Chunghwa plans to draw investors with high dividend yield

In a bid to counter negative sentiment towards telecom stocks, the international privatization of Taiwan''s Chunghwa Telecom is to be marketed as a defensive sectoral and country play.

Jackie Horne

January 11, 2001

Contrary to most international equity markets, where high growth tech and telecom stocks often pay no dividend at all and low growth utility stocks tempt investors with a high dividend, Chunghwa Telecom is planning to offer investors an 8% dividend yield.

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