Largan proposes record cash dividendStaff writer, with CNALargan Precision Co (大立光), a supplier of smartphone camera lenses to Apple Inc, has proposed a record cash dividend per share of NT$91.5 based on last year’s earnings. The cash dividend represents a payout ratio of about 50.03 percent, the first time in 11 years that it has surpassed 50 percent. Largan, a supplier of smartphone camera lenses to Apple Inc, yesterday said its board of directors has proposed a record cash dividend per share of NT$91.5 based on last year’s earnings of NT$182.9 per share. Photo: Chen Mei-ying, Taipei TimesLargan’s dividend payout ratio over the past decade has ranged between 30 and 40 percent. If shareholders approve the proposal, Largan would distribute a total of NT$12.27 billion in cash dividends, its highest in history.

Source: Taipei Times February 22, 2021 15:56 UTC