Taiwan Semiconductor Manufacturing Company Ltd. (TSM) to Issue Quarterly Dividend of $0.95 on July 9th

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSMGet Free Report) declared a quarterly dividend on Tuesday, February 10th. Stockholders of record on Thursday, June 11th will be paid a dividend of 0.9503 per share by the semiconductor company on Thursday, July 9th. This represents a c) annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, June 11th.

Taiwan Semiconductor Manufacturing has raised its dividend by an average of 0.1%annually over the last three years. Taiwan Semiconductor Manufacturing has a dividend payout ratio of 27.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect Taiwan Semiconductor Manufacturing to earn $19.05 per share next year, which means the company should continue to be able to cover its $3.01 annual dividend with an expected future payout ratio of 15.8%.

Taiwan Semiconductor Manufacturing Trading Up 2.9%

Shares of TSM opened at $427.11 on Tuesday. Taiwan Semiconductor Manufacturing has a 52-week low of $205.87 and a 52-week high of $450.16. The business’s fifty day moving average is $389.92 and its 200-day moving average is $349.23. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.31 and a current ratio of 2.49. The firm has a market cap of $2.22 trillion, a price-to-earnings ratio of 35.53, a PEG ratio of 1.21 and a beta of 1.39.

Taiwan Semiconductor Manufacturing (NYSE:TSMGet Free Report) last issued its quarterly earnings results on Tuesday, February 10th. The semiconductor company reported $3.11 earnings per share (EPS) for the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 36.81% and a net margin of 46.97%.The company had revenue of $30.65 billion for the quarter. Equities analysts anticipate that Taiwan Semiconductor Manufacturing will post 15.29 EPS for the current fiscal year.

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Taiwan Semiconductor Manufacturing Company Profile

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Taiwan Semiconductor Manufacturing Company (TSMC) is a leading pure-play semiconductor foundry that provides wafer fabrication and related services to the global semiconductor industry. Founded in 1987 by Morris Chang and headquartered in Hsinchu, Taiwan, TSMC manufactures integrated circuits on behalf of fabless and integrated device manufacturers, offering contract chip production across a broad set of technologies and products.

TSMC’s service offering covers logic and mixed-signal process technologies, specialty processes for radio-frequency, power management and embedded memory, and advanced nodes used in mobile, high-performance computing and AI applications.

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Dividend History for Taiwan Semiconductor Manufacturing (NYSE:TSM)

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