Himax Technologies, Inc. belittled short-sellers once again by declaring a dividend of $0.24 per share. It is payable on August 14 for shareholders holding stock on July 31. The dividend is great but WU’s words speaks volumes: "The high payout ratio demonstrates our continued support of our shareholder base and strong confidence in the outlook for 2017 and beyond. As reported in the last few earnings calls, we are enlarging our WLO capacity within the current headquarters to meet certain anchor customer's strong demand starting 2017. We are also constructing a new building to house further WLO capacity, the next generation LCOS production lines, and additional office space. Our decision for the high dividend payout ratio, notwithstanding the high capital expenditure this year and next, reflects our confidence on the healthy balance sheet, cash flow and the strong return expected of such expansion." DIY Value Investors have the HIMX PT for 2017 and 2018. Related: Sony makes VR games. Microsoft is developing Hololens. Facebook is struggling with Oculus but continues to invest and develop games for this market.