Himax Technologies, Inc. Declares Cash Dividend for FY2013
June 09 2014 - 8:00AM
Himax Technologies, Inc. (Nasdaq:HIMX) ("Himax" or "Company"), a
supplier and fabless manufacturer of advanced display drivers and
other semiconductor products, today declared a cash dividend of 27
cents per ADS, or 13.5 cents per ordinary share, for the year of
2013.
The cash dividend is expected to be paid on July 23, 2014 to all
the shareholders of record as of July 11, 2014. The ADS book will
be closed for issuance and cancellation from July 4, 2014 to July
11, 2014. Ex-dividend date is two trading days prior to the record
date. Himax's 2014 dividend is based on its performance for FY2013.
Typically, Himax pays out its yearly dividend at approximately the
middle of its current calendar year based on the Company's previous
year's financial performance.
"Since our IPO in 2006, we have remained committed to a dividend
policy," began Mr. Jordan Wu, President and Chief Executive Officer
of Himax Technologies, Inc. "The Himax dividend is based on our
prior year's profitability. The payout ratio and yield of our
dividend is compared to those of other dividend paying companies in
our sector which we work to maintain our high competitive
standards. As the result of our profitability improvement in 2013,
Himax increases cash dividend from 25 cents per ADS in 2013 to 27
cents per ADS in 2014. The high payout ratio demonstrates our
continued support of our shareholder base and long standing
profitability."
About Himax Technologies, Inc.
Himax Technologies, Inc. (HIMX) is a fabless semiconductor
solution provider dedicated to display imaging processing
technologies. Himax is a worldwide market leader in display driver
ICs and timing controllers used in TVs, laptops, monitors, mobile
phones, tablets, digital cameras, car navigation, and many other
consumer electronics devices. Additionally, Himax designs and
provides controllers for touch sensor displays, LCOS micro-displays
used in palm-size projectors and head-mounted displays, LED driver
ICs, power management ICs, scaler products for monitors and
projectors, tailor-made video processing IC solutions and silicon
IPs. The company also offers digital camera solutions, including
CMOS image sensors and wafer level optics, which are used in a wide
variety of applications such as mobile phone, tablet, laptop, TV,
PC camera, automobile, security and medical devices. Founded in
2001 and headquartered in Tainan, Taiwan, Himax currently employs
over 1,600 people from three Taiwan-based offices in Tainan,
Hsinchu and Taipei and country offices in China, Korea, Japan and
the US. Himax has 2,287 patents granted and 953 patents pending
approval worldwide as of March 31, 2014. Himax has retained its
position as the leading display imaging processing semiconductor
solution provider to consumer electronics brands worldwide.
http://www.himax.com.tw
Forward Looking Statements
Factors that could cause actual events or results to differ
materially include, but not limited to, general business and
economic conditions and the state of the semiconductor industry;
market acceptance and competitiveness of the driver and non-driver
products developed by the Company; demand for end-use applications
products; reliance on a small group of principal customers; the
uncertainty of continued success in technological innovations; our
ability to develop and protect our intellectual property; pricing
pressures including declines in average selling prices; changes in
customer order patterns; changes in estimated full-year effective
tax rate; shortages in supply of key components; changes in
environmental laws and regulations; exchange rate fluctuations;
regulatory approvals for further investments in our subsidiaries;
our ability to collect accounts receivable and manage inventory and
other risks described from time to time in the Company's SEC
filings, including those risks identified in the section entitled
"Risk Factors" in its Form 20-F for the year ended December 31,
2013 filed with the SEC, as may be amended.
CONTACT: Company Contacts:
Jackie Chang, CFO
Himax Technologies, Inc.
Tel: +886-2-2370-3999 Ext.22300
Or
US Tel: +1-949-585-9838 Ext.252
Fax: +886-2-2314-0877
Email: jackie_chang@himax.com.tw
www.himax.com.tw
Stephanie Kuo, Investor Relations - Based in US
Himax Technologies, Inc.
Tel: +1-949-585-9838 Ext.221
Fax: +1-949-585-9598
Email: stephanie_kuo@himax.com.tw
www.himax.com.tw
Steven Lin, Investor Relations - Based in Taiwan
Himax Technologies, Inc.
Tel: +886-2-2370-3999 Ext.22320
Fax: +886-2-2314-0877
Email: stevenwy_lin@himax.com.tw
www.himax.com.tw
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