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STMicroelectronics N.V.

STMicroelectronics N.V.

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Publicatie datum 20 sep 2013 - 22:35
Statutaire naam STMicroelectronics N.V.
Titel STMicroelectronics Reports on Stable Cash Dividend of US$0.10 for both the Fourth Quarter of 2013 and First Quarter of 2014 to Be Proposed to a Forthcoming Extraordinary General Meeting
Bericht Geneva, September 20, 2013 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, has announced that, upon the recommendation of the Managing Board, its Supervisory Board will propose to a forthcoming Extraordinary General Meeting of Shareholders, to resolve on the distribution of a cash dividend of US$0.10 for the fourth quarter of 2013, and of US$0.10 for the first quarter of 2014, per outstanding share of the Company’s common stock. The amount of the proposed fourth quarter of 2013 and first quarter of 2014 cash dividend is stable with respect to the previous quarterly dividend distribution. The proposed dividend equals a 4.2% annualized yield on the Company’s share price at closing on September 19, 2013 on the NYSE. The Extraordinary General Meeting of Shareholders will be held on December 2, 2013 in Schiphol, The Netherlands.