2658 AJINOMOTO

AJINOMOTO is involved in food ingredient and related products in the food industry. AJINOMOTO have been a consistently profit performer and distributing increasing dividends to shareholders (based on recent financial reports); some of which are listed below.
DIVIDENDS (Recent history only)

• FY2012 Gross 20sen (First 11sen less tax and 9sen TE) or Nett 17.25sen
• FY2011 Gross 20sen (First 9sen and Special 2sen) less tax and Final 9sen Tax Exempt, or Nett 17.25sen
• FY2010 Gross 18sen (First 9sen less tax; Final 9sen tax exempt) or Nett 15.75sen
• FY2009 Gross 17sen (First 8sen less tax; Final 9sen tax exempt) or Nett 15sen

RETAINED EARNINGS (Distributable Only)

• FY2012 : RM___million
• FY2011 : RM148million     FY2010 : RM132million     FY2009 : RM117million 

MY TAKE: Given the price movement over the last 4 years (2009-2012), a consistent pattern with price hike after the big fat dividend announcement. The question is will AJINOMOTO dish out another set of special dividend? If so, when? My take is high odds given the increasing retained earnings.
UPDATE:
24May12: AJINOMOTO indeed released news with gross dividend of 20sen. Congratz to holders!

note: all data from local exchange website, and for any error here refer to local exchange website for accuracy. all analysis herewith is for personal purposes only