T3EX planning record cash dividend after profit surge


Source: taipeitimes.com taipeitimes.com

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Thu, Mar 11, 2021 page12 T3EX planning record cash dividend after profit surge By Kao Shih-ching / Staff reporter T3EX Global Holdings Corp’s (台驊) board of directors has approved a proposal to distribute a record cash dividend of NT$3.2 per share after the company’s net profit surged 117 percent to NT$541 million (US$19.1 million) last year. The proposed cash divided suggests a payout ratio of 68 percent based on T3EX’s earnings per share of NT$4.72 and a yield of 6.68 percent based on its closing share price of NT$47.9 in Taipei trading yesterday. “It is our goal to maintain a...