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

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 is Friday, December 27th. This is a boost from The Taiwan Fund’s previous annual dividend of $0.44.

The Taiwan Fund has increased its dividend by an average of 5.1% annually over the last three years.

The Taiwan Fund Price Performance

TWN opened at $45.75 on Friday. The Taiwan Fund has a 1 year low of $32.88 and a 1 year high of $46.41. The firm has a 50 day moving average price of $44.19 and a 200 day moving average price of $43.19.

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.