Hon Hai Hits Near 17-Year High in 5 Trading Days Completion of Dividend Distribution

Reported about 1 year ago

Hon Hai's stock price soared to 226 NTD, reaching a near 17-year high within just 5 trading days after the completion of dividend distribution. The company continues to perform well in the AI server sector, with expectations of over 40% revenue growth in AI servers this year. The stock's surge today brought its market value back above 3 trillion NTD, making it the second largest company on the Taiwan Stock Exchange. Hon Hai also achieved its highest cash dividend payout ratio in its history since its listing in 1991, and reported record-high revenues for the second quarter of this year.

Source: YAHOO

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