First FHC Board Proposed Distribution of NT$0.95 Cash Dividend and NT$0.45 Stock Dividend

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2016-04-29

The Board of Directors of the First FHC approved financial statements for 2015 and resolved to recommend distribution of NT$0.95 cash dividend and NT$0.45 stock dividend per common share. The amount of total cash dividend payable and the total stock dividend payable will be NTD $10,888,051,062 and NTD $5,157,497,870 respectively. Cash payout ratio would be around 68% of total earnings.

Current shares are 11,461,106,381; after issuance of 515,749,787 new shares, total shares outstanding will be 11,976,856,168.

The proposition is subject to the approval of shareholders at the Annual General Meeting scheduled for June 24 th, 2016.

Company Profile

As of end of 2015, First Financial Holding Co., Ltd. (TWSE: 2892) is one of the largest financial groups in Taiwan, with an asset size of NT$2.50 trillion. There are more than 5 million individuals and corporate clients with a full range of product mix including retail banking, stock brokerage, asset and wealth management, and corporate and investment banking. Subsidiary First Commercial Bank is the major profit driver and has maintained its leading positions in selected areas as the SME business, home mortgages, mutual-fund distributions, deposit and lending. It currently owns 190 branches at home along with 34 overseas branches and representative offices, including US subsidiary of First Commercial Bank (USA). Subsidiary First Securities engages in brokerage, dealing, underwriting, and derivative products via its 26 operating offices around Taiwan. The assets under management by Subsidiary First Securities Investment Trust was over NT$95 billion. Other subsidiaries include First-Aviva Life Insurance Co, First Financial Assets Management Co., First Venture Capital Co., First Financial Management and Consulting Co., and First P&C Insurance Agency Co.,.


For further information, please go to www.ffhc.com.tw

Company Contacts:

Annie Lee / IR Head
Tel: +886 2 2348 4974
Email: i73020@firstbank.com.tw

K.C. Lee
Tel: +886 2348 4956
Email: kc_lee@fhc.com.tw

Keith Ke
Tel: +886 2 2348 4975
Email: Keith_ke@fhc.com.tw

Press Release (PDF)



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