Page 66 - 2017 TSMC Annual Report

4 1 1 10 Share Information
TSMC’s TSMC’s earnings per per share share in in in in 2017 increase 2 2 2 2 7% from 2016 to NT$13 23 per per share share The following table details TSMC’s TSMC’s market price net worth earnings and dividends per common share as as well as as other data regarding return on
on
investment Market Price Net Worth Earnings and Dividends Per Common Share Unit: NT$ except for weighted average shares and return on
investment ratios
Market Price Per Share (Note 1)
Highest Market Price Lowest Market Price Average Market Price Net Worth Per Share Before Distribution
After Distribution
Earnings Per Share Weighted Average Shares (thousand shares) Diluted Earnings Per Share Dividends Per Share Cash Dividends Accumulated Undistributed Dividend Return on
Investment
Price/Earnings Ratio (Note 2) Price/Dividend Ratio (Note 3) Cash Dividend Yield (Note 4)
Note Note 1: Referred to TWSE website
Note Note Note 2: Price/Earnings Ratio Ratio = = Average Average Market Market Price/ Price/ Price/ Price/ Diluted Earnings Earnings Per Per Share Share Note Note Note 3: Price/Dividend Ratio Ratio = = = Average Average Average Market Market Market Price/Cash Dividends Dividends Per Per Per Share Share Share Note Note Note 4: Cash Cash Cash Dividend Dividend Dividend Dividend Yield = = Cash Cash Cash Dividends Dividends Per Per Share/Average Market Market Price Price Price Note Note 5: Pending shareholders’ approval
4 1 1 1 11 Dividend Policy and Distribution
of Earnings 266 00 232 50 246 03
- - - - - - - - - Item
2016 2017 01/01/2018 ~ 02/28/2018
193 00 244 00 131 50 179 50 166 36 210 09
53 58
58
70
46 58
50 70
(Note 5)
25 930 380 25 930 380 12 89
13 23 7 00 8 00 (Note 5)
- - 12 91 15 88 23 77 26 26 26 26 (Note 5)
4 2%
3 8% (Note 5)
TSMC TSMC does not pay dividends dividends when there are no no profits or retained earnings TSMC TSMC has distributed cash dividends dividends every year to its shareholders since 2004 TSMC intends to maintain a a a a a a a a a a stable and and sustainable dividend dividend policy and and will consider raising dividends when free cash flow is sufficient to cover the previous level of dividend payment payment and any debt repayment On February 13 2018 TSMC’s Board of of of Directors adopted a a a a a a a a proposal recommending distribution of of of a a a a a a a a cash dividend of of of NT$8 per share as as shown in in the table below The proposal will be be implemented according to the the the relevant regulations upon the the the approval
of shareholders at at the the the Annual Shareholders’ Meeting on
June 5 2018 Proposal to Distribute 2017 Earnings Unit: NT$ Cash Dividends Paid to Common Shareholders (NT$8 per share)
207 443 043 664
064