Reported 9 months ago
Despite the consensus in the passive component industry that the destocking wave has brought about restocking, leading passive component companies Nationstar (2327) and distributor Nichia Electric Trading (3090) both experienced falling dividend trends on the first day of ex-dividends, with Nationstar dipping by about 20% at one point but ultimately closing slightly down due to selling pressure in the market. Nationstar went ex-dividend at NT$19.97238, with a reference price of NT$743, reaching a high of NT$747 before closing at NT$742. The dividend is set to be paid on July 19, with an additional NT$2 dividend pending announcement. Similarly, Nichia Electric Trading went ex-dividend at NT$3.4, with a reference price of NT$64.9, briefly filling the dividend at 2.94% before closing at NT$63.3, a decrease of 2.46%. Major shareholder Wintek Technology is expected to receive a dividend income of NT$105 million from Nichia Electric Trading this year. The dividends for Nichia Electric Trading are planned to be distributed on July 31.
Source: YAHOO