Mitsubishi Chemical Group announces dividend distribution from surplus
Mitsubishi Chemical Group Corporation (MCG) announced its Board of Directors' resolution to distribute dividends from surplus, with a record date of March 31, 2025. The dividend is set at ¥16 per share, amounting to a total dividend payout of ¥22,798 million. The effective date for the dividend payment is June 4, 2025. The source of the dividends is retained earnings. This dividend aligns with MCG's policy of enhancing shareholder value by increasing corporate value and targeting a dividend payout ratio of 35% under the "New Medium-Term Management Plan 2029". The year-end dividend per share for the fiscal year ended March 31, 2024, will also be ¥16.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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