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Infineon propose a dividend increase 23-11-11


The Supervisory Board of Infineon decided to follow the recommendation of the Management Board and to propose to the upcoming Annual General Meeting a 20 percent dividend increase to Euro 0.12 per qualifying ordinary share.

 

The 2011 fiscal year saw Infineon pay a dividend again for the first time in ten years. The Annual General Meeting of February 17, 2011 resolved to pay a dividend of Euro 0.10 per share for the 2010 fiscal year, amounting to a total dividend sum of Euro 109 million.

 

If the upcoming Annual General Meeting of March 8, 2012 approves the proposal of a Euro 0.12 dividend per qualifying ordinary share, this would correspond to an anticipated total dividend sum of around Euro 130 million. The final dividend payout amount depends on the number of qualifying shares. As of November 21, 2011 there were 1,081 million qualifying shares; however further share buybacks up to the payout date could reduce this number further.

 


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