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4-Traders Homepage  >  Equities  >  Tokyo  >  Mitsubishi Electric Corporation    6503   JP3902400005

MITSUBISHI ELECTRIC CORPORATION (6503)
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Mitsubishi Electric : Announces Dividend Policy for the First Half of Fiscal 2018

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09/25/2017 | 06:44pm CEST

Mitsubishi Electric Corporation (TOKYO: 6503) announced today its dividend forecast for the first half (ending September 30, 2017) of the current fiscal year ending March 31, 2018 (fiscal 2018).

The company plans to pay an interim dividend of 14 yen per share, as of the record date of September 30, 2017, with due consideration on performance and financial standing in the first half of fiscal 2018. The actual dividend will be declared at the Board of Directors’ meeting when financial results for the second quarter of fiscal 2018 are to be approved.

The year-end dividend, as of the record date of March 31, 2018, is currently undecided.

 
Dividend per share   Interim dividend   Year-end dividend   Annual dividend
Fiscal 2018

(previous announcement as of July 31, 2017)

To be determined To be determined To be determined

Fiscal 2018 (present announcement)

14 yen

To be determined

To be determined

Fiscal 2017 (actual)   9 yen   18 yen   27 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 below.

 

For the full text, please visit: http://www.mitsubishielectric.com/news


© Business Wire 2017
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Financials (JPY)
Sales 2019 4 570 B
EBIT 2019 -
Net income 2019 267 B
Finance 2019 484 B
Yield 2019 2,51%
P/E ratio 2019 11,79
P/E ratio 2020 10,91
EV / Sales 2019 0,59x
EV / Sales 2020 0,54x
Capitalization 3 163 B
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Number of Analysts 20
Average target price 2 021  JPY
Spread / Average Target 37%
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Managers
NameTitle
Takeshi Sugiyama President & Chief Executive Officer
Masaki Sakuyama Chairman
Akihiro Matsuyama Director, Head-Finance & Accounting
Kenji Kondo Head-Information Technology & Development
Hiroki Yoshimatsu Director
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