Dividend Information
Dividend Policy
We haven't paid a dividend in respect of the fiscal year 2001, 2002, 2003, 2004, 2005 and 2006. As Infineon Technologies AG, the parent company of the Group, did not achieve an accumulated profit for the fiscal year 2007, the Infineon Management Board and the Supervisory Board were not able to propose a dividend at the Annual General Meeting. We intend to retain any future earnings for investment in the development and expansion of our business.
Dividend Rights
Any distribution of dividends jointly proposed by our management and supervisory boards requires the approval of our shareholders in a general meeting. Shareholders participate in profit distributions in proportion to the number of shares they hold.
Under German law, our company may declare and pay dividends only from balance sheet profits as they are shown in our company's unconsolidated annual financial statements prepared in accordance with applicable German law. In determining the distributable balance sheet profits, the management board and the supervisory board may allocate to profit reserves up to one half of the annual surplus remaining after allocations to statutory reserves and losses carried forward.
The shareholders, in determining the distribution of profits, may allocate additional amounts to profit reserves and may carry forward profits in part or in full.
Dividends approved at a shareholders' general meeting are payable on the first stock exchange trading day after that meeting, unless otherwise decided at the shareholders' general meeting. If you hold shares that are entitled to dividends in a clearing system, the dividends will be paid according to that clearing system's rules.
We will publish notice of dividends paid and the paying agent or agents that we have appointed in the German Federal Gazette.
(Status: March 2008)