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Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) announced a annual dividend on Monday, June 30th, American Banking News reports. Investors of record on Wednesday, July 16th will be paid a dividend of 0.5018 per share on Wednesday, August 6th. This represents a dividend yield of 2.35%. The ex-dividend date is Monday, July 14th.

On a related note, analysts at HSBC downgraded shares of Taiwan Semiconductor Mfg. Co. Ltd. from an “overweight” rating to a “neutral” rating in a research note on Tuesday, April 22nd.

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) traded up 0.52% during mid-day trading on Monday, hitting $21.39. The stock had a trading volume of 6,491,238 shares. Taiwan Semiconductor Mfg. Co. Ltd. has a one year low of $15.70 and a one year high of $21.69. The stock’s 50-day moving average is $20.92 and its 200-day moving average is $19.03. The company has a market cap of $110.9 billion and a P/E ratio of 17.16.

Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) last released its earnings data on Thursday, April 17th. The company reported $0.31 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.30 by $0.01. The company had revenue of $148.22 billion for the quarter, compared to the consensus estimate of $147.78 billion. During the same quarter last year, the company posted $1.53 earnings per share. Taiwan Semiconductor Mfg. Co. Ltd.’s revenue was up 11.6% compared to the same quarter last year. On average, analysts predict that Taiwan Semiconductor Mfg. Co. Ltd. will post $1.47 earnings per share for the current fiscal year.

Taiwan Semiconductor Manufacturing Co, Ltd. is principally engaged in the research, development, manufacture and distribution of integrated circuit (NYSE:TSM) related products.

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