TSMC Files Dividend Adjustment Report
Ticker: TSMWF · Form: 6-K · Filed: May 28, 2024 · CIK: 1046179
| Field | Detail |
|---|---|
| Company | Taiwan Semiconductor Manufacturing Co Ltd (TSMWF) |
| Form Type | 6-K |
| Filed Date | May 28, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Key Dollar Amounts | $90,762,248,472, $3.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: dividend, filing
Related Tickers: TSM
TL;DR
TSMC filed a dividend adjustment report, keep an eye on shareholder payouts.
AI Summary
Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) filed a Form 6-K on May 28, 2024, to report a dividend adjustment. The filing indicates TSMC's commitment to returning value to shareholders, though specific dividend amounts and dates for the adjustment were not detailed in this particular filing.
Why It Matters
This filing signals potential changes in TSMC's dividend policy, which could impact investor returns and the company's valuation.
Risk Assessment
Risk Level: low — This is a routine filing related to dividend adjustments, not indicating significant operational or financial distress.
Key Players & Entities
- Taiwan Semiconductor Manufacturing Company Ltd. (company) — Registrant
- TSMC (company) — Abbreviation for Registrant
FAQ
What is the specific nature of the dividend adjustment being reported by TSMC?
The filing does not specify the exact nature or details of the dividend adjustment, only that it is being reported via a Form 6-K.
When was this dividend adjustment effective or announced?
The filing is dated May 28, 2024, and pertains to the month of May 2024, but does not provide a specific effective date for the dividend adjustment.
Does this filing indicate a change in the dividend amount or payment schedule?
The filing indicates a 'dividend adjustment' which could imply a change, but the specific details of any change to the amount or schedule are not provided in this report.
Is TSMC required to file Form 20-F or Form 40-F annually?
Yes, TSMC indicates with an 'x' that it files annual reports under cover of Form 20-F.
What is TSMC's principal executive office address?
TSMC's principal executive offices are located at No. 8, Li-Hsin Rd. 6, Hsinchu Science Park, Taiwan, R.O.C.
Filing Stats: 331 words · 1 min read · ~1 pages · Grade level 11.1 · Accepted 2024-05-28 06:47:03
Key Financial Figures
- $90,762,248,472 — bruary 6, 2024 approved to distribute NT$90,762,248,472 as cash dividend (NT$3.50 per common sh
- $3.50 — e NT$90,762,248,472 as cash dividend (NT$3.50 per common share) for the fourth quarte
Filing Documents
- tsm-dividendadjustmentx202.htm (6-K) — 17KB
- 0001046179-24-000066.txt ( ) — 18KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Taiwan Semiconductor Manufacturing Company Ltd. Date May 28, 2024 By s Wendell Huang Wendell Huang Senior Vice President and Chief Financial Officer Adjustment to Cash Dividend Per Share TSMC Board of Directors on February 6, 2024 approved to distribute NT$90,762,248,472 as cash dividend (NT$3.50 per common share) for the fourth quarter of 2023, and the dividend will be paid on July 11, 2024. As a result of the reclaiming unvested 2021 restricted stock awards and unvested 2022 restricted stock awards and the issuance of 2023 restricted stock awards during the period between the day the Company's board approved said dividend distribution, and the record date of the distribution, the number of common shares outstanding has changed slightly, resulting in a miniscule difference in the per-share dividends from the per-share amount approved by the Company's board. The cash dividend for the fourth quarter of 2023 is hereby adjusted to NT$ 3.49978969 per common share.