Edimax Technology Co., Ltd. Announces Cash Dividend, Payable on October 16, 2023
August 16, 2023 at 02:08 am EDT
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EDIMAX Technology Co., Ltd. announced cash dividend of TWD 166,369,620; Cash Distribution from Capital Surplus TWD 41,592,405; Ex-rights (ex-dividend) trading date is September 12, 2023; Ex-rights (ex-dividend) record date is September 18, 2023; Payment date of cash dividend distribution is October 16, 2023.
The company announced the adjustment of dividend payout ratio. Type and monetary amount of original dividend distribution: Cash dividends TWD 166,369,620 (TWD 0.80 per share) (2) Cash Distribution from Capital Surplus TWD 41,592,405 (TWD 0.20 per share). Type and monetary amount of dividend distribution after the change: Cash dividends TWD 166,369,620 (TWD 0.78167858 per share). Cash Distribution from Capital Surplus TWD 41,592,405 (TWD 0.19541964 per share). Reason for the change: Due to the conversion of convertible corporate bonds and the exercise of employee stock option certificates, the company's circulation is affected. According to the resolution of the board of directors on March 3, 2023, the number of shares outstanding authorized the chairman to adjust the dividend rate.
EDIMAX TECHNOLOGY CO., LTD. is a Taiwan-based company principally engaged in the research, development, manufacture and sales of network communications products. The Companyâs principal products and services include consumptive communication equipment, telecom operatorsâ communication equipment and communication related services. The Company mainly sells its products under its own brands of EDIMAX and COMTREND. The Company mainly operates through three business segments: retailing business segment, telecom business segment and others segment. The Company mainly distributes its products in domestic market and overseas markets, including the rest of Asia, the Americas and Europe.
EDIMAX TECHNOLOGY CO., LTD. 
