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MITSUI E&S Boosts Dividend, Cancels Class-A Shares

MITSUI E&S Boosts Dividend, Cancels Class-A Shares

Mitsui E&S Holdings Co (JP:7003) has released an update.

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MITSUI E&S Co., Ltd. has revised its dividend forecast for FY2024, increasing the year-end dividend for common stock from 12 yen to 18 yen per share, following a successful partial sale of affiliate shares and a strategic focus on enhancing shareholder returns. The company has canceled all Class-A preferred shares, leading to no dividend forecast for this category in the fiscal year ending March 31, 2025.

For further insights into JP:7003 stock, check out TipRanks’ Stock Analysis page.

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