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March 25, 2020 08:10 UTC

Mitsubishi Electric Announces Dividend Policy for Fiscal 2020 (April 1, 2019 – March 31, 2020)

TOKYO--(BUSINESS WIRE)-- Mitsubishi Electric Corporation (TOKYO: 6503) announced today its dividend forecast for the current fiscal year ending March 31, 2020 (fiscal 2020).

The company plans to pay a year-end dividend of 26 yen per share, as of the record date of March 31, 2020, with due consideration on performance and financial standing in fiscal 2020. The actual dividend will be declared at the Board of Directors’ meeting when financial results for fiscal 2020 are to be approved.

Dividend per share

Interim dividend

Year-end dividend

Annual dividend

Fiscal 2020

(previous announcement as of Feb. 3, 2020)

14 yen (actual)

To be determined

To be determined

Fiscal 2020 (present announcement)

14 yen (actual)

26 yen

40 yen

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

Contacts

Investor Relations Inquiries
Investor Relations Group, Corporate Finance Division
Mitsubishi Electric Corporation
Cad.Irg@rk.MitsubishiElectric.co.jp

Media Inquiries
Yurika Fujimoto
Public Relations Division
Mitsubishi Electric Corporation
Tel: +81-3-3218-2359
prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/news/


Source: Mitsubishi Electric Corporation

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http://www.businesswire.com/news/home/20200325005190/en


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