Himax Technologies Declares 2024 Cash Dividend of 37 Cents per ADS

Himax Technologies announced a cash dividend of 37.0 cents per ADS for 2024, payable on July 11, 2025.

Dividend Announcement Details

Himax Technologies, Inc., a prominent semiconductor supplier, has declared a cash dividend of 37.0 cents per American Depositary Share (ADS), which equates to 18.5 cents per ordinary share, for the fiscal year 2024. This dividend is set to be payable on July 11, 2025, to shareholders who are on record as of June 30, 2025. The ADS book will be closed for issuance and cancellation from June 23 to June 30, 2025. CEO Mr. Jordan Wu noted that this cash dividend reflects a significant payout ratio of 81.1% of last year’s profit, demonstrating the company’s dedication to rewarding shareholders while ensuring balanced, long-term growth. Established in 2001 and based in Tainan, Taiwan, Himax is recognized for its innovative display technologies and holds a strong position in the automotive display market and AI applications, with numerous patents granted globally.

Potential Benefits

• The declared cash dividend of 37.0 cents per ADS shows a commitment to shareholder value.
• A payout ratio of 81.1% signals robust financial performance and effective growth strategies.
• Himax has a consistent history of dividend payments since its IPO in 2006, which enhances investor confidence.
• The company leads in automotive display technology, indicating strong potential for revenue expansion.

Potential Drawbacks

• A high dividend payout ratio of 81.1% may raise questions about cash flow sustainability and the ability to invest in future growth.
• Reliance on a limited number of major customers could expose the company to risks from market fluctuations and evolving demands.
• The press release did not address ongoing challenges in the semiconductor sector, including potential shortages and pricing pressures, that might affect future performance.

Frequently Asked Questions

What is the declared cash dividend for 2024 by Himax Technologies?

The declared cash dividend for 2024 is 37.0 cents per ADS, which is equivalent to 18.5 cents per ordinary share.

When will the dividend be payable to shareholders?

The dividend will be payable on July 11, 2025, to shareholders of record as of June 30, 2025.

What is the payout ratio for Himax’s dividend this year?

This year, the payout ratio is 81.1% of last year’s profit.

What industries utilize Himax’s display driver technologies?

Himax’s display driver technologies are employed in TVs, monitors, laptops, mobile phones, and automotive applications.

How many patents does Himax hold as of March 31, 2025?

As of March 31, 2025, Himax holds 2,603 patents granted and 389 patents pending worldwide.

Hedge Fund Activity

Recently, 68 institutional investors have increased their holdings in Himax Technologies stock ($HIMX), while an equal number have reduced their positions in the last quarter. Some significant recent changes include:

• POINT72 ASSET MANAGEMENT, L.P. added 3,006,311 shares (+346.1%) in Q4 2024, totaling approximately $24,170,740.
• POINT72 HONG KONG LTD acquired 2,292,403 shares (+inf%) in Q4 2024, estimated at $18,430,920.
• BLACKROCK, INC. sold 1,741,340 shares (-81.2%) in Q1 2025, amounting to approximately $12,798,849.
• ALLIANZ ASSET MANAGEMENT GMBH added 1,168,155 shares (+inf%) in Q1 2025, valued at $8,585,939.
• QUBE RESEARCH & TECHNOLOGIES LTD divested 796,438 shares (-100.0%) in Q4 2024, equaling approximately $6,403,361.
• SOVIERO ASSET MANAGEMENT, LP acquired 500,000 shares (+inf%) in Q4 2024, valued at $4,019,999.
• ACADIAN ASSET MANAGEMENT LLC added 401,526 shares (+6.5%) in Q4 2024, for an estimated $3,228,269.

Full Release

TAINAN, Taiwan, May 08, 2025 — Himax Technologies, Inc. (Nasdaq: HIMX) declared a cash dividend of 37.0 cents per ADS, equivalent to 18.5 cents per ordinary share, for the year 2024.

The cash dividend will be payable on July 11, 2025, to all shareholders of record as of June 30, 2025. The ADS book will be closed for issuance and cancellation from June 23 to June 30, 2025. Typically, Himax pays out its annual dividend around the midpoint of the calendar year based on its prior year’s financial performance.

“Since our IPO in 2006, we have consistently rewarded shareholders for their ongoing commitment through our dividend policy,” stated Mr. Jordan Wu, President and Chief Executive Officer of Himax. “This year, we are pleased to declare an annual cash dividend of 37.0 cents per ADS, reflecting a payout ratio of 81.1% of last year’s profit. Himax remains focused on maintaining a robust balance sheet while fostering sustainable long-term growth to deliver shareholder value through significant dividends and share repurchases,” he added.

About Himax Technologies, Inc.

Founded in 2001 and headquartered in Tainan, Taiwan, Himax Technologies, Inc. (NASDAQ: HIMX) is a leading global fabless semiconductor solution provider focused on display imaging processing technologies. The company’s display driver ICs and timing controllers are extensively utilized across various industries, including TVs, PC monitors, laptops, mobile devices, automotive, ePaper devices, and industrial applications. As the global market leader in automotive display technology, Himax offers a comprehensive range of automotive IC solutions, including traditional driver ICs and innovative Touch and Display Driver Integration (TDDI) technologies. The company also specializes in a variety of related fields, including AI and optical technologies, with an extensive patent portfolio to support its market leadership.