Reported 7 months ago
TSMC's dividend distribution on June 12, 2024, led to a rapid rise in stock price, reaching a new high of 933 NTD per share as the market surged over 300 points, breaking 22,300 points on the Taiwan stock exchange. The company's aggressive dividend filling tactics have been successful 15 out of 19 times since adopting quarterly dividends in 2019. TSMC's strong performance is supported by robust demand for their 3nm and 5nm technologies, with revenue in May reaching 229.62 billion NTD, up 30.1% from the same period last year and positioning them as the 8th largest global company by market capitalization at $897.2 billion.
Source: YAHOO