Mitsubishi Electric Announces Dividend Policy for the First Half of Fiscal 2024

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Sep 22, 2023 04:10 am
TOKYO -- 

Mitsubishi Electric Corporation (TOKYO:6503) announced today its dividend forecast for the first half (ending September 30, 2023) of the current fiscal year ending March 31, 2024 (fiscal 2024).

The full document on Mitsubishi Electric’s dividend policy can be viewed at the following link:
www.MitsubishiElectric.com/news

The company plans to pay an interim dividend of 20 yen per share, as of the record date of September 30, 2023, with due consideration on performance and financial standing in the first half of fiscal 2024. The actual dividend will be declared at the Board of Directors’ meeting in October 2023.

The year-end dividend, as of the record date of March 31, 2024, is currently undecided.

Dividend per share

Interim dividend

Year-end dividend

Annual dividend

Fiscal 2024
(previous announcement as of July 31, 2023)

To be determined

To be determined

To be determined

Fiscal 2024 (present announcement)

20 yen

To be determined

To be determined

Fiscal 2023 (actual)

14 yen

26 yen

40 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.

 

Investor Relations Inquiries
Corporate IR&SR Division
Mitsubishi Electric Corporation
[email protected]

Media Inquiries
Madoka Iwanaga
Public Relations Division
Mitsubishi Electric Corporation
Tel: +81-3-3218-6655
[email protected]
www.MitsubishiElectric.com/news/

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).