STMicroelectronics Updates on Supervisory Board Decision On Dividend
STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported an update on its cash dividend distribution.
In light of the current global societal and economic environment caused by the COVID-19 outbreak, the STMicroelectronics NV Supervisory Board has decided to maintain the distribution of a cash dividend of US$0.168 per outstanding share of the Company’s common stock, as approved by the Annual General Meeting of Shareholders on June 17, 2020.
At ST, we are 46,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An independent device manufacturer, we work with our 100,000 customers and thousands of partners to design and build products, solutions, and ecosystems that address their challenges and opportunities, and the need to support a more sustainable world. Our technologies enable smarter mobility, more efficient power and energy management, and the wide-scale deployment of the Internet of Things and 5G technology. Further information can be found at www.st.com.
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