Taiwan Telco Shareholder Meeting: Small Shareholders Oppose Using Reserves for Dividends, Chairman Hopes to Increase Dividends as Earnings Grow

Reported 11 months ago

During Taiwan Mobile's shareholder meeting, small shareholders expressed concerns about dividends, green energy, and 3G sunset plan. Some shareholders opposed using reserves for dividends and proposed distributing NT$5.5 cash dividend per share. Chairman Cai Mingchong emphasized the importance of dividends, with the meeting approving a cash dividend of NT$4.3 per share, including NT$3.6251 from earnings distribution and NT$0.6749 from reserves. The company's financial officer addressed last year's one-time profit contribution and explained the dividend decision-making process.

Source: YAHOO

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