Shareholder Relations

Dividend Distribution Policy

The Company’s dividend policy is formulated by the Board of Directors based on the Company’s operational performance, funding needs, capital expenditure budget, overall internal and external environment, while taking shareholders’ interests into consideration. Unless there are special circumstances, the principle of distribution is that dividends shall not exceed 90% of the annual after-tax earnings.

The earnings distribution or loss offset shall be proposed at the close of each half year. The half a year’s earnings, if any, shall first be used to pay all taxes, reserve employee compensation, and offset prior years’ accumulated losses and then set aside 10% as legal reserve. When such legal reserve amounts to the total paid-in capital, the Company shall not be subject to this requirement. The Company may then appropriate or reverse a certain amount as special reserve according to the relevant regulations. The remaining earnings, plus the previous half year’s accumulated undistributed earnings, may be distributed in cash according to the distribution plan proposed by the Board of Directors and approved by the Board of Directors or by issuance of new shares according to the distribution plan proposed by the Board of Directors and approved by the shareholders’ meeting.
To address the current and future capital needs for business expansion and to meet shareholders’ demand for cash inflows, the Company adopts a residual dividend policy. Dividends may not be distributed if the earnings per share (EPS) for the first half of the year is below NT$5. If a dividend distribution is resolved, the total dividend amount shall generally not be less than 10% of the current period’s earnings, with cash dividends accounting for no less than 40% of the total dividends. The amount, type, and ratio of dividend distribution may be adjusted based on the actual earnings and operating conditions of the relevant fiscal year.
The current year’s earnings, if any, shall first be used to pay all taxes and offset prior years’ accumulated losses and then set aside 10% as legal reserve. The Company may then appropriate or reverse a certain amount as special reserve according to the relevant regulations. The remaining earnings, plus the accumulated undistributed earnings, may be distributed by issuance of new shares according to the distribution plan proposed by the Board of Directors and approved by the shareholders’ meeting.
The Company is currently in a phase of steady growth. To meet the capital requirements for current and future business expansion and to satisfy shareholders’ demand for cash inflows, the Company adopts a residual dividend policy. As a principle, the total dividends distributed annually shall not be less than 10% of the annual earnings, with cash dividends accounting for no less than 40% of the total dividends. The amount, type, and ratio of dividend distribution may be adjusted based on the actual earnings and operating conditions of the relevant fiscal year.
According to Paragraph 5, Article 240 of the Company Act, the Company may authorize the distributable dividends and bonuses, or legal reserve and capital reserve set forth in Paragraph 1, Article 241 of the Company Act, in whole or in part, to be paid in cash after a resolution has been adopted by a majority vote at a meeting of the Board of Directors attended by two-thirds of the total number of directors; in addition thereto, a report of such distribution shall be submitted to the shareholders’ meeting.

From 2020 to 2024, MACHVISION achieved a five-year average ROE (Return on Equity) of 18.78%, with annual ROEs of 28.15%, 29.70%, 19.81%, 10.07%, and 6.15%, respectively, demonstrating stable and high-quality returns on shareholders’ equity.

Over the same five-year period, MACHVISION’s average EPS (Earnings Per Share) was NT$12.12, with annual EPS of NT$15.02, NT$18.51, NT$13.35, NT$8.21, and NT$5.52, reflecting consistent and high-quality operational performance.

In terms of cash dividends, MACHVISION distributed an average of NT$9.40 per share over the past five years, with annual cash dividends of NT$12, NT$12, NT$10, NT$7, and NT$6, respectively. Going forward, MACHVISION will continue to strive to maximize shareholders’ interests.

Dividend Distribution Information