Discover the Latest Distribution from The Taiwan Fund, Inc.
The Board of Directors of The Taiwan Fund, Inc. (NYSE: TWN) has made an exciting announcement regarding capital gain distributions. Investors will be pleased to learn that a long-term capital gain distribution amounting to $7.3984 per share has been declared, effectively positioning the Fund for significant shareholder returns.
Distribution Details and Payment Schedule
This pivotal distribution will be payable on January 10 to stockholders who are on record as of December 27. It is noteworthy that the ex-dividend date is also set for December 27, enabling investors to effectively plan their investment strategies.
Exploring the Dividend Reinvestment and Cash Purchase Plan
The Fund encourages stockholders to participate in its Dividend Reinvestment and Cash Purchase Plan. This initiative allows participants to benefit whether the Fund’s shares trade at a premium or a discount. Essentially, the plan ensures that stockholders receive shares reflecting either the net asset value or market price, depending on current trading conditions.
How the Plan Works for Shareholders
In cases where the Fund's shares trade above net asset value, Plan participants can acquire shares valued at either the net asset value or at 95% of the prevailing market price. Conversely, if trading occurs at a discount, they will get shares based on the current market price. Participation is voluntary, and equity holders can decide to withdraw from the Plan at any time, usually under specific requirements outlined in the Plan documentation.
Investment Focus and Strategy of The Taiwan Fund
As a diversified closed-end investment company, The Taiwan Fund aims for long-term capital appreciation, primarily through making strategic investments in equity securities listed on the Taiwan Stock Exchange. This focus on a specific market allows the Fund to capitalize on growth opportunities while managing risks effectively. Investors benefit from a professionally managed portfolio that seeks to exploit market trends and capitalize on value-added opportunities.
Understanding the Shareholder Benefits
Investors holding shares under the ticker symbol TWN on the New York Stock Exchange gain access to a unique investment vehicle tailored towards growth in Taiwan's vibrant economy. The robust strategies outlined by the Fund’s management are formulated to offer competitive results over a significant investment horizon.
Additional Resources for Investors
To explore more about the Fund’s ongoing initiatives, operational updates, and holdings, stockholders are encouraged to visit the Fund’s website. They can also engage with a representative who can provide tailored insights into their investment choices and benefits.
Contact Information for Inquiries
For queries or more in-depth discussions regarding the Fund’s strategies or holdings, interested parties may reach out to Brian F. Link, the Secretary of The Taiwan Fund. He can be contacted directly at 1-800-426-5523 for further assistance.
Frequently Asked Questions
What is the declared distribution amount per share for The Taiwan Fund?
The declared distribution amount is $7.3984 per share.
When will the distribution be paid to shareholders?
The distribution will be paid on January 10 to shareholders on record as of December 27.
What is the purpose of the Dividend Reinvestment and Cash Purchase Plan?
The Plan allows shareholders to reinvest dividends or purchase additional shares, providing benefits based on market conditions.
Where can I find more information about The Taiwan Fund?
Investors can visit the Fund’s official website for detailed information about its operations and investment strategies.
Who can I contact for assistance regarding my shares in The Taiwan Fund?
Brian F. Link, Secretary of The Taiwan Fund, can be contacted at 1-800-426-5523 for any inquiries.
