The Taiwan Fund, Inc. Indicates Distribution Amount

The Taiwan Fund, Inc. (NYSE: TWN) has announced a total distribution of $2.9227 per share, effective January 10, 2022, for stockholders recorded as of December 28, 2021.

Rhea-AI Summary

The Taiwan Fund, Inc. (NYSE: TWN) has announced a total distribution of $2.9227 per share, effective January 10, 2022, for stockholders recorded as of December 28, 2021. This includes $2.4447 in long-term capital gains and $0.4780 in net investment income. The distribution comes with an ex-dividend date of December 27, 2021. The Fund offers a Dividend Reinvestment and Cash Purchase Plan, allowing stockholders to acquire additional shares based on market conditions. The Taiwan Fund focuses on long-term capital appreciation through investments primarily in Taiwanese equity securities.

Positive

• Total distribution amount of $2.9227 per share.
• Long-term capital gains portion of $2.4447 per share.
• Net investment income of $0.4780 per share.
• Dividend Reinvestment and Cash Purchase Plan available to all stockholders.

Negative

• None.

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NEW YORK, Dec. 27, 2021 /PRNewswire/ -- The Board of Directors of The Taiwan Fund, Inc. (NYSE: TWN) (the "Fund") confirmed capital gain and net investment income distributions in the aggregate amount of $2.9227 per share.  The capital gain portion of the distributions is comprised of long-term capital gains of $2.4447. The net investment income portion of the distributions is $0.4780 per share. The distribution will be payable on January 10, 2022 to stockholders of record on December 28, 2021 with an ex-dividend date of December 27, 2021.

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 95% of the market price.  If the Fund is trading at a discount, Plan participants will receive shares of the Fund valued at market price per share.  All stockholders may elect to participate in the Plan or may withdraw at any time within the limitations described in the Plan.

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.

View original content:https://www.prnewswire.com/news-releases/the-taiwan-fund-inc-indicates-distribution-amount-301450992.html

SOURCE The Taiwan Fund, Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the total distribution amount announced by Taiwan Fund (TWN)?

The total distribution amount announced is $2.9227 per share.

When will the distribution be payable for Taiwan Fund (TWN)?

The distribution will be payable on January 10, 2022.

What is included in the distribution for Taiwan Fund (TWN)?

The distribution includes $2.4447 in long-term capital gains and $0.4780 in net investment income.

What is the ex-dividend date for Taiwan Fund (TWN)?

The ex-dividend date is December 27, 2021.

How can stockholders participate in the Dividend Reinvestment and Cash Purchase Plan for Taiwan Fund (TWN)?

All stockholders can elect to participate in the Plan, which allows them to acquire additional shares based on market conditions.