Awa Bank revised its dividend forecast based on a stock split. In connection with the 1-for-5 split with 30 September as the record date, the previous plan of ¥190 was revised to ¥118, but the effective dividend remains unchanged.
Awa Bank announced a dividend revision at 14:00 during the afternoon session on 25 August. The stock split ratio is 1-for-5, with 30 September as the record date, and the annual dividend will be revised to reflect the split.
Under the new plan, the dividend will be revised to ¥118, said to be equivalent to the previous ¥190 on a pre-split basis, but the effective amount received remains unchanged.
The article was published as Kabutan News and also reported Awa Bank's dividend revision alongside comparative information on other stocks.