Dividend FAQ
What is Xilinx's dividend policy?
We believe that returning capital to stockholders is an important part of stock ownership. It is also an indication that Xilinx is a successful company. It is the intention of the Board of Directors to pay a comparable quarterly dividend on a going forward basis subject to continued capital availability and a determination that cash dividends continue to be in the best interests of the Company and its stockholders.
Why did Xilinx decide to pay a dividend?
Xilinx has been generating increasing amounts of free cash from operations as a result of its success in programmable logic. In declaring the first dividend in our history, Xilinx's Board of Directors has determined that the Company can return some of its cash to stockholders without impacting future revenue and earnings growth or restricting strategic opportunities.
Whom should I contact if I don't receive my dividend payment?
If you hold your shares through a broker, please contact your broker directly
with any questions regarding the dividend payment. If you are a registered stockholder
(you hold a physical stock certificate), contact Computershare, Xilinx's Transfer
Agent. Questions can be directed to Computershare at 781-575-2879.
When will the Form 1099-DIV for the dividend be mailed out?
If you hold your shares through a broker, your broker will mail the Form 1099-DIV no later than January 31st. If you are a registered stockholder (you hold a physical stock certificate), Computershare, Xilinx's Transfer Agent, will mail the Form 1099-DIV no later than January 31st.
Will My Dividend Be Taxable?
In May of 2003, legislation was passed that reduces the maximum statutory tax rate on dividends from 38 percent to 15 percent, the largest decrease in the dividend tax rate in U.S. history. However, one should consult a tax advisor to determine his or her own tax liability.
Does Xilinx offer a Dividend Reinvestment Program (DRIP)?
Xilinx does not currently offer a Dividend Reinvestment or Direct Purchase Program and does not intend to implement one in the foreseeable future.
Click here to view Dividend History table.
|