Taiwan's '00919' ETF hits new high amid market downturn, dividend payout eyed

The "00919" exchange-traded fund, known as "Chunghwa Taiwan Select High Dividend," defied a weaker broader market on Taiwan's stock exchange today, reaching a new intraday high of NT$31.08. The fund, popular with a million retail investors, saw continuous buying interest throughout the trading session.

Opening at NT$30.7, up NT$0.5 from the previous close, the ETF's price climbed steadily. This surge has generated considerable discussion among investors on social media platforms, with comments like "Hit a new high, awesome, love 919" and "Buy 919, today's high is tomorrow's low, buy with eyes closed." The positive sentiment surrounding the ETF is palpable, indicating a strong bullish outlook among its holders.

“

Hit a new high, awesome, love 919

Beyond its stock performance, the upcoming third-quarter dividend distribution for 00919 is a major focus for investors. The fund is scheduled to announce its dividend amount next Monday, August 31. Last quarter, 00919's dividend payout exceeded NT$1 for the first time, setting a new record. Expectations are high for this quarter's distribution, with investors keen to see if it will surpass the previous payout.

The fund's consistent performance and attractive dividend payouts have made it a favorite in Taiwan's market. Its ability to reach new highs even amidst market volatility underscores its appeal to investors seeking stable, high-yield opportunities.

“

Buy 919, today's high is tomorrow's low, buy with eyes closed