REG - Nippon Telegraph - REVISION OF DIVIDEND FORECASTS

Nippon Telegraph and TelephoneAnnouncement

07/02/2019 07:25

RNS Number : 3512P
Nippon Telegraph and Telephone Corp
07 February 2019
 


February 7, 2019
 



















Company Name: Nippon Telegraph and Telephone Corporation




















Representative: Jun Sawada, President and Chief Executive Officer




















(Code No.: 9432, First section of Tokyo Stock Exchange)



 
NOTICE REGARDING THE REVISION OF DIVIDEND FORECASTS
FOR THE FISCAL YEAR ENDING MARCH 31, 2019
 
Nippon Telegraph and Telephone Corporation ("NTT") hereby announces that, at a meeting of its Board of Directors held today, NTT resolved to amend its forecast of dividend per share for the fiscal year ending March 31, 2019, as stated below.
 
1.   Reason for the Revision
      NTT has identified the return of profits to shareholders as an important management goal, and the implementation of steady dividend increases is a fundamental policy of its medium-term management strategy. NTT plans to increase its dividend as a result of taking into account a full range of factors, including business performance, financial standing and dividend payout ratio.
 
2.   Details of the Revision







Annual Dividends




Interim Dividend


Year-end Dividend


Annual Total




Year Ending March 31, 2019
(Forecasts when previous annual results were announced)


85 yen
(Actual)


85 yen


170 yen




Year Ending March 31, 2019
(Revised Forecast)


95 yen


180 yen



 



Year Ended March 31, 2018
(Results)


75 yen


75 yen


150 yen



 





















  


For further inquiries, please contact:








  


Takumi Matsumoto or Takayuki Kimura








  


Investor Relations Office








  


Finance and Accounting Department
Nippon Telegraph and Telephone Corporation








  





Contact us by email:




http://www.ntt.co.jp/ir/form_e/ref_contact.html







 




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END
 
 
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