0050 Dividend Declared! 1 Yuan per Share with Annual Dividend Yield of Only 2.14%

Reported 12 months ago

Yuanta Taiwan Top 50 (0050), which has nearly 670,000 shareholders, announced a dividend distribution of 1 yuan per share today, resulting in a dividend yield of 0.54% for a single time and an annualized dividend yield of only 2.14% based on the closing price of 186.6 yuan today. As of June 28, the number of shareholders of 0050 has reached 669,206. The dividend is scheduled to be ex-dividend on July 16 and credited on August 9. However, Yuanta Fund reminds investors that dividend yield is not equal to return and advises caution when dealing with ETF distributions that may vary in amount, especially for products with multiple distributions within a year.

Source: YAHOO

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