Largan Precision approves cash dividend of NT$68 per share

Formosa News
Date: 2019/06/12

Largan Precision Company, a camera lens supplier to Apple, has approved its second-highest cash dividend per share in history. At an annual meeting today, shareholders approved a proposal to issue cash dividends of NT$68 per share. Largan executives say that even with blowback from the U.S.-China trade war, production lines are at full capacity. Largan expects to see orders rise in July, and it plans to press on with its expansion projects.

Shareholders at Largan Precision's general meeting have approved a cash dividend of NT$68 per share. They also approved changes to the board of directors. The Lin family's holding company took three board seats to become Largan's single largest corporate shareholder.    [FULL  STORY]

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