Reported 12 months ago
On July 2, TSMC (2303) had its ex-dividend day with a reference price of 53.9 NTD. Due to market fluctuations, the stock dropped significantly on the ex-dividend day; however, some investors seized the opportunity to buy at a lower price, leading to a trading volume of over 50,000 shares within the first half-hour, ranking second in the Taiwan stock market. TSMC's dividend of 3 NTD per share resulted in a dividend yield of 5.27%. Despite opening at 53.5 NTD and dropping to 52.6 NTD, TSMC stabilized around 52.7 NTD by mid-morning. The company's board had decided to distribute a cash dividend of 3 NTD per share, with an ex-dividend date on July 2 and dividend payout date on July 24. TSMC's financial performance in the previous year included revenues of 222.5 billion NTD, a gross profit margin of 34.9%, an operating profit margin of 26%, net earnings of 61.4 billion NTD, and earnings per share of 4.93 NTD.
Source: YAHOO