Reported 7 months ago
In the May constituency change of Cathay Taiwan Select High Dividend Equity ETF (00919), the latest top ten components have been unveiled. Based on data from the Cathay Site, the top ten components and their respective share weights are TSMC 9.69%, CTBC Financial Holding 9.38%, MediaTek 9%, Evergreen Group 8.9%, Novatek 8.76%, Evergreen Marine 6.6%, UMC 6.3%, LSC 4.81%, Zhonghao 4.28%, and ASE 3.4%. While traditional components like Evergreen, TSMC, MediaTek, Novatek, CTBC Financial Holding, LSC, Zhonghao, and ASE remain, new additions include Evergreen Marine and UMC. Overall, there is a mix of electronics, traditional, and financial stocks for risk diversification. Sector updates indicate that the ETF may see a rise in construction and medium-sized financial stocks' cash dividends this year, but their weight in the final allocation is around 1%, showing the importance of considering factors such as cash dividend rates, market capitalization, and long-term trading volume when selecting constituent stocks. 00919 is set to distribute dividends for the fifth time on June 24, with an estimated payment of 0.7 yuan, breaking a consecutive 10% annual distribution rate for five seasons. Coupled with a near 20% return on investment since the beginning of the year, investors are advised to keep an eye on entering by June 21. For more insights, the report includes updates on Taiwan's stock hitting a record high of 22,440 points, with TSMC nearly reaching 1,000 yuan, and analysts' outlook on future trends amidst the freeze in the central bank's interest rate and sudden increase in reserve requirements, along with the sixth wave of credit control measures in the housing market.
Source: YAHOO