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General

STMicroelectronics lowers dividend on economic uncertainty

Wednesday 22 April 2020 | 10:00 CET | News
STMicroelectronics plans to cut its dividend for 2019, due to the growing economic uncertainty caused by the Covid-19 outbreak. The company plans pay out USD 0.168 per share rather than the initial proposal of USD 0.24. The company said it will reconsider the matter in September, when it may increase the pay-out back up to USD 0.24 per share.

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Categories: General
Companies: STMicroelectronics
Countries: World
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