Himax Technologies, Inc. Declares Cash Dividend for FY2014
May 11 2015 - 7:00AM
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 30
cents per ADS, equivalent to 15 cents per ordinary share, for the
year of 2014.
The cash dividend will be payable on July 08, 2015 to all the
shareholders of record as of June 26, 2015. The ADS book will be
closed for issuance and cancellation from June 19, 2015 to June 26,
2015. 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. "As we achieved revenue and earnings
growth for the third year in a row, we are pleased to increase
Himax's dividend from 27 cents per ADS in 2014 to 30 cents per ADS
in 2015. 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. The high payout
ratio demonstrates our continued support of our shareholder base
and confidence in long-term strategy and growth opportunities."
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 1,700 people from three Taiwan-based offices in Tainan,
Hsinchu and Taipei and country offices in China, Korea, Japan and
the US. Himax has 2,575 patents granted and 738 patents pending
approval worldwide as of March 31, 2015. 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,
2014 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
Nadiya Chen, Investor Relations
Himax Technologies, Inc.
Tel: 886-2-2370-3999 Ext.22513
Fax: 886-2-2314-0877
Email: nadiya_chen@himax.com.tw
www.himax.com.tw
Penny Lin, Investor Relations
Himax Technologies, Inc.
Tel: 886-2-2370-3999 Ext.22320
Fax: 886-2-2314-0877
Email: penny_lin@himax.com.tw
www.himax.com.tw
Investor Relations- US Representative
Adam Holdsworth, Managing Director
PCG Advisory Group, LLC
Tel: +1-646-862-4607
Email: adamh@pcgadvisory.com
www.pcgadvisory.com
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