Dividend
Policy
Yuanta Core Pacific Securities (Yuanta)
allocates 10% of earnings as legal
earnings reserve and 20% as special
earnings reserve. Of the remaining
70%, between 1% and 2% shall be distributed
to board members as compensation;
between 2% and 5% shall be distributed
to employees as bonus. When the Board
of Directors considers the proposal
for profit dividend, the amount cannot
be lower than 50% of that year's after
tax profit. Within the amount distributed,
cash dividend must compose no less
than 10% and the Board shall seek
to maximize cash dividend.
