• Thu, Jun. 22, 6:16 AM
    • STMicroelectronics (NYSE:STM) had declared $0.06/share quarterly dividend, in line with previous.
    • Payable July 5; for shareholders of record June 27; ex-div June 23.
    Thu, Jun. 22, 6:16 AM | 11 Comments
  • May 25, 2016, 1:25 PM
    • STMicroelectronics (NYSE:STM) declares $0.06/share quarterly dividend, -40% decrease from prior dividend of $0.10.
    • Forward yield 4.01%
    • Payable June 28; for shareholders of record June 21; ex-div June 17.
    • Payable Sept. 27; for shareholders of record Sept. 20; ex-div Sept. 16.
    • Payable Dec. 28; for shareholders of record Dec 20; ex-div Dec. 16.
    • Payable Mar. 28, 2017; for shareholders of record Mar. 21; ex-div Mar. 17.
    May 25, 2016, 1:25 PM
  • Oct. 26, 2015, 2:20 PM
    • Bloomberg reports the French and Italian governments, which collectively own 27.5% of STMicroelectronics (NYSE:STM), want the chipmaker to cut its dividend to give it more flexibility to up its R&D spend.
    • STMicro currently sports a 5.1% yield, well above that of most dividend-paying chip stocks. Meanwhile, the company is expected by the Street to see revenue drop 4.5% in 2015. Sales have been pressured by the ST-Ericsson JV wind-down, weak PC sales, set-top IC competition from Broadcom, and microcontroller competition from a variety of rivals.
    • Shares have fallen towards $7.50. In addition to Bloomberg's report, a weak Q3 report from fellow European chipmaker Dialog Semi could be weighing. STMicro's Q3 results arrive on Thursday morning.
    Oct. 26, 2015, 2:20 PM
  • Dec. 4, 2014, 4:56 PM
    Dec. 4, 2014, 4:56 PM