GlobalFoundries shares are rising as the June 24, 2026, record date for its first-ever quarterly dividend approaches. The company established a $0.12 per share payout.
Management announced the dividend during its Investor Day on May 7, 2026. The payout anchors a new capital allocation framework.
This framework targets returning up to 50% of adjusted free cash flow to shareholders via dividends and buybacks. The company scheduled the first payment for July 14, 2026.