Mitsubishi Electric Announces Dividend Policy for the First Half of Fiscal 2020
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Mitsubishi Electric Corporation (TOKYO:6503) announced today its dividend forecast for the first half (ending September 30, 2019) of the current fiscal year ending March 31, 2020 (fiscal 2020).
The company plans to pay an interim dividend of 14 yen per share, as of the record date of September 30, 2019, with due consideration on performance and financial standing in the first half of fiscal 2020. The actual dividend will be declared at the Board of Directors’ meeting when financial results for the second quarter of fiscal 2020 are to be approved.
The year-end dividend, as of the record date of March 31, 2020, is currently undecided.
Dividend per share |
Interim dividend |
Year-end dividend |
Annual dividend |
Fiscal 2020 (previous announcement as of July 30, 2019) |
To be determined |
To be determined |
To be determined |
Fiscal 2020 (present announcement) |
14 yen |
To be determined |
To be determined |
Fiscal 2019 (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. |
For the full text, please visit: http://www.MitsubishiElectric.com/news
About Mitsubishi Electric Corporation
With nearly 100 years of experience in providing reliable, high-quality products, Mitsubishi Electric Corporation (TOKYO: 6503) is a recognized world leader in the manufacture, marketing and sales of electrical and electronic equipment used in information processing and communications, space development and satellite communications, consumer electronics, industrial technology, energy, transportation and building equipment. Embracing the spirit of its corporate statement, Changes for the Better, and its environmental statement, Eco Changes, Mitsubishi Electric endeavors to be a global, leading green company, enriching society with technology. The company recorded a revenue of 4,519.9 billion yen (US$ 40.7 billion*) in the fiscal year ended March 31, 2019. For more information visit:
www.MitsubishiElectric.com
*At an exchange rate of 111 yen to the US dollar, the rate given by the Tokyo Foreign Exchange Market on March 31, 2019
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