GlobalFoundries Announces Quarterly Dividend of $0.12 Per Share
GlobalFoundries (GFS) has declared a quarterly dividend of $0.12 per share, maintaining consistency with its previous payout levels. The announcement follows recent positive momentum for the company, including third-quarter earnings that exceeded both top-line and bottom-line analyst estimates. The dividend carries a forward yield of approximately 1.12%. Shareholders of record as of December 22 will be eligible to receive the payment on January 14. This steady distribution reflects the company's current capital allocation strategy amidst ongoing discussions regarding government-funded fabrication deals.
Tickers: $GFS