Estimated) | 37 yen |
| FY2020 | 34 yen |
| FY2019 | 33 yen |
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 |