Year 2020 2019 2018
Date of the Board of Directors 2021/05/27 2020/05/28 2019/05/30
Cash dividends from retained earnings (NT dollars/share) 0.3 0.3 0.5
Cash from legal reserve and capital surplus (NT dollars/share) 0.0 0.0 0.0
Cash (dividends) – total amounts (NT dollars) 164,325,668 164,325,668 273,876,113
Stock dividends from retained earnings(NT dollars/share) 0.0 0.0 0.0
Stock from legal reserve and capital surplus (NT dollars/share) 0.0 0.0 0.0
Stock (dividends) – total shares 0 0 0
Historical dividend distribution (Code: 1711)

Dividend Policy

If the Company realizes any earnings in the current year, it shall first pay taxes and reimburse previous losses. If there are any remaining earnings, they shall be appropriated in the following orders: 1. 10% of the legal reserve; 2. special reserve in accordance with relevant laws and regulations (the reversal shall also be conducted in accordance with relevant rules); 3. other accumulated undistributed earnings in the beginning period may serve as distributable earnings; however, a certain amount shall be retained depending on the business condition before distributed as shareholders’ bonuses, and shall not be distributed until the motion of earnings distribution is proposed by the Board of Directors to the shareholders’ meeting and has been passed.
The Company’s dividend policy is in line with the needs of the Company’s various business development investments and takes into account the interests of shareholders. In no other special circumstances, the distributed dividends are no less than 50% of the earnings after-tax after deducting legal reserve. The annual cash dividend is not less than 25% of the total dividends.