On September 5, 2012, shareholders approved payment of a one-time dividend at the Logitech Annual General Meeting. Consequently, Logitech is paying a one-time dividend distributed out of capital contribution reserves that is not subject to Swiss withholding tax for any of our shareholders. Logitech does not currently pay a regular, ongoing dividend. The following table provides key dates related to the pending dividend payment, followed by frequently asked questions and answers.
Distribution of Capital Contribution Reserves 2012
CHF
USD¹
Pay-out per share
0.79
0.847639
Ex-dividend date
Sept. 13, 2012
Sept. 13, 2012
Record date
Sept. 17, 2012
Sept. 17, 2012
Payment date
Sept. 18, 2012
Sept. 18, 2012
¹ FX rate (USD/CHF Swiss Franc): 0.9320
Frequently Asked Questions
By when do I need to be a shareholder in order to receive the dividend?
The ex-dividend date (the first trading day without the right to receive the dividend payment) is Thursday, September 13, 2012. In order to be eligible to receive the Logitech one-time dividend payment in September 2012, you must purchase Logitech shares by the end of the official trading day on September 12, 2012.
How will I receive my cash dividend?
If you are a registered shareholder in Switzerland, dividend funds associated with your ownership of Logitech shares will be transferred electronically to the bank account where your shares are held. For stock certificate holders, the dividend payment will be delivered electronically to the bank account you designate. If you are a registered shareholder in the United States, you will receive a check to the address of record on file with Computershare. If you hold the stock in Street Name in the US (that is, you hold the stock through an institution such as a broker/dealer), dividend funds associated with your ownership of Logitech shares will be transferred electronically to the account where you hold the stock.
How do I report the cash dividend for tax purposes?
Shareholders are urged to consult their own legal, financial and tax advisors with respect to their individual tax consequences relating to the one-time dividend. Your bank/broker is responsible fo sending tax information.
Is this dividend subject to Swiss withholding tax?
Logitech's one-time dividend is not subject to Swiss withholding tax for any of our shareholders. You are encouraged to seek additional information from your personal legal, financial and tax advisors.
In what currency will the dividend be paid?
Logitech stock is listed in Switzerland on the SIX Swiss Stock Exchange and in the United States on the Nasdaq Global Select Market. Therefore, the company is paying the one-time dividend in CHF and USD, based on where the shares are held.
Does Logitech have a dividend reinvestment program?
No.
Who should I contact with questions about my dividend payment?
We recommend that you speak with the bank or broker where you hold your Logitech shares. You can also send questions/comments to LogitechIR@logitech.com.
Dividend Information
