Cathay Financial plans to raise TWD 49.998bn ($ 1.88 ) through an issue of preferred shares, selling each share for annual ($ 1.88 ), an annual dividend yield of 3.8% , according to two anonymous sources with direct knowledge. Cathay Financial confirmed that it has made an application to TAIPEI regulators for a share sale but declined to elaborate further.
Cathay Financial Holding plans to raise TWD 49.998bn ($1.6bn) through an issue of preferred shares, selling each share for TWD 60 ($1.88), an annual dividend yield of 3.8%, according to two anonymous sources with direct knowledge. Cathay Financial confirmed that it has made an application to Taiwan regulators for a share sale but declined to elaborate further.