Mitsubishi Electric Announces Dividend Policy for the First Half of Fiscal 2024

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today its dividend forecast for the first half (ending September 30, 2023) of the current fiscal year ending March 31, 2024 (fiscal 2024).

The full document on Mitsubishi Electric’s dividend policy can be viewed at the following link:
www.MitsubishiElectric.com/news

The company plans to pay an interim dividend of 20 yen per share, as of the record date of September 30, 2023, with due consideration on performance and financial standing in the first half of fiscal 2024. The actual dividend will be declared at the Board of Directors’ meeting in October 2023.

The year-end dividend, as of the record date of March 31, 2024, is currently undecided.

Dividend per share	Interim dividend	Year-end dividend	Annual dividend
Fiscal 2024 (previous announcement as of July 31, 2023)	To be determined	To be determined	To be determined
Fiscal 2024 (present announcement)	20 yen	To be determined	To be determined
Fiscal 2023 (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.