TSMC ( (TSM) ) has issued an announcement.
On November 12, 2024, TSMC’s Board of Directors approved a cash dividend distribution of NT$116,697,299,589, equivalent to NT$4.50 per common share, for the third quarter of 2024. Due to the reclamation of shares following the vesting of restricted stock awards, the number of common shares outstanding changed slightly, resulting in a minor adjustment to the per-share dividend, which is now NT$4.50002042. This adjustment reflects TSMC’s commitment to shareholder returns and highlights the company’s operational adjustments in response to stock award vesting.
More about TSMC
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) is a leading company in the semiconductor industry, primarily engaged in the manufacturing of integrated circuits and related services. It is known for its focus on advanced semiconductor technology and serves a global market.
YTD Price Performance: -10.44%
Average Trading Volume: 15,732,414
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $819.7B
See more data about TSM stock on TipRanks’ Stock Analysis page.