The Taiwan Fund, Inc. (TWN) to Issue Annual Dividend of $7.40 on January 10th

The Taiwan Fund, Inc. (NYSE:TWN) declared an annual dividend on Friday, December 13th,NASDAQ Dividends reports. Stockholders of record on Friday, December 27th will be given a dividend of 7.3984 per share on Friday, January 10th. This represents a dividend 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 Trading Down 0.3 %

TWN opened at $46.77 on Wednesday. The stock has a 50-day moving average price of $44.51 and a 200-day moving average price of $43.51. The Taiwan Fund has a 12-month low of $33.22 and a 12-month high of $47.24.

About The Taiwan Fund

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.