In light of continued interest rate cuts by the central bank, many adventurous investors prefer to put their money in stocks with solid growth prospects and high yields rather than in low-yielding bank accounts. In fact, stock accumulation has become a quite popular investment strategy in Taiwan, evidenced by a highly sought-after financial stock seeing its shareholder number increase by more than 50%, from 240k to 370k (as of July 31, 2020), in just one year, according to statistics of TDCC.

For investors following the accumulation strategy, it is essential to know the amount of dividends they are entitled to and when the dividends distribution will take place. At the moment, issuing companies print out hard-copy letters to keep shareholders informed, but the letters may be lost by accident and shareholders cannot read them as they wish without carrying the letters all the time. While some websites do provide dividend information, investors are required to search for individual companies and take notes, which is not very convenient. As such, TDCC has added a new function in its e-Passbook app that not only provides dividend distribution information, but also sends push messages to users on the ex-right/ ex-div date, so that investors know what company has paid how much in dividend to them on a given day. Additionally, investors can request an overview of all dividends they are entitled to by selecting “shareholder’s rights: receiving dividends” in our ePASSBOOK app. It’s just that simple and straight forward.

In case some investors are curious about what other stocks out there are worth accumulating, they can select “e-stock seach: stock picking” in the app to find out the EPS and dividend yields of companies they are interested in. The search function also provides similar stock comparison to help users find the hidden gems.

The dividend distribution season is coming and we know all accumulating investors must look forward to it. Our convenient, user-friendly e-Passbook app is here keep them in the loop.