Mitsubishi Motors to Receive USD199 Million Dividend from U.S. Subsidiary
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Mitsubishi Motors ( (JP:7211) ) has issued an update.
Mitsubishi Motors Corporation announced that its subsidiary, Mitsubishi Motors North America, will pay a dividend of USD199 million, impacting the nonconsolidated financial results of the parent company. The dividend will be recognized as non-operating income in MMC’s financial statements, but it will not affect the consolidated financial results as it is from a consolidated subsidiary.
The most recent analyst rating on (JP:7211) stock is a Hold with a Yen428.00 price target. To see the full list of analyst forecasts on Mitsubishi Motors stock, see the JP:7211 Stock Forecast page.
More about Mitsubishi Motors
Mitsubishi Motors Corporation is a prominent player in the automotive industry, known for manufacturing a wide range of vehicles, including cars and SUVs. The company focuses on innovation and sustainability, aiming to strengthen its market presence globally.
YTD Price Performance: -27.09%
Average Trading Volume: 8,314,336
Technical Sentiment Signal: Sell
Current Market Cap: Yen549.8B
Learn more about 7211 stock on TipRanks’ Stock Analysis page.
