Aielyn said:
It amazes me how many gamers apparently think like this. You do realise that Sony is a big company, and that their purchase of shares at 8% is an investment, not a matter of control or influence, right? That Sony gets dividends from any SE profit? Between 2004 and 2010, SE was making strong profit, from what I can see. It was only from 2011 that everything fell apart.
I don't know how much SE was paying in dividends, but if you assume 20 billion yen per year profit, and, say, 25% of that was paid in dividends (known as the dividend payout ratio - and 25% is low even by modern standards), with 18.6% stake held (from that old article), then Sony would have gotten 930 million yen per year in dividends from SE, for a total over the years between 2004 and 2010 of 6.5 billion yen. Not a bad return over 7 years on a 14.9 billion yen investment (it's roughly a return of 6.2% per annum). |
Good news and bad news.
SE's Dividend Ratio aims for 30%.
That said 18.6% is high Sony only holds about 8.25% of the company.
The 18.6% stock was I believe from Square before it merged with Enix. Plus Sony sold some stock off earlier.
Also, looking at your graph, it looks more like ~18 Million in profit to me.
All in all it's a weird time to sell. What with Square Enix dropping pretty steadily. Seems like it'd be a time you'd hold on.
