Cathay Financial : Announce the board of directors of Cathay Life Insurance Co., Ltd. approved the allocation of earnings – Marketscreener.com
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Provided by: CATHAY FINANCIAL HOLDING CO., LTD.
SEQ_NO
2
Date of announcement
2022/03/11
Time of announcement
17:44:52
Subject
Announce the board of directors of Cathay Life
Insurance Co., Ltd. approved the allocation of earnings
Date of events
2022/03/11
To which item it meets
paragraph 14
Statement
1.Date of the board of directors resolution:2022/03/11
2.Type and monetary amount of dividend distribution:
The resolution for 2021 retained earnings will be allocated as follows:
(1)Legal reserve:NT$22,725,076,108
(2)Special reserve:NT$72,964,689,368
(3)Shareholders’ bonus-cash:NT$23,918,732,658
3.Any other matters that need to be specified:
The case will be reviewed by the FSC, and the actual amount of Shareholder’s
bonus-cash still need to be approved by the FSC.
Disclaimer
Cathay Financial Holding Co. Ltd. published this content on 11 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 March 2022 09:55:03 UTC.
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Sales 2021
666 B
23 493 M
23 493 M
Net income 2021
133 B
4 692 M
4 692 M
Net Debt 2021
15 333 M
541 M
541 M
P/E ratio 2021
6,02x
Yield 2021
5,71%
Capitalization
794 B
28 027 M
28 027 M
EV / Sales 2021
1,22x
EV / Sales 2022
1,26x
Nbr of Employees
58 000
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Technical analysis trends CATHAY FINANCIAL HOLDING CO., LTD.
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Income Statement Evolution
Sell
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Mean consensus
OUTPERFORM
Number of Analysts
13
Last Close Price
60,30 TWD
Average target price
68,89 TWD
Spread / Average Target
14,2%
