メイコー revised its dividend forecast in connection with the share split. The split, effective 1 November, will convert each share into 2 shares, while the stated dividend remains unchanged and the figure is adjusted on a pre-split basis.
メイコー announced a dividend revision after the market close on 28 September. The share split will take effect on 1 November, and the dividend forecast per share will be revised.
In connection with the share split, the planned annual dividend was revised from ¥160 to ¥120, but this is equivalent to ¥160 on a pre-split basis. The company explained that there is no change in the effective dividend amount.
A PDF detailing the dividend revision was released, and further updates may follow before and after upcoming earnings announcements.