Visteon Declares Quarterly Dividend
Ticker: VC · Form: 8-K · Filed: Jun 10, 2024 · CIK: 1111335
| Field | Detail |
|---|---|
| Company | Visteon CORP (VC) |
| Form Type | 8-K |
| Filed Date | Jun 10, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: dividend, shareholder-return
TL;DR
Visteon is paying a $0.25 dividend on July 1st.
AI Summary
On June 6, 2024, Visteon Corporation announced that its Board of Directors declared a quarterly cash dividend of $0.25 per share, payable on July 1, 2024, to stockholders of record as of June 14, 2024. This action was taken by the Board of Directors.
Why It Matters
Visteon's declaration of a quarterly dividend signals continued confidence in its financial stability and commitment to returning value to its shareholders.
Risk Assessment
Risk Level: low — The filing is a routine dividend declaration, which typically carries low risk.
Key Numbers
- $0.25 — Quarterly Dividend Per Share (Amount to be paid to shareholders)
Key Players & Entities
- Visteon Corporation (company) — Registrant
- $0.25 (dollar_amount) — Quarterly cash dividend per share
- July 1, 2024 (date) — Payment date for dividend
- June 14, 2024 (date) — Record date for dividend
- June 6, 2024 (date) — Date of Board action
FAQ
What is the amount of the quarterly cash dividend declared by Visteon Corporation?
Visteon Corporation declared a quarterly cash dividend of $0.25 per share.
When will the Visteon Corporation dividend be paid?
The dividend will be paid on July 1, 2024.
Who is eligible to receive the Visteon Corporation dividend?
Stockholders of record as of June 14, 2024, are eligible to receive the dividend.
What action did Visteon Corporation's Board of Directors take on June 6, 2024?
The Board of Directors declared a quarterly cash dividend.
What is Visteon Corporation's principal executive office address?
Visteon Corporation's principal executive office is located at One Village Center Drive, Van Buren Township, Michigan 48111.
Filing Stats: 691 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2024-06-10 16:03:28
Filing Documents
- vc-20240606.htm (8-K) — 48KB
- 0001111335-24-000107.txt ( ) — 170KB
- vc-20240606.xsd (EX-101.SCH) — 2KB
- vc-20240606_lab.xml (EX-101.LAB) — 21KB
- vc-20240606_pre.xml (EX-101.PRE) — 12KB
- vc-20240606_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security
Item 5.07. Submission of Matters to a Vote of Security. (a) The annual meeting of stockholders of the Company was held on June 6, 2024. (b) At the annual meeting, the stockholders elected the Company's nine nominees for director to serve for a one-year term beginning at the 2024 annual meeting and expiring at the 2025 annual meeting of stockholders. The stockholders also ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal year 2024, approved the Company's executive compensation, voted in favor of providing an advisory vote on the Company's executive compensation annually, and approved an amendment to the Company's 2020 Incentive Plan. The final voting results are set forth below. (1) Election of directors (majority voting): Nominee Shares For Shares Against Shares Abstain Broker Non-Votes James J. Barrese 22,977,063 737,153 16,551 1,223,653 Naomi M. Bergman 23,632,184 82,163 16,420 1,223,653 Jeffrey D. Jones 22,776,303 937,953 16,511 1,223,653 Bunsei Kure 22,875,514 838,715 16,538 1,223,653 Sachin S. Lawande 23,323,307 390,997 16,643 1,223,653 Joanne M. Maguire 23,537,676 176,637 16,454 1,223,653 Robert J. Manzo 19,544,673 4,169,476 16,618 1,223,653 Francis M. Scricco 23,255,606 458,722 16,439 1,223,653 David L. Treadwell 23,130,027 584,392 16,348 1,223,653 (2) Ratification of the appointment of Deloitte & Touche LLP: Shares For Shares Against Shares Abstain Broker Non-Votes 24,770,632 167,526 16,262 N/A (3) Provide advisory approval of the Company's executive compensation: Shares For Shares Against Shares Abstain Broker Non-Votes 23,047,079 619,910 63,778 1,223,653 (4) Provide advisory approval of the frequency of the advisory vote on the Company's executive compensation: Shares For 1 Year Shares For 2 Years Shares For 3 Years Shares Abstain Broker Non-Votes 22,881,221 1,683 676,630 171,233 1,223,653 (5) Provide approval of an amend
01. Other Events
Item 8.01. Other Events. On June 6, 2024, the Board of Directors of the Company re-appointed Mr. Francis M. Scricco as the non-executive Chairman of the Board of the Company. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VISTEON CORPORATION By: /s/Brett D. Pynnonen Brett D. Pynnonen Senior Vice President and Chief Legal Officer Date: June 10, 2024