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Stock Information
Stock Information|Dividends and Stock Splits
Dividends and Stock Splits
1. Dividends
 * 2004 2005 2006 2007 2008 2009(E)
Cash dividend per share (yen) 1,000 1,500 2,500 3,000 3,500 4,000
Dividend payout ratio (consolidated,%) (1) 4.4 14.8 22.1 26.8 26.5 30.9

*Years ended March 31
(1) Dividend payout ratio = cash dividend per share ÷ consolidated net income per share x 100
Total Dividends, Payout Ratio and Consolidated ROE
*Estimated figures of FY2008 are calculated on the assumption that all the shares are repurchased at the TOB price.
2. Stock Split Subsequent to Listing on the Tokyo Stock Exchange

On May 20, 2004, Dentsu implemented a two-for-one stock split. As a consequence, the total number of shares issued increased by 1,390,920, to 2,781,840.
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