business

Mitsubishi Electric announces dividend policy for 1st half

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Mitsubishi Electric Corp announced Wednesday its dividend forecast for the first half (ending Sept 30, 2011) of the current fiscal year ending March 31, 2012 (fiscal 2012).

The company plans to pay an interim dividend of 6 yen per share, with the year-end dividend undecided. The actual dividend will be decided at the Board of Directors' meeting when financial results for the second quarter of fiscal 2012 are to be approved.

© Business Wire

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wow.. i didn't think J-companies actually pay dividends. Still, 6 yen is pretty crap, what's the yield on this?

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