Year Stock Dividend (NTD/Share) Cash Dividend(NTD/Share) Total Dividend AGM
Retained Earnings Capital Reserve
2019 0.0 0.0 1.80 1.80 2020/5/29
2018 0.0 0.0 1.60 1.60 2019/6/18
2017 0.0 0.0 2.10 2.10 2018/6/15
2016 0.0 0.0 3.10 3.10 2017/6/15
2015 0.0 0.0 2.10 2.10 2016/6/23
2014 0.0 0.0 2.00 2.00 2015/6/23
2013 0.0 0.0 2.80 2.80 2014/6/13
2012 0.0 1.0 2.80 3.80 2013/6/19
2011 1.0 0.0 3.20 4.20 2012/6/12
2010 1.2 0.0 0.30 1.50 2011/6/24

 

The Company’s dividend policy is determined on the basis of the Company Act and its Articles of Incorporation so as to ensure that the Company operates as usual and to safeguard investors’ rights and interests.

Please refer to Article 29~31 of the Articles of Incorporation for our dividend policy below.

 

01
If there is any profit in a fiscal year, the Company’s pre-tax profits in such fiscal year, prior to deduction of compensations to employees and directors, shall be distributed to employees as compensation in an amount of 2%~8% of thereof and to directors as compensation in an amount of not more than 2% of such profits. The Company may distribute in the ways of shares or cash to employees, employees of subsidiaries of the Company, which depends on certain specific requirements determined by the Board of Directors. The aforementioned compensations to directors can only be distributed by cash. The distribution of employees’ and directors’ compensation shall be reported to the Annual General Meeting. In the event that the Company has accumulated losses, the Company shall reserve an amount to offset accumulated losses.
02
When allocating the net profit for each fiscal year, the Company shall first offset its losses in previous years and then set aside the legal reserve at 10% of net profit until the accumulated legal reserve equals the Company’s capital; and also set aside special reserve in accordance with relevant regulations or as requested by the authorities. Any balance left over and the beginning balance of retained earnings shall be distributed. The earnings appropriations proposal shall be proposed by the Board of Directors and approved by the Annual General Meeting.
03
The Board of Directors shall prepare the proposal for distribution and submit it to the Annual General Meeting for approval after taking into account company profits, capital and financial structure, future business demands, retained earnings, legal reserve, and market competition conditions at the end of every fiscal year.
04
Considering the financial, business and operational factors of the Company, the Company may allocate not less than 50% of distributable earnings for the year for distribution. In order to ensure sound financial structure and safeguard investors’ rights and interests, the Company adopts a dividend equalization policy. More than 50% of distributable earnings for the year shall be distributed as cash dividends.