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Siltronic AG Proposes EUR 0.20 Dividend for 2024 Amid Weak Demand

Siltronic AG, based in Munich, has announced a proposed dividend of EUR 0.20 for the financial year 2024. This decision follows a strategy shift where the company's Executive Board has suspended its usual dividend policy. The total payout for shareholders will amount to EUR 6 million, based on the company's 30 million issued shares.

The background for this reduced dividend is the continuous weak demand observed in the market. The company aims to use the redirected funds to bolster its organic growth. Shareholders will vote on this proposal at the Annual General Meeting on May 12, 2025.

The firm plans to release preliminary financial figures for 2024 on February 4, 2025, with a complete audited report following on March 6, 2025. The announcement comes amid complex financial conditions where forward-looking plans are being closely evaluated.

R. H.

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