Lite-On Technology fills its dividend gap on first day of ex-dividend trading
Lite-On Technology shares climbed while Taiwan's main index fell sharply, a good sign for holders of the power supply maker.
- Lite-On went ex-dividend Tuesday, paying NT$2.5 per share in cash.
- The stock briefly fell with the weak broader market, then turned higher and closed up on the day.
- That gain fully covered the dividend gap, meaning shareholders got the payout without losing value in the share price.
- The dividend works out to a yield under 1%, so the appeal here is share price strength, not income.
Outlook: Holding above the ex-dividend reference price suggests buyers are still stepping in, even with Taiwan stocks under pressure.