Taiwanese chipmaker Powerchip pays out its cash dividend this week, and retail investors are split on whether the stock keeps climbing or stalls afterward.

• Powerchip goes ex-dividend Thursday, handing shareholders a small cash payout totaling over NT$1 billion.
• Bulls point to July revenue jumping about 70% and continued growth in August as reason for more upside.
• Rising memory chip prices and expectations of stronger demand are behind the improving business.
• Skeptics say the real test is whether the stock recovers the dividend gap rather than drifting lower after the payout.

Outlook: The stock's direction after Thursday hinges on whether revenue and profit keep improving enough to pull buyers back in.