Le Lézard
Classified in: Business
Subject: DIV

The Taiwan Fund, Inc. Indicates Distribution Amount


NEW YORK, Dec. 28, 2020 /PRNewswire/ -- The Board of Directors of The Taiwan Fund, Inc. (NYSE: TWN) (the "Fund") confirmed capital gain and net investment income distributions in the aggregate amount of $3.3122 per share. The capital gain portion of the distributions is comprised of long-term capital gains of $0.6156 per share and short-term capital gains of $2.3207 per share. The net investment income portion of the distributions is $0.3759 per share. The distribution will be payable on January 8, 2021 to stockholders of record on December 29, 2020 with an ex-dividend date of December 28, 2020.

The Fund has a Dividend Reinvestment and Cash Purchase Plan (the "Plan") that is open to all stockholders. If the Fund's shares trade at a premium to the net asset value of the Fund, Plan participants will receive shares of the Fund valued at the greater of the net asset value or 95% of the market price. If the Fund is trading at a discount, Plan participants will receive shares of the Fund valued at market price per share. All stockholders may elect to participate in the Plan or may withdraw at any time within the limitations described in the Plan.

The Fund is a diversified closed-end investment company, which seeks long term capital appreciation primarily through investments in equity securities listed on the Taiwan Stock Exchange. Shares of the Fund are listed on the New York Stock Exchange under the ticker symbol "TWN."

For additional information on the Fund, including information on the Fund's holdings, visit the Fund's website at www.thetaiwanfund.com or call 1-800-426-5523.

 

SOURCE The Taiwan Fund, Inc.


These press releases may also interest you

at 20:43
Frontera Energy Corporation ("Frontera" or the "Company") announces that its year-end 2020 results, year-end 2020 independent reserves assessment and 2021 capital plan and guidance information will be released after markets close on Wednesday, March...

at 20:19
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed merger of Viking Energy Group, Inc. ("the Company") with Camber Energy, Inc. pursuant to which...

at 20:00
Fenergo, the leading provider of digital transformation, customer journey, and client lifecycle management (CLM) solutions for financial institutions, has won an award for 'Best CLM Solution' at the Asian Private Banker Sixth Technology Awards. This...

at 19:38
Hillenbrand, Inc. has announced the commencement and pricing of its public offering of $350 million aggregate principal amount of 3.7500% senior unsecured notes due 2031 (the "Notes"). The offering is expected to close on or about March 3, 2021,...

at 19:24
At the Annual Meeting of the Board of Directors of the Pacific Pension & Investment Institute (PPI), Angela Rodell was elected to serve as its next chair and Mark Delaney as vice chair. Rodell succeeds Jeb Burns, chief investment officer of the...

at 19:22
Islands Hospice has selected OnePoint Patient Care, an industry leader in local hospice pharmacy, e-prescribing technologies, and Pharmacy Benefits Management (PBM) solutions, as its PBM partner. "Choosing OnePoint as our PBM provider allows us to...



News published on 28 december 2020 at 12:18 and distributed by: