Infineon Technologies : Annual General Meeting increases dividend to €0.27 per share – the dividend payment has risen for the fifth time in succession
February 21, 2019 at 10:08 am EST
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Munich, 21 February 2019 - At the 19th Annual General Meeting, the shareholders of Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) accepted the proposal for the appropriation of net profit made by the Management Board and Supervisory Board: They approved a dividend payment of €0.27 per share. Compared with the last fiscal year, this is an increase of eight percent, raising the dividend for the fifth time in succession. As a result, around €305 million will be paid out this time to the shareholders, who thus participate in the company's success.
All the other proposals put forward by the boards were approved by the shareholders with a large majority.
Around 2,400 participants attended the shareholders' meeting today at the International Congress Center Munich. In total, the capital presence was 67,92 percent of Infineon's share capital.
Detailed information on the 2019 Annual General Meeting of Infineon Technologies AG, including the voting results of the individual items on the agenda, can be found at www.infineon.com/hv.
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Infineon Technologies AG published this content on 21 February 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 21 February 2019 15:07:07 UTC
Infineon Technologies AG is one of the world's leading manufacturers of semiconductors. The group's products include power semiconductors, sensors, microcontrollers, digital, mixed-signal and analog ICs, discrete semiconductor modules, switches, interface ICs, motor-controlling ICs, RF power transistors, voltage regulators, and electronic safety components. Net sales break down by area of activity as follows:
- automotive (50.5%): semiconductor products used in the automotive industry, and memory products for specific applications for automotive, industrial, information technologies, telecommunications and consumer electronics.
- power & sensor systems (23.3%): semiconductors for energy-efficient power supplies, mobile devices, mobile phone network infrastructures, human-machine interaction as well as applications with special demands on their robustness and reliability.
- industrial power control (13.5%): semiconductor products for the conversion of electrical energy for small, medium and high-power applications, used in the manufacturing, the low-loss transmission, the storage and the efficient use of electrical energy;
- connected secure systems (12.6%): semiconductors for networked devices, card-based applications, and government documents; microcontrollers for industrial, entertainment, and household applications, components for connectivity systems, various customer support systems;
- other (0.1%).
Net sales are distributed geographically as follows: Germany (12.4%), Europe/Middle East/Africa (14.4%), China/Hong Kong/Taiwan (32.3%), Japan (10.5%), Asia/Pacific (15.9%), the United States (12.1%) and Americas (2.4%).