Taiwan Depository & Clearing Corporation

TDCC approved a dividend of NT$4.1 per share on the 26th of April, as part of its 2022 profit distribution plan. The dividend includes NT$2.9 in cash and NT$1.2 in stock dividends, which will increase the company's share capital to NT$6.54 billion. The company's annual shareholders' meeting is scheduled for June 19th.

TDCC's dividend policy in recent years has included a mix of cash and stock dividends, with a maximum dividend of NT$7.6 per share (NT$4.2 in cash and NT$3.4 in stock) in 2021, and the second highest was NT$5.7 per share (NT$4.5 in cash and NT$1.2 in stock) in 2020. TDCC Chairman, Han-Chiang Chu, stated that the company's dividend policy aims to balance the distribution of profits and consider the capital scale of domestic and foreign peers. When profits are higher, stock dividends are distributed to prepare for future capital investment and to continue strengthening the company's capital base.

Despite a 36% decrease in Taiwan's stock trading volume last year, TDCC has developed diversified business services, which have reduced the impact of market fluctuations. In 2022, TDCC's net profit after tax was NT$4.252 billion, with earnings per share (EPS) of NT$7.28, demonstrating the company's operational results from diversified sources of revenue.

As the only back-end institution for Taiwan's capital and currency markets, TDCC continues to provide safe and efficient core services, such as registration, custody, and book-entry services, as well as optimizing the fixed-income securities and fund markets' operations. The company is also actively expanding digital innovative business and promoting big data applications to build the foundation of digital finance and achieve its vision of innovation, resilience, sustainability, and financial inclusion.