Distribution in 2020
Distribution in 2019
Distribution in 2018
Distribution in 2017
Dividend Policy (abstract from the Articles of Association):
Taisun is a mature company with sound profitability. However, in consideration of the potential capacity extension and vertical development plans in the coming years, legal reserve shall be allocated from 10% of current surplus after paying all taxes required and making up the loss through years according to relevant laws.
If legal reserve exceeds the company’s capital, no reserve is required to allocate. After the reserve allocation or reversal of legal reserve based on the business operating status and the requirements of the law, if there is any surplus left, it shall be added to the accumulated surpluses that have not been allocated in the previous year.
A distribution proposal, at minimum of 50% of total reserve, is made by the Board of Directors and submitted to the shareholders’ meeting for approval. However, more than 30% of the total dividend distribution amount in the current year shall be distributed in cash and the rest amount shall be distributed in the form of stock dividend.
If stock dividend is less than 0.1 New Taiwan Dollar, the Board of Directors shall retain the reserve with no allocation.