AirTrip announced a forecast dividend increase for the fiscal year ending September 2027 compared with the previous fiscal year. The interim dividend is expected to be ¥70 and the year-end dividend ¥100, for a total of ¥170, with the dividend yield potentially reaching 11.45%.
AirTrip announced a forecast dividend increase for the fiscal year ending September 2027 compared with the previous fiscal year. The interim dividend is expected to be ¥70 and the year-end dividend ¥100, for a total of ¥170, potentially marking a consecutive increase in dividends. The dividend yield at the time of the announcement is expected to be 11.45%.
AirTrip has adopted a policy of maintaining a 100% payout ratio and plans to keep the dividend at approximately ¥10 per share from 2029 onward, as the company will be in an investment phase. The latest dividend increase is in line with the application of this policy.
Over the past 10 fiscal years, annual dividends remained at ¥10 from September 2018 through September 2026. They are now expected to rise substantially to ¥160 for the fiscal year ending September 2026 and ¥170 for the fiscal year ending September 2027.
In terms of the actual share price response, the stock rose to nearly ¥1,600 in after-hours trading on the announcement date, and the closing price was ¥116 above ¥1,484. This has attracted investor attention.