GMO Click recommends dividend of ¥5.60 per share for Q2 FY 2016

GMO Click Holdings Inc (TYO:7177), the parent of the biggest Japanese Forex broker GMO Click Securities, has earlier today published the official financial metrics for the second quarter of its fiscal year 2016, that is, the quarter until September 30, 2015.

Along with the robust financial metrics, which overall confirmed the preliminary report issued earlier this month, the company published a notice on the recommended dividend for the period.

The recommended dividend for the second quarter is ¥5.60 per share ($0.0465), with the size being in tune with the corporate strategy of paying at least 40% of the net income of the company for the period in the form of dividends. Worth noting is that the dividend for the second quarter is somewhat lower than the ¥6.38 per share dividend GMO Click’s Board approved for the first quarter of the current fiscal year.

The Board has yet to decide on the recommended dividend for Q2 2016 at a meeting to be held in November.

To view the dividend notice, click here.

To view the announcement on the final financial metrics for the July – September quarter, click here.

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