Elmos Semiconductor SE Announces Dividend Increase at AGM

On May 15, 2024, Elmos Semiconductor SE conducted its virtual Annual General Meeting, where a significant majority approved all scheduled agenda items. Notably, the stockholders endorsed a dividend payout of 0.85 Euro per share for the fiscal year 2023, reflecting a 13.3% increase from the previous year. This dividend is scheduled for distribution on May 21, 2024.

The CEO of Elmos Semiconductor SE, Dr. Arne Schneider, reviewed the company's successful fiscal year in his presentation. Dr. Schneider emphasized robust financial achievements alongside meaningful advancements in the corporation's structure. He discussed how Elmos' microelectronics innovations significantly advance automotive safety and environmental sustainability. The company continues to secure its place in the rapid growth of the digital and electrified automotive market.

During the AGM, further insights into the first quarter financials of 2024 were shared, with Dr. Schneider reaffirming the financial targets for the current year.