GlobalFoundries introduces 12c per share quarterly dividend

At its 2026 Investor Day, GlobalFoundries (GFS) reports that it “highlighted clear opportunities for durable growth in AI-centric markets, expanding profitability and long-term value creation, underpinned by its broadening technology roadmap for the scaling of AI data centers and the proliferation of AI into the physical world, served from its unique, resilient global manufacturing footprint.” During the event, GF announced that its board of directors approved its first-ever quarterly dividend. The quarterly dividend will be 12c per share, which will be payable on July 14 to shareholders of record as of June 24. GF also unveiled its new capital allocation framework, which targets returning up to 50% of trailing twelve-month Non-IFRS adjusted free cash flow, after investments, to shareholders through dividends and share repurchases. “As we shared at today’s Investor Day, GF is positioned at the center of multiple secular megatrends that are reshaping the semiconductor industry. We are laser-focused on the areas where our customers need true differentiation and scale, and our more comprehensive business model is enabling us to partner more deeply and innovate together,” said Tim Breen, CEO of GlobalFoundries. “The long-term financial framework we outlined at today’s Investor Day underscores our belief in the robustness of the opportunities across our business. With multiple growth vectors across high-margin businesses, GF is on a path to propel durable growth, expanding profitability and long-term shareholder value creation through the end of the decade and supported by the company’s inaugural dividend,” added Sam Franklin, CFO of GlobalFoundries.