TSMC Ex-Dividend Triggers Interest Rate Meeting Again

TSMC Ex-Dividend Triggers Market Surge, ‘Interest Rate Meeting’ Play Continues

Taipei, Taiwan ⁤ – Taiwan Semiconductor Manufacturing Co. (TSMC) ⁢went ex-dividend today, December 12th, sending ripples through the market and marking another accomplished ⁤”interest rate meeting” play. The chip‍ giant’s⁣ second-quarter cash dividend of NT$3.99963706 per share, totaling NT$103.721 billion, will be paid out on January 9th next year.

This ex-dividend event is expected to impact the⁣ market index by approximately 32.53 points, according to stock⁤ exchange estimates. ‍TSMC has consistently distributed quarterly dividends‍ since 2019,successfully completing 21 ex-dividend‍ events. Today’s event marks the 17th time ⁢the ex-dividend day has seen a rapid ⁤fill of interest, further solidifying TSMC’s reputation for strong investor returns.

The recent surge in⁣ the Nasdaq index, which crossed the 20,000-point mark⁢ for the first time, fueled by positive inflation data and expectations of further interest rate cuts by the Federal Reserve, also contributed⁤ to TSMC’s ex-dividend⁣ success.TSMC’s American Depository Receipts (ADRs) rose 1.39%, driving investor interest.

This ex-dividend event has notable implications for major TSMC shareholders. Former chairman Morris Chang, who retired in ⁢June 2018, would have received an estimated NT$500 million in dividends if he had ⁣retained his 125 million shares. Current chairman Mark Liu, holding 6.392834 shares, is expected to receive NT$25.56⁤ million. The National Growth Fund Management Committee,which owns 1.6537 billion shares, stands to⁤ gain an estimated NT$6.614 billion.

This latest ex-dividend event underscores TSMC’s continued dominance in the semiconductor industry and its commitment to rewarding ⁣shareholders.

TSMC Ex-Dividend Triggers‍ Market Surge,⁢ ‘Interest Rate meeting’ Play Continues

Taiwan Semiconductor Manufacturing Co. (TSMC) went ex-dividend today,December 12th,sparking a market surge and illustrating the⁤ ongoing success of⁣ the “interest ⁤rate meeting” play. The⁢ chip giant’s second-quarter cash dividend of ⁤NT$3.99963706⁢ per share, amounting to NT$103.721 billion, will be paid out ⁣on January 9th.

This ex-dividend event is‍ projected to positively impact ⁣the market index‍ by approximately 32.53 points according to the stock exchange. TSMC has consistently issued quarterly dividends since 2019, successfully completing 21 ex-dividend events. Today’s event marks the 17th time the ex-dividend‍ day has seen a rapid fill of interest.

The recent surge in the Nasdaq index, which crossed the 20,000-point mark for⁢ the first time, fueled ⁢by positive inflation data ⁢and anticipation of further interest rate cuts by the Federal ⁤Reserve, also contributed to TSMC’s ex-dividend success. TSMC’s American Depository Receipts (ADRs) rose 1.39%, driving investor interest.

This ex-dividend event holds meaningful ⁣implications for major ⁢TSMC shareholders. Former chairman morris Chang, who ⁢retired in June 2018, would have received an estimated NT$500 million in ⁤dividends⁣ if‍ he had retained⁣ his 125 million shares. Current Chairman Mark Liu, ⁢holding 6.392834 shares, is expected to receive NT$25.56 million. The National Growth Fund management Committee, which ‍owns⁢ 1.6537 billion shares, stands to gain an ‍estimated NT$6.614 billion.

TSMC’s latest ex-dividend event underscores its continued dominance in the semiconductor industry and its commitment to rewarding shareholders.