Reported 8 months ago
Yageo (2327) is expected to outperform in the second quarter due to inventory digestion and strong momentum in AI customer orders. The stock price reached a new high before ex-dividend at the 700 NT$ mark, boosted by the positive outlook. On June 14, institutional investors made a strong net purchase of 2,120 shares, with foreign institutional investors leading the way with a net purchase of 1,866 shares, the second-largest single-day net purchase since May. Yageo announced that it will go ex-dividend on June 27 with an estimated total dividend amount of up to 8.385 billion NT$. Yageo also plans to go ex-rights by 2 NT$, with the ex-rights date to be announced separately. Yageo is optimistic about the third quarter, expecting continued improvement in utilization rates, with standard product utilization rates potentially reaching 65% and high-end niche product utilization rates reaching 75%, marking the peak season for operations in the third quarter.
Source: YAHOO