TSMC to deal out cash dividend of NT$4.50 for 2014
Josephine Lien, Taipei; Jessie Shen, DIGITIMES [Tuesday 10 February 2015]
Taiwan Semiconductor Manufacturing Company's (TSMC) board of directors on January 10 adopted a proposal recommending the distribution of a NT$4.50 (US$0.14) cash dividend per common share for its 2014 operations. The proposal will be discussed and decided at TSMC's annual general meeting on June 9, 2015.
The board of directors also approved distribution of employee cash bonuses and profit sharing totaling approximately NT$35.29 billion.
In addition, TSMC's board approved a capital appropriation in the amount of about US$2 billion for the purpose of building additional capacity for advanced, mainstream and specialty technology nodes, the conversion of certain logic capacity to specialty technologies, capacity for advanced packaging and assembly, R&D capital investments and sustaining capital expenditures.
TSMC posted net income of NT$263.78 billion, or NT$10.18 per share, on consolidated revenues of NT$762.81 billion in 2014.
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