TSMC will distribute a cas

▲ TSMC will distribute a cash dividend of NTD2 per share for 1Q19.
▲ TSMC will distribute a cash dividend of NTD2 per share for 1Q19.

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TSMC (2330-TW) announced today on July 9th that the company will distribute a cash dividend of NTD2 per share. The record date is set to be on September 25th, and the ex-dividend date is on September 19th. The cash dividend will be distributed on October 17.

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TSMC passed the amendments to the articles of incorporation at the shareholders meeting on June 5. The board of directors (BOD) will be able to decide the cash dividends distribution every quarter. The BOD decided its 1Q19 cash dividend of NTD2 per share and it is expected to be distributed in 4Q19.

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