Mitsubishi Electric Announces Dividend for the First Half of Fiscal 2025 (April 1, 2024 – September 30, 2024) and Dividend Forecast for Fiscal 2025 (April 1, 2024 – March 31, 2025)

Oct 31 2024 06:45 BST

TOKYO--(BUSINESS WIRE)--Oct. 31, 2024-- Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the Board of Directors has resolved to pay an interim dividend of 20 yen per share for the first half of fiscal 2025, as of the record date of September 30, 2024.

For fiscal 2025, the company plans to pay a year-end dividend of 30 yen per share, as of the record date of March 31, 2025, from the perspective of providing appropriate returns to shareholders in line with the level of stockholders’ equity and maintaining financial soundness. The actual dividend will be declared at the Board of Directors’ meeting scheduled in May 2025.

Interim dividend (as of the record date of September 30, 2024)
	Interim dividend for Fiscal 2025 (final)	Previous Forecast (as of May 9, 2024)	Interim dividend for Fiscal 2024
Record date	September 30, 2024	September 30, 2024	September 30, 2023
Dividend per share	20 yen	20 yen	20 yen
Total amount of dividends	41,614 million yen	－	42,009 million yen
Effective date	December 3, 2024	－	December 4, 2023
Dividend resource	Retained earnings	－	Retained earnings

Dividend forecast (as of the record date of March 31, 2025)
Dividend per share	Interim dividend	Year-end dividend	Annual dividend
Fiscal 2025 (previous announcement as of May 9, 2024)	20 yen	To be determined	To be determined
Fiscal 2025 (present announcement)	20 yen	30 yen	50 yen
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.

For more information, please visit: www.MitsubishiElectric.com/news/

View source version on businesswire.com: https://www.businesswire.com/news/home/20241030440338/en/

Investor Relations Inquiries
Corporate IR&SR Division
Mitsubishi Electric Corporation
Cad.Irg@rk.MitsubishiElectric.co.jp

Media Inquiries
Madoka Iwanaga
Public Relations Division
Mitsubishi Electric Corporation
Tel: +81-3-3218-2332
prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/news/

Source: Mitsubishi Electric Corporation