Himax Technologies, Inc. Declares Cash Dividend for FY2015
June 20 2016 - 7:30AM
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 13
cents per ADS, equivalent to 6.5 cents per ordinary share, for the
year of 2015.
The cash dividend will be payable on August 03,
2016 to all the shareholders of record as of July 22, 2016. The ADS
book will be closed for issuance and cancellation from July 15,
2016 to July 22, 2016. 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. "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. The payout ratio of 89.0% demonstrates our
continued support of our shareholder base and strong confidence in
the positive outlook for revenues and earnings growth in 2016 as
well as our long-term strategy and growth opportunities. In
addition to dividend distribution, our cash will also be allocated
to expand our LCOS microdisplay and WLO facilities."
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,
virtual reality (VR) devices and many other consumer electronics
devices. Additionally, Himax designs and provides controllers for
touch sensor displays, in-cell Touch and Display Driver Integration
(TDDI) single-chip solutions, LED driver ICs, power management ICs,
scaler products for monitors and projectors, tailor-made video
processing IC solutions, silicon IPs and LCOS micro-displays for
augmented reality (AR) devices and head-up displays (HUD) for
automotive. 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, medical devices and
Internet of Things. Founded in 2001 and headquartered in Tainan,
Taiwan, Himax currently employs around 1,900 people from three
Taiwan-based offices in Tainan, Hsinchu and Taipei and country
offices in China, Korea, Japan and the US. Himax has 2,819 patents
granted and 511 patents pending approval worldwide as of March 31,
2016. 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, 2015 filed with the SEC, as may be amended.
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
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
John Mattio, Founder
Lamnia International, LLC.
Tel: +1 (203) 885 -1099
Direct: +1 (203) 885 -1058
Email: jmattio@lamniaintl.com
www.lamniaintl.com
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