00881 Dividend Hits Record NT$4.6, Investors Dream of Profits
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- Cathay Taiwan Technology Top 50 ETF (00881) has announced an estimated dividend of NT$4.6 per unit, a record high since its listing.
- This estimated dividend is significantly higher than the NT$2.65 distributed in the previous period, representing a yield of approximately 9.09% based on the previous Friday's closing price.
- The official dividend amount will be announced on August 13, with the ex-dividend date set for August 18, and payments expected on September 11.
Investors in the Cathay Taiwan Technology Top 50 ETF (00881) are celebrating a record-breaking dividend announcement. Cathay Securities Investment Trust recently disclosed that the popular ETF is expected to distribute NT$4.6 per unit, a new high since its inception.
This dividend amount! Exceeded my expectations!
This estimated payout represents a substantial increase from the NT$2.65 distributed in the first half of the year. Based on the ETF's closing price of NT$50.6 on Friday, July 31, this single dividend payment translates to a yield of approximately 9.09%. The news has generated considerable excitement among shareholders, with many expressing their delight on social media platforms.
Wow, so much dividend! So happy โ I'll be smiling in my dreams
Comments ranged from "This dividend amount! Exceeded my expectations!" and "Wow, so much dividend! So happy โ I'll be smiling in my dreams" to "NT$4.6, it has the growth of a market-cap ETF and the power of a high dividend, truly excellent." Others expressed gratitude for their investment decisions, with one user stating, "So moved โ seeing the NT$4.6 dividend, I thank myself for the choice made in 2022 until now."
NT$4.6, it has the growth of a market-cap ETF and the power of a high dividend, truly excellent.
The official dividend amount will be confirmed on August 13. The ex-dividend date is scheduled for August 18, meaning investors must purchase units before this date to be eligible. Those who qualify are expected to receive their dividend payments on September 11. The ETF's strong performance and generous payout are seen as a significant positive for its unit holders.
So moved โ seeing the NT$4.6 dividend, I thank myself for the choice made in 2022 until now.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.