The Taiwan Fund, Inc. Declares Distributions
The Taiwan Fund (NYSE: TWN) has announced a long-term capital gain distribution of $7.3984 per share, payable on January 10, 2025, to stockholders of record on December 27, 2024.
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Rhea-AI Summary
The Taiwan Fund (NYSE: TWN) has announced a long-term capital gain distribution of $7.3984 per share, payable on January 10, 2025, to stockholders of record on December 27, 2024. The ex-dividend date is set for December 27, 2024.
The Fund offers a Dividend Reinvestment and Cash Purchase Plan where participants receive shares valued at the greater of net asset value or 95% of market price when trading at a premium, or at market price when trading at a discount. The Fund is a diversified closed-end investment company focused on long-term capital appreciation through investments in Taiwan Stock Exchange-listed equity securities.
Positive
- Substantial capital gain distribution of $7.3984 per share
- Flexible Dividend Reinvestment Plan offering shares at favorable terms
Negative
- None.
Details
News Market Reaction – TWN
The recorded move for TWN in the trading session of this news was +1.37%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The Fund has a Dividend Reinvestment and Cash Purchase Plan (the "Plan") that is open to all stockholders. If the Fund's shares trade at a premium to the net asset value of the Fund, Plan participants will receive shares of the Fund valued at the greater of the net asset value or
The Fund is a diversified closed-end investment company, which seeks long term capital appreciation primarily through investments in equity securities listed on the Taiwan Stock Exchange. Shares of the Fund are listed on the New York Stock Exchange under the ticker symbol "TWN."
For additional information on the Fund, including information on the Fund's holdings, visit the Fund's website at www.thetaiwanfund.com or call 1-800-426-5523.
CONTACT:
Brian F. Link, Secretary
1-800-426-5523
www.thetaiwanfund.com
View original content:https://www.prnewswire.com/news-releases/the-taiwan-fund-inc-declares-distributions-302331257.html
SOURCE The Taiwan Fund, Inc.
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