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-Nippon Steel & Sumitomo Metal Corporation - Announcement of Revision in Forecasts for Dividend

Feb 03, 2017 - ENP Newswire

The Board of Directors of the Company held on February 2, 2017 has decided to revise the forecasts for year-end dividend from retained earnings as follows.

Reason for the Revision

When the first half results were announced on November 1, the Company had not determined a year-end dividend distribution amount for the current fiscal year ending March 31 2017. In accordance with the basic profit distribution policy described previously announced, after due consideration of the earnings f...