|Dividend for fiscal year||Dividend per share|
Paying agent within the meaning of sec. 48 (1) no. 4 German Security Trading Act (WpHG) is Deutsche Bank AG with its branches.
Paying agent within the meaning of sec. 48 (1) no. 4 German Security Trading Act (WpHG) is UniCredit Bank AG with its branches.
In recent years, Infineon has increased its dividend in several steps, from €0.10 per share for the 2010 fiscal year up to €0.27 per share for the 2018 fiscal year. At the Annual General Meeting on 20 February 2020, a proposal has been made to shareholders at the Annual General Meeting 2020 to pay an unchanged dividend of €0.27 per share for the 2019 fiscal year, for which the new shares issued in June 2019 are fully entitled. This proposal has been approved by the Annual General Meeting. Due to the approximately 10 percent increase in the number of shares, the dividend payment will thus rise from €305 million to €336 million. Infineon's dividend policy is to allow shareholders to participate adequately in earnings growth or, in times of flat or declining earnings, to at least pay a constant dividend.
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: November 2019)