Mitsubishi Chemical Group Announces Dividend Distribution

Mitsubishi Chemical Holdings ( (JP:4188) ) just unveiled an announcement.

Mitsubishi Chemical Group has announced a resolution by its Board of Directors to distribute dividends from surplus, with a dividend per share set at ¥16 for the fiscal year ended March 31, 2024. This decision aligns with the company’s policy to maintain a dividend payout ratio of 35% under its New Medium-Term Management Plan 2029, reflecting a commitment to shareholder returns and future business growth.

The most recent analyst rating on (JP:4188) stock is a Buy with a Yen1000.00 price target. To see the full list of analyst forecasts on Mitsubishi Chemical Holdings stock, see the JP:4188 Stock Forecast page.

More about Mitsubishi Chemical Holdings

Mitsubishi Chemical Group Corporation operates in the chemical industry, focusing on producing a wide range of chemical products and materials. The company is listed on the Prime Market of the Tokyo Stock Exchange and aims to enhance shareholder value through strategic business activities.

Average Trading Volume: 6,327,987

Technical Sentiment Signal: Hold

Current Market Cap: Yen1051.3B

For a thorough assessment of 4188 stock, go to TipRanks’ Stock Analysis page.