Highly Surprising 19% Dividend Yield for 00934! Massive Volume Surge in First Hour, Topping Taiwan Stocks

Reported 12 months ago

The newly-listed Cathay Growth High Dividend ETF (00934) disclosed a dividend of 0.33 yuan, setting a new record for dividend yield among high dividend ETFs this year with a rate of 19%. In the first hour of trading today, the stock saw a surge with over 120,000 shares traded, becoming the top stock in terms of volume despite the overall market decline. The stock closed with a trading volume of 248,000 shares, ranking only behind 00929. The stock, known for its 'off-season growth' and 'seasonal high dividend' strategies, focuses on tracking the Taiwan Select High Dividend Index.

Source: YAHOO

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