Mitsubishi Electric Announces Dividend for Fiscal 2024 (April 1, 2023 – March 31, 2024) and Dividend Forecast for the First Half of Fiscal 2025 (April 1, 2024 – September 30, 2024)
May 09 2024 - 2:45AM
Business Wire
Mitsubishi Electric Corporation (TOKYO:6503) announced today
that the Board of Directors has resolved to pay an year-end
dividend of 30 yen per share for fiscal 2024, as of the record date
of March 31, 2024, with due consideration of the company’s
performance and financial standing during the respective fiscal
year.
For the first half of fiscal 2025, the company plans to pay an
interim dividend of 20 yen per share, as of the record date of
September 30, 2024, with due consideration on performance and
financial standing in the respective period. The actual dividend
will be declared at the Board of Directors’ meeting in October
2024.
The year-end dividend for fiscal 2025, as of the record date of
March 31, 2025, is currently undecided.
The full document on Mitsubishi Electric’s dividend policy can
be viewed at the following link:
www.MitsubishiElectric.com/news
Year-end dividend (as of the record date
of March 31, 2024)
Fiscal 2024 Dividend (final)
Previous Forecast for
Fiscal 2024 Dividend (as of April
26, 2024)
Fiscal 2023 Dividend
Record date
March 31, 2024
March 31, 2024
March 31, 2023
Dividend per share
30 yen
30 yen
26 yen
Total amount of dividends
62,702 million yen
-
54,940 million yen
Effective date
June 4, 2024
-
June 2, 2023
Dividend resource
Retained earnings
-
Retained earnings
Dividend forecast (as of the record date
of March 31, 2025)
Dividend per share
Interim dividend
Year-end dividend
Annual dividend
Fiscal 2025 (previous
announcement as of April 26, 2024)
To be determined
To be determined
To be determined
Fiscal 2025 (present
announcement)
20 yen
To be determined
To be determined
Fiscal 2024 (actual)
20 yen
30 yen
50 yen
Note:
The forecast above is based on assumptions
deemed reasonable by the company at the present time, and actual
results may differ significantly from forecasts. Please refer to
the cautionary statement in the full document.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240508688731/en/
Investor Relations Inquiries Corporate IR&SR Division
Mitsubishi Electric Corporation
Cad.Irg@rk.MitsubishiElectric.co.jp
Media Inquiries Madoka Iwanaga Public Relations Division
Mitsubishi Electric Corporation Tel: +81-3-3218-2332
prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/news/