Flexible Electronics News

STMicroelectronics Proposes Cash Dividend

Quarterly dividend to be maintained at US$0.10 per share over each of the next four quarters

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By: DAVID SAVASTANO

Editor, Ink World Magazine

STMicroelectronics has announced that its Supervisory Board has approved the Managing Board proposal to the 2015 Annual General Meeting (AGM) of Shareholders to declare this year a cash dividend of US$0.40 per outstanding share of the company’s common stock, to be distributed in quarterly installments of US$0.10 in each of the second, third and fourth quarters of 2015 and first quarter of 2016 to shareholders of record at each respective date. The AGM will be held on May 27, 2015.   Furthermor...

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