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

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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 CET

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 2018 4 424 B
EBIT 2018 -
Net income 2018 259 B
Finance 2018 426 B
Yield 2018 1,79%
P/E ratio 2018 14,94
P/E ratio 2019 14,17
EV / Sales 2018 0,78x
EV / Sales 2019 0,72x
Capitalization 3 871 B
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Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 2 197  JPY
Spread / Average Target 22%
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Managers
NameTitle
Masaki Sakuyama President & Director
Kenichiro Yamanishi Chairman
Akihiro Matsuyama Director, Head-Finance & Accounting
Kenji Kondo Head-Information Technology & Development
Hiroki Yoshimatsu Director
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