That represents a payout ratio of about 51 percent based on its earnings per share of NT$5.39 in the first three months of this year. TSMC said that its board of directors approved the cash dividend distribution yesterday. A new Taiwan Semiconductor Manufacturing Co facility is pictured in the Southern Taiwan Science Park in Tainan on Jan. 25. The board yesterday approved postponing its annual shareholders’ meeting until July 26. The board yesterday also approved the promotion of Jonathan Lee (李俊賢) to vice president.

Source: Taipei Times June 09, 2021 15:56 UTC