TSMC intends to maintain a stable dividend policy and to return about 70% of free cash flow to shareholders every year by distributing quarterly dividends. As the Company's business continues to grow and generates greater amounts of free cash flow, TSMC expects to maintain a sustainable cash dividend on both an annual and quarterly basis.
| 2Q19 | 1Q19 | |
|---|---|---|
| Ex-dividend Date | 2019/12/19 | 2019/09/19 |
| Record Date | 2019/12/25 (Common Shares) 2019/12/20 (ADR) |
2019/09/25 (Common Shares) 2019/09/20 (ADR) |
| Cash Dividend | NT$2.5 per common share About US$0.40 per ADR* |
NT$2.0 per common share US$0.3242542 per ADR US$0.2561608 per ADR net of at-source withholding tax |
| Payment Date | 2020/01/16 (Common Shares) 2020/01/16 (ADR) |
2019/10/17 (Common Shares) 2019/10/17 (ADR) |
| Detailed Announcement | 2Q19 Announcement | 1Q19 Announcement |
Dividend History
| Year | Per Common Share | Ex-Dividend Date | Record Date | Payment Date | Shareholders' Meeting | |
|---|---|---|---|---|---|---|
| Stock Dividend | Cash Dividend | |||||
| 2Q19 | - | NT$2.5 | 2019/12/19 | 2019/12/25 | 2020/01/16 | - |
| 1Q19 | - | NT$2.0 | 2019/09/19 | 2019/09/25 | 2019/10/17 | - |
| 2018 | - | NT$8.0 | 2019/06/24 | 2019/06/30 | 2019/07/18 | 2019/06/05 |
| 2017 | - | NT$8.0 | 2018/06/25 | 2018/07/01 | 2018/07/19 | 2018/06/05 |
| 2016 | - | NT$7.0 | 2017/06/26 | 2017/07/02 | 2017/07/20 | 2017/06/08 |
| 2015 | - | NT$6.0 | 2016/06/27 | 2016/07/03 | 2016/07/21 | 2016/06/07 |
| 2014 | - | NT$4.49987539 | 2015/06/29 | 2015/07/05 | 2015/07/23 | 2015/06/09 |
| 2013 | - | NT$2.99991232 | 2014/07/14 | 2014/07/20 | 2014/08/06 | 2014/06/24 |
| 2012 | - | NT$2.99955220 | 2013/07/03 | 2013/07/09 | 2013/07/24 | 2013/06/11 |
| 2011 | - | NT$2.99948071 | 2012/07/04 | 2012/07/10 | 2012/07/25 | 2012/06/12 |
| 2010 | - | NT$2.99951326 | 2011/06/29 | 2011/07/05 | 2011/07/20 | 2011/06/09 |
| 2009 | - | NT$2.99973242 | 2010/07/06 | 2010/07/12 | 2010/07/22 | 2010/06/15 |
| 2008 | 0.00499982072 share | NT$2.99989241 | 2009/07/15 | 2009/07/21 | 2009/08/11 | 2009/06/10 |
| 2007 | 0.00504178823 share | NT$3.02507290 | 2008/07/16 | 2008/07/22 | 2008/08/12 | 2008/06/13 |
| 2006 | 0.0049991748 share | NT$2.99950486 | 2007/06/08 | 2007/06/16 | 2007/07/05 | 2007/05/07 |
| 2005 | 0.0299903 share | NT$2.4991 | 2006/06/20 | 2006/06/26 | 2006/07/14 | 2006/05/16 |
| 2004 | 0.0499971 share | NT$1.9998 | 2005/06/13 | 2005/06/19 | 2005/07/07 | 2005/05/10 |
| 2003 | 0.1408668 share | NT$0.6037 | 2004/06/14 | 2004/06/20 | 2004/07/08 | 2004/05/11 |
| 2002 | 0.08 share | - | 2003/07/07 | 2003/07/13 | 2003/07/31 | 2003/06/03 |
| 2001 | 0.1 share | - | 2002/06/19 | 2002/06/25 | 2002/07/17 | 2002/05/07 |
| 2000 | 0.4 share | - | 2001/06/26 | 2001/07/02 | 2001/07/23 | 2001/05/15 |
| 1999 | 0.28 share | - | 2000/05/15 | 2000/05/21 | 2000/06/12 | 2000/04/14 |
| 1998 | 0.23 share | - | 1999/06/15 | 1999/06/16 | 1999/08/05 | 1999/05/11 |
| 1997 | 0.45 share | - | 1998/06/15 | 1998/06/16 | 1998/08/11 | 1998/05/12 |
| 1996 | 0.5 share | - | 1997/06/12 | 1997/05/13 | ||
| 1995 | 0.8 share | - | 1996/05/04 | 1996/04/08 | ||
| 1994 | 0.8 share | - | 1995/06/15 | 1995/05/12 | ||
| Year | Per ADS | Ex-Dividend Date | Record Date | Payment Date | Shareholders' Meeting | |
|---|---|---|---|---|---|---|
| Stock Dividend | Cash Dividend | |||||
| 2Q19 | - | ~US$0.40* | 2019/12/19 | 2019/12/20 | 2020/01/16 | - |
| 1Q19 | - | US$0.3242542 | 2019/09/19 | 2019/09/20 | 2019/10/17 | - |
| 2018 | - | US$1.288701 | 2019/06/24 | 2019/06/25 | 2019/07/18 | 2019/06/05 |
| 2017 | - | US$1.3110885 | 2018/06/25 | 2018/06/26 | 2018/07/19 | 2018/06/05 |
| 2016 | - | US$1.151240 | 2017/06/26 | 2017/06/28 | 2017/07/20 | 2017/06/08 |
| 2015 | - | US$0.9394375 | 2016/06/27 | 2016/06/29 | 2016/07/21 | 2016/06/07 |
| 2014 | - | US$0.7228483 | 2015/06/29 | 2015/07/05 | 2015/07/23 | 2015/06/09 |
| 2013 | - | US$0.4994526 | 2014/07/14 | 2014/07/16 | 2014/08/06 | 2014/06/24 |
| 2012 | - | US$0.5010821 | 2013/07/03 | 2013/07/08 | 2013/07/29 | 2013/06/11 |
| 2011 | - | US$0.4973614 | 2012/07/04 | 2012/07/09 | 2012/07/30 | 2012/06/12 |
| 2010 | - | US$0.5182732 | 2011/06/29 | 2011/07/01 | 2011/07/25 | 2011/06/09 |
| 2009 | - | US$0.4659333 | 2010/07/06 | 2010/07/08 | 2010/07/27 | 2010/06/15 |
| 2008 | 0.00499982072 share | US$0.4557029 | 2009/07/15 | 2009/07/17 | 2009/08/14 | 2009/06/10 |
| 2007 | 0.00504178823 share | US$0.4889954 | 2008/07/16 | 2008/07/18 | 2008/08/15 | 2008/06/13 |
| 2006 | 0.0049991748 share | US$0.4561783 | 2007/06/08 | 2007/06/12 | 2007/07/10 | 2007/05/07 |
| 2005 | 0.0299903 share | US$0.3833947 | 2006/06/20 | 2006/06/22 | 2006/07/19 | 2006/05/16 |
| 2004 | 0.0499971 share | US$0.3112563 | 2005/06/13 | 2005/06/15 | 2005/07/12 | 2005/05/10 |
| 2003 | 0.1408668 share | US$0.0894387 | 2004/06/14 | 2004/06/16 | 2004/07/15 | 2004/05/11 |
| 2002 | 0.08 share | - | 2003/07/07 | 2003/07/09 | 2003/08/07 | 2003/06/03 |
| 2001 | 0.1 share | - | 2002/06/19 | 2002/06/21 | 2002/07/23 | 2002/05/07 |
| 2000 | 0.4 share | - | 2001/06/26 | 2001/06/28 | 2001/07/27 | 2001/05/15 |
| 1999 | 0.28 share | - | 2000/05/15 | 2000/05/17 | 2000/06/19 | 2000/04/14 |
| 1998 | 0.23 share | - | 1999/06/15 | 1999/06/17 | 1999/08/13 | 1999/05/11 |
| 1997 | 0.45 share | - | 1998/06/15 | 1998/06/15 | 1998/08/25 | 1998/05/12 |
*Based on estimated exchange rate of 31.55 NT dollars to 1 US dollar. Actual exchange rate remains to be determined upon the payment.
