Reported 8 months ago
Foreign investors are focusing on high yield stocks with a cash dividend rate of over 4%, showing interest in stocks like Evergreen Marine, Mega Financial Holding, and Yuanta Financial Holding. Foreign investors have accumulated buying of Taiwanese stocks for 3 consecutive days, reaching a total of NT$89.3 billion. With companies in Taiwan estimated to achieve a profit growth of 20% this year and exceeding 20% next year, the market is witnessing a surge in funds flowing in due to the establishment of AI long-term trends. Despite the current P/E ratio reaching 19 times the level and exceeding profit expectations for next year, there are still many stocks with a cash dividend yield of over 4%. Additionally, foreign capital has been aggressively buying back Taiwanese stocks, with a net buy of NT$22.71 billion on the 20th and a total of NT$89.376 billion over the past 3 trading days, totaling an accumulation of NT$144.881 billion since starting this buying streak on June 12th. As of June 20th, screening for stocks with a cash dividend yield exceeding 4% and recent bullish activities by foreign investors, there are 14 stocks with high dividends and strong fundamentals such as Evergreen Marine, Mega Financial Holding, Yuanta Financial Holding, China Life Insurance, Uni-President Securities, Taishin Securities, among others.
Source: YAHOO