GlobalFoundries (NASDAQ: GFS) launches first dividend and targets 50% cash returns
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
GlobalFoundries used its 2026 Investor Day to outline a long-term growth roadmap focused on AI-centric markets and announced its first-ever quarterly dividend. The Board approved a dividend of $0.12 per share, payable on July 14, 2026 to shareholders of record on June 24, 2026.
The company also introduced a new capital allocation framework targeting returns of up to 50% of trailing twelve-month Non-IFRS adjusted free cash flow, after investments, through dividends and share repurchases. Management emphasized multiple growth vectors in high-margin businesses and a goal of durable growth, expanding profitability and long-term shareholder value.
Positive
- First-ever quarterly dividend: The Board approved a dividend of $0.12 per share, establishing an income stream for shareholders with the first payment scheduled for July 14, 2026.
- Structured cash-return framework: The company targets returning up to 50% of trailing twelve-month Non-IFRS adjusted free cash flow, after investments, through dividends and share repurchases, directly tying shareholder returns to cash generation.
Negative
- None.
Insights
Inaugural dividend and a defined 50% cash-return target signal a shareholder-friendly shift.
GlobalFoundries is pairing its AI-focused growth narrative with tangible cash returns. The Board approved a first-ever quarterly dividend of $0.12 per share, starting with the payment on July 14, 2026 to holders of record on June 24, 2026.
The company also set a capital allocation framework targeting returns of up to 50% of trailing twelve-month Non-IFRS adjusted free cash flow, after investments, via dividends and buybacks. This links shareholder payouts directly to cash generation while preserving flexibility for growth spending, especially across high-margin AI-related businesses.
Future disclosures around Non-IFRS adjusted free cash flow and any share repurchase activity, alongside subsequent dividend declarations after July 14, 2026, will help clarify how consistently GlobalFoundries executes on this 50% return target over time.
Key Figures
Quarterly dividend: $0.12 per share
First dividend payment date: July 14, 2026
Dividend record date: June 24, 2026
+1 more
4 metrics
Quarterly dividend
$0.12 per share
First-ever dividend approved by Board
First dividend payment date
July 14, 2026
Dividend payable date
Dividend record date
June 24, 2026
Shareholders of record eligible for $0.12
Cash return target
Up to 50% of trailing 12-month Non-IFRS adjusted free cash flow
After investments, via dividends and buybacks
Key Terms
Non-IFRS adjusted free cash flow, trailing twelve-month, forward-looking statements, U.S. Private Securities Litigation Reform Act of 1995, +1 more
5 terms
Non-IFRS adjusted free cash flow financial
"targets returning up to 50% of trailing twelve-month Non-IFRS adjusted free cash flow, after investments"
trailing twelve-month financial
"targets returning up to 50% of trailing twelve-month Non-IFRS adjusted free cash flow"
Trailing twelve-month (TTM) is a measurement that adds up a company’s financial results from the most recent 12 months to show its current performance, rather than using a fixed fiscal year. Think of it like looking at a moving one‑year snapshot to smooth out seasonal swings and short‑term bumps; investors use TTM figures for revenue, earnings, and ratios to get a more up‑to‑date view when comparing companies or valuing a stock.
forward-looking statements regulatory
"This press release includes “forward-looking statements” that reflect our current expectations"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
U.S. Private Securities Litigation Reform Act of 1995 regulatory
"made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995"
A federal law that changed the rules for suing companies over securities claims by making it harder to bring class-action lawsuits and by protecting certain forward-looking statements. Think of it as a rulebook that raises the bar for plaintiffs to show clear evidence of wrongdoing and gives companies limited shelter for predictions, which matters to investors because it can reduce litigation risk, legal costs, and volatility tied to lawsuit headlines.
CHIPS and Science Act regulatory
"funding received (including awards under the U.S. CHIPS and Science Act and New York State Green CHIPS)"
A federal law that provides large-scale government funding and incentives to boost domestic semiconductor manufacturing, related research, and broader science and technology programs. It matters to investors because the law changes where companies build factories, who gets subsidies, and which industries attract new private investment—similar to a city offering tax breaks to bring in factories, it can shift profits, capital spending and competitive positions across supply chains.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of May 2026
Commission File Number 001-40974
GLOBALFOUNDRIES Inc.
400 Stonebreak Road Extension
Malta, NY 12020
Indicate by check mark whether the Registrant files or will file annual reports under cover of
Form 20-F or Form 40-F.
Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Attached hereto is the following exhibit.
Exhibit 99.1 | Press release issued by Registrant on May 7, 2026. | ||||
SIGNATURES
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, thereunto duly authorized.
GLOBALFOUNDRIES Inc. | |||||||||||
Date: May 7, 2026 | By: | /s/ Sam Franklin | |||||||||
Name: | Sam Franklin | ||||||||||
Title: | Chief Financial Officer | ||||||||||
GlobalFoundries Outlines Long-Term Growth Roadmap and Announces First-Ever Dividend at 2026 Investor Day
MALTA, N.Y., May 7, 2026 – Today at its 2026 Investor Day, GlobalFoundries (NASDAQ: GFS) 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, marking a significant milestone for the company. The quarterly dividend will be $0.12 per share, which will be payable on July 14, 2026 to shareholders of record as of June 24, 2026. 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,” said Tim Breen, CEO of GlobalFoundries. “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."
"The long-term financial framework we outlined at today's Investor Day underscores our belief in the robustness of the opportunities across our business,” said Sam Franklin, CFO of GlobalFoundries. “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."
Supporting Resources
A replay of the event, including leadership presentations will be made available at https://investors.gf.com.
About GF
GlobalFoundries (GF) is a leading manufacturer of essential semiconductors, enabling AI at scale from the cloud to the physical world. Through deep partnerships with customers, GF delivers differentiated, power-efficient and high-performance solutions for automotive, aerospace and defense, data center, smart mobile devices, internet of things and other high-growth markets. With global manufacturing operations across the U.S., Europe and Asia, GF is a trusted and holistic technology partner for customers around the world. GF’s talented, global team remains focused every day on security, longevity and sustainability. For more information, visit www.gf.com.
© 2026 GlobalFoundries Inc. GF®, GlobalFoundries®, the GF logos and other GF marks are trademarks of GlobalFoundries Inc. or its subsidiaries. All other trademarks are the property of their respective owners.
Forward-Looking Statements
This press release includes “forward-looking statements” that reflect our current expectations and views of future events. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995 and include but are not limited to, statements regarding our financial outlook, future guidance, product development, business strategy and plans, and market trends, opportunities and positioning. These statements are based on current expectations, assumptions, estimates, forecasts, projections and limited information available at the time they are made. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall,” "outlook," "on track" and variations of these terms or the negative of these terms and similar expressions are intended to identify
these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a broad variety of risks and uncertainties, both known and unknown. Any inaccuracy in our assumptions and estimates could affect the realization of the expectations or forecasts in these forward-looking statements. For example, our business could be impacted by geopolitical conditions such as the ongoing political and trade tensions with China and the continuation of conflicts in the Middle East and Ukraine; ongoing political developments in the United States, and in particular, any political and policy-related changes that may impact our industry and the market generally, such as the imposition of trade controls, tariffs and counter-tariffs between the United States and its trade partners and new legislation; the market for our products may develop or recover more slowly than expected or than it has in the past; we may fail to achieve the full benefits of our strategic optimization efforts; our operating results may fluctuate more than expected; there may be significant fluctuations in our results of operations and cash flows related to our revenue recognition or otherwise; a network or data security incident that allows unauthorized access to our network or data or our customers’ data could result in a system disruption, loss of data or damage our reputation; we could experience interruptions or performance problems associated with our technology, including a service outage; global economic conditions could deteriorate, including due to rising inflation and any potential recession; the expected benefits of our announced partnerships may fail to materialize; and we may fail to achieve the anticipated results or benefits from funding received (including awards under the U.S. CHIPS and Science Act and New York State Green CHIPS) and our expected results and planned or further expansions and operations may not proceed as planned if funding we expect to receive is delayed or withheld for any reason. It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results or outcomes to differ materially from those contained in any forward-looking statements we may make. Moreover, we operate in a competitive and rapidly changing market, and new risks may emerge from time to time. You should not rely upon forward-looking statements as predictions of future events. These statements are based on our historical performance and on our current plans, estimates and projections in light of information currently available to us, and therefore you should not place undue reliance on them.
Although we believe that the expectations reflected in our statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances described in the forward-looking statements will be achieved or occur. Moreover, neither we, nor any other person, assumes responsibility for the accuracy and completeness of these statements. Recipients are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date such statements are made and should not be construed as statements of fact. Except to the extent required by federal securities laws, we undertake no obligation to update any information or any forward-looking statements as a result of new information, subsequent events or any other circumstances after the date hereof, or to reflect the occurrence of unanticipated events. For a discussion of potential risks and uncertainties, please refer to the risk factors and cautionary statements in our 2025 Annual Report on Form 20-F, current reports on Form 6-K and other reports filed with the Securities and Exchange Commission (SEC). Copies of our SEC filings are available on our Investor Relations website, investors.gf.com, or from the SEC website, www.sec.gov.
For further information, please contact:
ir@gf.com
FAQ
What dividend did GlobalFoundries (GFS) announce in this 6-K filing?
GlobalFoundries announced its first-ever quarterly dividend of $0.12 per share. This marks the company’s transition to returning cash to shareholders alongside its AI-focused growth strategy and new capital allocation framework.
When will GlobalFoundries (GFS) pay its first dividend and what is the record date?
The first GlobalFoundries quarterly dividend will be paid on July 14, 2026. Shareholders must be on record as of June 24, 2026 to receive the $0.12 per share payment.
How does GlobalFoundries (GFS) describe its long-term growth focus?
GlobalFoundries highlights “durable growth” in AI-centric markets, supported by a broadening technology roadmap. It aims to serve AI data centers and AI in the physical world through differentiated, power-efficient semiconductor solutions and a global manufacturing footprint.
What end markets does GlobalFoundries target with its semiconductor platforms?
GlobalFoundries focuses on automotive, aerospace and defense, data center, smart mobile devices, internet of things and other high-growth markets. It positions itself as a partner providing essential, power-efficient semiconductors that help enable AI at scale.
Where can investors access GlobalFoundries’ 2026 Investor Day replay?
A replay of GlobalFoundries’ 2026 Investor Day, including leadership presentations, will be available at https://investors.gf.com. This provides more detail on the growth roadmap, capital allocation framework and AI-focused strategy discussed at the event.