Evergreen Aviation to Distribute NT$2 Cash Dividend Per Share on July 8
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- Evergreen Aviation (2618) will distribute a cash dividend of NT$2 per share on July 8.
- The dividend yield is approximately 4.66% based on the stock's closing price.
- The cash dividend will be officially paid out on August 7.
Evergreen Aviation (2618) announced it will proceed with its ex-dividend process on July 8, distributing a cash dividend of NT$2 per share to its shareholders. This payout offers investors an attractive dividend yield of approximately 4.66%, calculated based on the stock's closing price.
The airline's stock closed at NT$42.95 on Tuesday. The ex-dividend trading date is set for July 8, with the last day for share transfer registration on July 9. The company will halt stock transfers from July 10 to July 14.
Shareholders can expect the official disbursement of the cash dividend on August 7. As of around 9:30 AM Taipei time on June 24, Evergreen Aviation's stock was trading at NT$44.15, marking a 2.79% increase for the day.
This announcement comes amidst a volatile stock market, with the broader Taiwanese stock index experiencing significant drops. However, Evergreen Aviation's dividend distribution is likely to be a point of interest for investors seeking stable returns.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.