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)
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) |
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Fiscal 2024 Dividend
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Previous Forecast for
Fiscal 2024 Dividend
|
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) |
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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. |
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