STMicroelectronics Reports on Stable Cash Dividend of US$0.10 for both Q4 2013 and Q1 2014 to Be Proposed to a Forthcoming EGM
(Thomson Reuters ONE) -
PR N°C2733C
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 of Shareholders
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.
About STMicroelectronics
ST is a global leader in the semiconductor market serving customers across the
spectrum of sense and power and automotive products and embedded processing
solutions. From energy management and savings to trust and data security, from
healthcare and wellness to smart consumer devices, in the home, car and office,
at work and at play, ST is found everywhere microelectronics make a positive and
innovative contribution to people's life. By getting more from technology to get
more from life, ST stands for life.augmented.
In 2012, the Company's net revenues were $8.49 billion. Further information on
ST can be found at www.st.com
For further information, please contact:
INVESTOR RELATIONS:
Tait Sorensen
Group VP, Investor Relations
STMicroelectronics
Tel: +1 602 485 2064
tait.sorensen(at)st.com
MEDIA RELATIONS:
Nelly Dimey
Director, Corporate Media and Public Relations
STMicroelectronics
Tel: +33 1 58 07 77 85
nelly.dimey(at)st.com
Dividend proposed at EGM:
http://hugin.info/152740/R/1730585/578383.pdf
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originality of the information contained therein.
Source: STMicroelectronics via Thomson Reuters ONE
[HUG#1730585]
Unternehmensinformation / Kurzprofil:
Datum: 20.09.2013 - 22:35 Uhr
Sprache: Deutsch
News-ID 298863
Anzahl Zeichen: 3111
contact information:
Town:
Geneva
Kategorie:
Business News
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