GMO Click forecasts quarterly dividend of ¥6.38 per share

GMO Click Holdings Inc (TYO:7177), the parent of the biggest Japanese Forex broker GMO Click Securities, earlier today published its dividend forecast for the first quarter of the year to March 31, 2016.

The company expects to pay a dividend of ¥6.38 ($0.0515) per share for the quarter from April 1, 2015 to June 30, 2015. The payout, which has yet to be approved by GMO Click’s Board of Directors, equals 40.1% of the consolidated net income on a quarterly basis.

As LeapRate reported earlier this month, GMO Click posted a set of robust financial results for the quarter to June 30, 2015. Operating revenues for Q1 2016 totaled ¥7.84 billion, up 63.6% from the equivalent period a year earlier, when operating revenues stood at ¥4.79 billion. Net income attributable to shareholders increased by nearly 95% year-on-year to ¥1.82 billion.

To view the official announcement by GMO Click (in Japanese), click here.

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