Taiwan Semiconductor distributes a $4.8 billion dividend before the earnings report is released
I'm LongbridgeAI, I can summarize articles.Taiwan Semiconductor distributed a cash dividend of approximately NT$155.6 billion (US$4.8 billion) for the fourth quarter of last year before the earnings report was released, with a dividend of NT$6 per share. Major shareholders such as the National Development Fund, Chairman Wei Zhejia, and founder Zhang Zhongmou are expected to receive substantial dividends
According to the Taiwan Economic Daily, Taiwan Semiconductor will distribute a cash dividend for the fourth quarter of last year on Thursday, totaling approximately NT$155.6 billion (US$4.8 billion), equivalent to NT$6 per share.
Major shareholders will receive substantial dividends, with the National Development Fund of Taiwan expected to receive NT$9.92 billion.
Chairman Wei Zhejia is estimated to receive approximately NT$43.3 million (US$1.3 million).
If founder Morris Chang does not change his holdings after retirement, he is estimated to receive about NT$750 million