TSMC Board Raises Q3 Dividend per Share to NT$4.5
On November 12, the Taiwan Semiconductor Manufacturing Co. (TSMC) Board of Directors approved a cash dividend of $4.50 per share for the third quarter of 2024, up from $4 per share in Q2. The dividend distribution date is set for March 24, 2025, with an ex-dividend trading date of March 18, 2025.
In line with its long-term capacity planning based on market demand forecasts and technology roadmaps, the board approved a capital budget of approximately US$15.48 billion. This budget covers plant construction and facilities engineering, advanced chip production capacity, the 2025 R&D and recurring capital budget, and the capitalization of leased assets for 2025.
The board also authorized the issuance of unsecured general corporate bonds, up to NT$60 billion, in the domestic market. These funds will support capacity expansion and pollution control initiatives.
Additionally, TSMC’s board approved the financial results for Q3 2024, reporting consolidated revenue of NT$759.7 billion and a post-tax net profit of NT$325.3 billion, or NT$12.54 per share.