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STMicroelectronics Announces Publication of IFRS 2022 Annual Report And Dividend Proposal

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STMicroelectronics published its IFRS 2022 Annual Report on March 23, 2023, which details its performance for the year ending December 31, 2022. The report, compliant with IFRS-EU, is available on their website and has been filed with the Netherlands Authority for the Financial Markets. Additionally, the Supervisory Board proposed a cash dividend of $0.24 per share, payable in quarterly installments of $0.06 each, from Q2 2023 to Q1 2024. Important dates include the ex-dividend date of June 26, 2023 for Q2.

Positive
  • Proposed cash dividend of $0.24 per share, enhancing shareholder returns.
  • Strong commitment to sustainability and carbon neutrality by 2027.
Negative
  • None.

STMicroelectronics Announces Publication of IFRS 2022 Annual Report
And Dividend Proposal

Amsterdam (The Netherlands), March 23, 2023 STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, published today its IFRS 2022 Annual Report for the twelve-month period ended December 31, 2022 on its website, and filed it with the Netherlands Authority for the Financial Markets (AFM). The Annual Report, prepared in accordance with International Financial Reporting Standards (IFRS-EU) and a complete audited financial statement, is now available on www.st.com, and will be available on www.afm.nl. A hard copy version of the Annual Report will be available free of charge from ST’s Investor Relations Department: +41 22 929 5920 or investors.st.com.  

The Supervisory Board has decided to propose at the Company’s 2023 Annual General Meeting of Shareholders the distribution of a cash dividend of US$ 0.24 per outstanding share of the Company’s common stock, to be distributed in quarterly installments of US$ 0.06 in each of the second, third and fourth quarters of 2023 and first quarter of 2024 to shareholders of record in the month of each quarterly payment as per the table below.

      Transfer between New York (NY) and Dutch registered shares restricted:
QuarterEx-dividend DateGlobal Record DatePayment Date in EuropeNYSE Payment Date: on or after From End of Business in NY on:Until Open of Business in NY on:
Q2 202326-Jun-2327-Jun-2328-Jun-235-Jul-23 23-Jun-2328-Jun-23
Q3 202318-Sep-2319-Sep-2320-Sep-2326-Sep-23 15-Sep-2320-Sep-23
Q4 202311-Dec-2312-Dec-2313-Dec-2319-Dec-23 8-Dec-2313-Dec-23
Q1 202418-Mar-2419-Mar-2420-Mar-2426-Mar-24 15-Mar-2420-Mar-24

The Company will publish information regarding its 2023 Annual General Meeting of Shareholders in due course.

About STMicroelectronics
At ST, we are more than 50,000 creators and makers of semiconductor technologies mastering the semiconductor supply chain with state-of-the-art manufacturing facilities. An integrated device manufacturer, we work with more than 200,000 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 connectivity. ST is committed to becoming carbon neutral by 2027. Further information can be found at www.st.com.

For further information, please contact:

INVESTOR RELATIONS:
Céline Berthier
Group VP, Investor Relations
Tel: +41 22 929 58 12
celine.berthier@st.com

MEDIA RELATIONS:
Alexis Breton
Corporate External Communications
Tel: + 33 6 59 16 79 08
alexis.breton@st.com

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FAQ

What is the cash dividend proposed by STMicroelectronics?

STMicroelectronics proposed a cash dividend of $0.24 per share to be distributed in quarterly installments.

When is the ex-dividend date for STMicroelectronics' dividend?

The ex-dividend date for the Q2 2023 dividend is June 26, 2023.

What are the payment dates for STMicroelectronics' dividend?

The payment dates are scheduled for the second, third, and fourth quarters of 2023, and the first quarter of 2024.

How often does STMicroelectronics pay dividends?

STMicroelectronics intends to pay dividends quarterly.

STMicroelectronics N.V.

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