TOKYO–(BUSINESS WIRE)–Mitsubishi Electric Corporation (TOKYO: 6503) announced today that the Board of Directors has fixed the year-end dividend, as of the record date of March 31, 2023, with due consideration of the company’s performance and financial standing during the fiscal year ended March 31, 2023 (fiscal 2023).
Year-end dividend | Â | ||
 | Fixed Status | Previous Dividend Forecast | Previous Year’s Dividend |
Record date | March 31, 2023 | March 31, 2023 | March 31, 2022 |
Dividend per share | 26 yen | 26 yen | 26 yen |
Total amount of dividends | 54,940 million yen | ï¼ | 54,940 million yen |
Effective date | June 2, 2023 | ï¼ | June 2, 2022 |
Dividend resource | Retained earnings | ï¼ | Retained earnings |
Reference: Annual dividend | Â | ||
Dividend per share | Interim dividend | Year-end dividend | Annual dividend |
Fiscal 2023 (actual) | 14 yen | 26 yen | 40 yen |
Fiscal 2022 (actual) | 14 yen | 26 yen | 40 yen |
###
About Mitsubishi Electric Corporation
With more than 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. Mitsubishi Electric enriches society with technology in the spirit of its “Changes for the Better.†The company recorded a revenue of 5,003.6 billion yen (U.S.$ 37.3 billion*) in the fiscal year ended March 31, 2023. For more information, please visit www.MitsubishiElectric.com
*U.S. dollar amounts are translated from yen at the rate of 134=U.S.$1, the approximate rate on the Tokyo Foreign Exchange Market on March 31, 2023
Contacts
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: +81-3-3218-6655
prd.gnews@nk.MitsubishiElectric.co.jp
www.MitsubishiElectric.com/news/
Key takeaways:Katie Zacharia was appointed as White House press secretary for former President Donald Trump.Media…
Key takeaways:Tata Elxsi’s share price rose about 7% after its Q2 FY27 earnings beat.Revenue grew…
Key takeaways:BHEL’s Q2 net profit more than doubled to ₹821 crore, but shares fell over 4%…
Key takeaways:Bob share price dropped about 3.5% after BR Shetty filed a $15 billion lawsuit.The lawsuit is…
Key takeaways:Tata Technologies shares rose about 8% after the Q2 FY27 results were released.Revenue showed…
Key takeaways:HCL Tech shares rose over 4% after Q2 earnings, driven by hiring and AI…