Mitsubishi UFJ Financial : Dividends for the Fiscal Year Ended March 31, 2017 and Annual Dividend Forecast for the Fiscal Year Ending March 31, 2018
May 15, 2017 at 04:13 am EDT
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Mitsubishi UFJ Financial Group, Inc.
Dividends for the Fiscal Year Ended March 31, 2017
and Annual Dividend Forecast for the Fiscal Year Ending March 31, 2018
Tokyo, May 15, 2017 --- Mitsubishi UFJ Financial Group, Inc. (MUFG) hereby announces that its Board of Directors today resolved to pay the year-end dividends as stated below. The record date thereof is March 31, 2017.
MUFG will submit the proposal therefor at the General Meeting of Shareholders to be held on June 29, 2017.
The annual dividend forecast for the fiscal year ending March 31, 2018 is also stated below.
Dividends for the Fiscal Year Ended March 31, 2017
Description of Dividends
Determined amount
Most recent dividend forecast
(announced on
February 3, 2017)
Actual results for previous fiscal year (ended March 31, 2016)
Record date
March 31, 2017
March 31, 2017
March 31, 2016
Dividends per share
¥9
¥9
¥9
Total amount of dividends
¥121,160 million
-
¥124,116 million
Effective date
June 30, 2017
-
June 29, 2016
Resource of the dividends
Retained earnings
-
Retained earnings
Reasons
MUFG considers the return of earnings to shareholders to be one of the most important management priorities and makes it a basic policy to aim for a stable and continuous increase in dividends per share through growth in profits. After comprehensive consideration of its business performance and other factors, MUFG decided to pay ¥9 per share as the year-end dividend.
Annual Dividend Forecast for the Fiscal Year Ending March 31, 2018
Dividends per share (¥)
Record Date
Interim dividends
Year-end
dividends
Annual dividends
Dividend forecast
(Fiscal year ending March 31, 2018)
¥9
¥9
¥18
(Reference)
Dividends per share (¥)
Record Date
Interim dividends
Year-end
dividends
Annual dividends
Actual result for fiscal year ended March 31, 2017
¥9
¥9*
¥18*
Actual result for fiscal year ended March 31, 2016
¥9
¥9
¥18
* The year-end dividend for the fiscal year ended March 31, 2017 (¥9) is based on the assumption that it will be approved at the General Meeting of Shareholders to be held on June 29, 2017
* * *
This press release contains forward-looking statements regarding estimates, forecasts, etc. in relation to the results of operations, financial conditions and other general management of MUFG and/or the group as a whole (the "forward-looking statements"). The forward-looking statements are made based upon, among other things, MUFG's current estimates, perceptions and evaluations. In addition, in order for MUFG to adopt such estimates, forecasts, etc. regarding future events, certain assumptions have been made. Accordingly, the statements and assumptions are inherently not guarantees of future performance and may result in inaccuracy from an objective point of view and in material differences from actual results. There exist a number of factors that might lead to uncertainties and risks. For the main matters that may be currently forecast, please see the most recent Financial Highlights, the Annual
Securities Report, Disclosure Book, and Annual Report, and other disclosures that MUFG has announced.
Mitsubishi UFJ Financial Group Inc. published this content on 15 May 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 15 May 2017 08:12:22 UTC.
Original documenthttp://www.mufg.jp/english/vcms_lf/news/pressrelease-20170515-002-e.pdf
Public permalinkhttp://www.publicnow.com/view/745B74D32A96FDF8C2F66F886319B9E8E3DF6CBA
Mitsubishi UFJ Financial Group is one of the Japanese largest banking groups. Income breaks down by activity as follows:
- retail and commercial banking (51.9%);
- corporate and investment banking (28.3%);
- market banking (10.5%);
- financial asset management (8.6%);
- other (0.7%).
At the end of March 2022, the group managed JPY 215,427.3 billion of current deposits and JPY 110,426.2 billion of current loans.
Income breaks down geographically as follows: Japan (55%), Asia/Pacific (24.8%), the United States (12.8%), Europe (1.7%) and other (5.7%).