By: Tien Yu-pin and Frances Huang
Taipei, Feb. 11 (CNA) The Taiwan Stock Exchange (TWSE) has disclosed the average
cash dividend yield on the local main board, a move that brings the local equity market into line with international practice.
The disclosure of the average cash dividend yield, which began in January, comes with other market information released by the TWSE, on market capitalization, average turnover ratio, average price to earnings ratio (PE), average price to book value ratio (PB) and average turnover ratio.
The cash dividend yield represents the ratio of the annual cash dividend a company pays to its share price. A higher dividend yield means investors receive a higher return from their investments.2 [FULL STORY]