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Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) to Issue $0.46 Quarterly Dividend

News Snapshot:

Taiwan Semiconductor Manufacturing Company Limited ( NYSE:TSM – Get Rating ) announced a quarterly dividend on Wednesday, August 10th, Wall Street Journal reports. Investors of record on Friday, December 16th will be paid a dividend of 0.458 per share by the semiconductor company on Thursday, January 12th. This represents a $1.83 annualized dividend and a yield of 2.07%. The ex-dividend date is Thursday, December 15th. Taiwan Semiconductor Manufacturing has a dividend payout ratio of 28.9% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Taiwan Semiconductor Manufacturing to earn $6.53 per share next year, which means the company…

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