TAINAN, Taiwan, May 09, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (NASDAQ:HIMX) ("Himax" or "Company"), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today declared a cash dividend of 29.0 cents per ADS, equivalent to 14.5 cents per ordinary share, for the year of 2023.
The cash dividend will be payable on July 12, 2024 to all the shareholders of record as of June 28, 2024. The ADS book will be closed for issuance and cancellation from June 21, 2024 to June 28, 2024. Typically, Himax pays out its yearly dividend at approximately the middle of its current calendar year based on the Company's previous year financial performance.
"Since our IPO in 2006, we have consistently rewarded shareholders for their ongoing commitment with our dividend policy," said Mr. Jordan Wu, President and Chief Executive Officer of Himax. "This year we are pleased to declare an annual cash dividend of 29.0 cents per ADS, representing a payout ratio of 100% of last year's profit. The high payout ratio is supported by our positive business outlook and strong balance sheet. We are grateful for the support of our shareholders as we strive to achieve business objectives and deliver sustainable long-term growth and profitability," concluded Mr. Wu.
About Himax Technologies, Inc.
Himax Technologies, Inc. (NASDAQ:HIMX) ...