Pathward Financial: ChipMOS Technologies Boosts Dividend Payout for Enhanced Shareholder Value
- ChipMOS Technologies increases cash dividend from NT$1.20 to NT$1.23 per common share, enhancing shareholder returns.
- The cash dividend per American Depositary Share rises from US$0.80 to US$0.82, reflecting the company's financial health.
- Shareholders should note key dividend dates: ex-dividend on June 27, 2025, and distribution on July 25, 2025.
ChipMOS Technologies Enhances Shareholder Value with Increased Dividend Payout
ChipMOS Technologies Inc., a prominent player in the outsourced semiconductor assembly and test services (OSAT) sector, announces a strategic enhancement to its shareholder returns by increasing its cash dividend distribution ratio. The dividend rises from NT$1.20 to approximately NT$1.23 per common share, a move facilitated by the company's recent cancellation of treasury shares and employee share repurchases. This increase reflects ChipMOS's commitment to delivering value to its shareholders while maintaining a strong operational foundation. The adjustment signifies a positive trend in the company's financial health and its ability to generate consistent returns in a competitive market.
The updated cash dividend translates to an increase in the cash dividend per American Depositary Share (ADS) from about US$0.80 to US$0.82. This decision has been officially approved by the Board and was first declared on February 25, 2025, with a formal announcement made on May 27, 2025. Key dates for the dividend distribution include an ex-dividend date of June 27, 2025, and a record date for ADR dividends, which coincide on the same day. Stakeholders should note that the distribution is scheduled for July 25, 2025, with the ADR books closed from June 27 to July 3, 2025, allowing shareholders to prepare accordingly.
ChipMOS operates state-of-the-art facilities located in Hsinchu Science Park, Hsinchu Industrial Park, and Southern Taiwan Science Park. These facilities are integral to delivering comprehensive assembly and testing services to a variety of clients, including fabless semiconductor companies, integrated device manufacturers, and independent foundries across the globe. The company's reputation for excellence and innovation in the semiconductor industry positions it well for future growth, particularly as demand for semiconductor solutions continues to rise amid technological advancements.
In related news, stakeholders interested in the specifics of the dividend distribution process are advised to reach out to Citibank's Tiffany Ma for any inquiries. This ensures that shareholders remain informed about the procedures and timelines associated with their dividends, reinforcing ChipMOS's commitment to transparent communication and shareholder engagement. As the semiconductor landscape evolves, ChipMOS remains focused on leveraging its capabilities to maintain its competitive edge while rewarding its investors.
