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Taishin Financial lowers FY'16 dividend

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Taishin Financial lowers FY'16 dividend

Taishin Financial Holding Co. Ltd. lowered its common share dividend to 95 Taiwan cents per share for the fiscal year ended Dec. 31, 2016, from NT$1.21 per share in the prior-year period.

The 2016 dividend comprises a cash dividend of 52 cents per share and a stock dividend of 43 cents per share, according to a June 12 release.

As of June 12, US$1 was equivalent to NT$30.15.