The Taiwan Fund, Inc. (NYSE:TWN) Raises Dividend to $7.40 Per Share

The Taiwan Fund, Inc. (NYSE:TWN) announced an annual dividend on Friday, December 13th,NASDAQ Dividends reports. Investors of record on Friday, December 27th will be given a dividend of 7.3984 per share on Friday, January 10th. This represents a yield of 16.17%. The ex-dividend date of this dividend is Friday, December 27th. This is a boost from The Taiwan Fund’s previous annual dividend of $0.44.

The Taiwan Fund has raised its dividend payment by an average of 5.1% per year over the last three years.

The Taiwan Fund Stock Up 1.4 %

Shares of NYSE:TWN traded up $0.62 during trading hours on Friday, hitting $45.75. 48,449 shares of the company’s stock traded hands, compared to its average volume of 18,992. The business has a fifty day moving average price of $44.19 and a 200-day moving average price of $43.18. The Taiwan Fund has a 1 year low of $32.88 and a 1 year high of $46.41.

The Taiwan Fund Company Profile

The Taiwan Fund, Inc is a closed-ended equity mutual fund launched and managed by Nomura Asset Management U.SA Inc It invests in the public equity markets of Taiwan. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental analysis focusing on such factors as overall growth prospects, competitive position in the respective industry, technology, research, and development, productivity, labor costs, raw material costs and sources, profit margins, return on investment, capital resources, government regulation, and management to create its portfolio.