Mitsubishi Electric : Announces Dividend Policy for Fiscal 2017 (April 1, 2016-March 31, 2017)
March 22, 2017 at 02:20 am EDT
Share
Mitsubishi
Electric Corporation (TOKYO:6503) announced today its dividend
forecast for the current fiscal year ending March 31, 2017 (fiscal 2017).
The company plans to pay a year-end dividend of 18 yen per share, as of
the record date of March 31, 2017, with due consideration of performance
and financial standing in fiscal 2017. The actual dividend will be
declared at the Board of Directors’ meeting when financial results for
fiscal 2017 are to be approved.
Dividend per share
Interim dividend
Year-end dividend
Annual dividend
Fiscal 2017 (previous announcement as of Feb. 2, 2017)
9 yen (actual)
To be determined
To be determined
Fiscal 2017 (present announcement)
9 yen (actual)
18 yen
27 yen
Fiscal 2016 (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.
For the full text, please visit: http://www.mitsubishielectric.com/news
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Mitsubishi Electric Corporation is one of the world's leading manufacturers of electric and electronic equipment. Net sales (including intragroup) break down by family of products and by services as follows:
- industrial automation equipment (28.6%): programmable controllers, motor operators, counters, industrial robots, clutches, etc.;
- electric equipment (24.2%): generators, motors, transformers, power circuit breakers, testing systems, etc.;
- household appliances (22.4%): televisions, video recorders, air conditioners, refrigerators, lamps, vacuum cleaners, etc.;
- information and communication equipment (6.9%): mobile phones, satellites, aerials, medical and audiovisual equipment, servers, computers, etc.;
- electronic components and devices (4.7%): memory, logic integrated circuits, monitors, plasma screens, printed circuit cards, etc.;
- other (13.2%): financial services, real estate management, engineering and maintenance services, etc.
Net sales break down geographically as follows: Japan (52.1%), Asia (24.9%), Europe (11.1%), North America (10.3%) and other (1.6%).