Taiwan Semiconductor Manufacturing Company Ltd. (TSM) To Go Ex-Dividend on September 16th

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) declared a quarterly dividend on Tuesday, May 12th. Stockholders of record on Wednesday, September 16th will be given a dividend of 1.1136 per share by the semiconductor company on Thursday, October 8th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Wednesday, September 16th. This is a 17.2% increase from Taiwan Semiconductor Manufacturing’s previous quarterly dividend of $0.95.

Taiwan Semiconductor Manufacturing has raised its dividend payment by an average of 0.1%annually over the last three years. Taiwan Semiconductor Manufacturing has a payout ratio of 32.4% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Taiwan Semiconductor Manufacturing to earn $21.20 per share next year, which means the company should continue to be able to cover its $3.50 annual dividend with an expected future payout ratio of 16.5%.

Taiwan Semiconductor Manufacturing Trading Down 0.0%

NYSE TSM opened at $433.09 on Monday. The firm has a market cap of $2.25 trillion, a PE ratio of 31.25, a price-to-earnings-growth ratio of 0.96 and a beta of 1.39. Taiwan Semiconductor Manufacturing has a 52 week low of $257.98 and a 52 week high of $479.00. The company has a quick ratio of 2.25, a current ratio of 2.46 and a debt-to-equity ratio of 0.14. The company has a 50 day moving average price of $418.99 and a 200 day moving average price of $400.55.

Taiwan Semiconductor Manufacturing (NYSE:TSM) last released its quarterly earnings results on Tuesday, June 30th. The semiconductor company reported $4.28 earnings per share for the quarter. The company had revenue of $39.89 billion during the quarter. Taiwan Semiconductor Manufacturing had a return on equity of 39.25% and a net margin of 50.31%. As a group, sell-side analysts forecast that Taiwan Semiconductor Manufacturing will post 16.55 EPS for the current fiscal year.

Insider Buying and Selling at Taiwan Semiconductor Manufacturing

In related news, VP Lipen Yuan purchased 1,000 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were acquired at an average cost of $74.50 per share, with a total value of $74,500.00. Following the completion of the purchase, the vice president owned 6,000 shares of the company’s stock, valued at $447,000. The trade was a 20.00% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Shyue-Shyh Lin purchased 2,000 shares of the business’s stock in a transaction dated Sunday, July 19th. The shares were acquired at an average price of $71.71 per share, for a total transaction of $143,420.00. Following the acquisition, the vice president directly owned 28,269 shares in the company, valued at $2,027,169.99. This represents a 7.61% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have bought 20,106 shares of company stock worth $1,496,473. 1.11% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in TSM. Cedar Mountain Advisors LLC grew its stake in shares of Taiwan Semiconductor Manufacturing by 88.2% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 64 shares of the semiconductor company’s stock valued at $31,000 after purchasing an additional 30 shares during the period. Markowski Investments acquired a new stake in Taiwan Semiconductor Manufacturing during the 2nd quarter worth $33,000. Quattro Advisors LLC bought a new position in Taiwan Semiconductor Manufacturing during the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC acquired a new stake in Taiwan Semiconductor Manufacturing in the fourth quarter worth $27,000. Finally, Evolution Wealth Management Inc. increased its holdings in shares of Taiwan Semiconductor Manufacturing by 257.7% in the first quarter. Evolution Wealth Management Inc. now owns 93 shares of the semiconductor company’s stock worth $31,000 after acquiring an additional 67 shares in the last quarter. 16.51% of the stock is owned by institutional investors.

Taiwan Semiconductor Manufacturing Company Profile

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), commonly known as TSMC, is a Taiwan-based semiconductor manufacturer and the world’s leading dedicated semiconductor foundry. Founded in 1987 and headquartered in Hsinchu, Taiwan, the company pioneered the pure-play foundry business model, producing chips designed by other companies rather than developing and selling branded semiconductor products of its own.

TSMC manufactures semiconductor wafers using advanced and specialty process technologies.