Dynamic Electronics Co., Ltd. Announces Dividend Distribution Changes
June 24, 2022 at 03:23 am EDT
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Dynamic Electronics Co., Ltd. announced cash dividend of cash dividend of TWD 194,262,852, TWD 0.7 is distributed per share, after the change dividend of TWD 194,262,852, TWD 0.69994541 is distributed per share. Reason for the change: As the company issued the second domestic unsecured convertible bonds and its creditors applied for conversion of common shares, which affected the total number of outstanding shares. According to the resolution of the board of directors on 2022 02 23, the chairman was authorized to adjust the cash dividend payout ratio.
Dynamic Holding Co Ltd is a Taiwan-based company mainly engaged in the manufacturing, processing and sales of printed circuit boards. The Company's main products include traditional rigid boards, high-density link boards, rigid-soft composite boards, high-grade multilayer boards, thick copper boards, high heat dissipation boards with embedded copper blocks, and high frequency microwave boards. The products are mainly used in automotive, optoelectronics, storage devices, consumer electronics, networking and green energy boards. The Company sells products in the Taiwan market as well as in mainland China, Germany, Thailand, Korea, the United States and other overseas markets.