View Financial HealthChunghwa Telecom 배당 및 자사주 매입배당 기준 점검 3/6Chunghwa Telecom 은(는) 현재 수익률이 3.78% 인 배당금 지급 회사입니다.핵심 정보3.8%배당 수익률n/a자사주 매입 수익률총 주주 수익률n/a미래 배당 수익률4.4%배당 성장률-0.4%다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향103%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Jul 02Upcoming dividend of NT$5.20 per shareEligible shareholders must have bought the stock before 09 July 2026. Payment date: 07 August 2026. The company is paying out more than 100% of its profits and is paying out 83% of its cash flow. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (3.7%).Declared Dividend • Jun 08Dividend increased to NT$5.20Dividend of NT$5.20 is 4.0% higher than last year. Ex-date: 9th July 2026 Payment date: 7th August 2026 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (83% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 15% over the next 3 years, which should be enough to bring the dividend into a sustainable range.공고 • Jun 01Chunghwa Telecom Co., Ltd. Approves Cash Dividend for the Year 2025Chunghwa Telecom Co., Ltd. at its Annual General Meeting of Shareholders held on May 29, 2026 approved the ratification of the 2025 earnings distribution proposal with a cash dividend of TWD 5.2 per share.Upcoming Dividend • Jun 26Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 08 August 2025. The company is paying out more than 100% of its profits and is paying out 80% of its cash flow. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.6%).Declared Dividend • Jun 07Dividend increased to NT$5.00Dividend of NT$5.00 is 5.1% higher than last year. Ex-date: 3rd July 2025 Payment date: 8th August 2025 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (80% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 7.4% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.Upcoming Dividend • Jun 29Upcoming dividend of NT$4.76 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 08 August 2024. The company is paying out more than 100% of its profits and is paying out 78% of its cash flow. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (3.8%).모든 업데이트 보기Recent updatesReported Earnings • Aug 06Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: NT$1.38 (up from NT$1.31 in 2Q 2025). Revenue: NT$61.4b (up 8.2% from 2Q 2025). Net income: NT$10.6b (up 4.7% from 2Q 2025). Profit margin: 17% (in line with 2Q 2025). Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.Buy Or Sell Opportunity • Jul 08Now 20% undervaluedOver the last 90 days, the stock has risen 4.1% to NT$141. The fair value is estimated to be NT$176, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 5.1% in 2 years. Earnings are forecast to grow by 5.1% in the next 2 years.공고 • Jul 02Chunghwa Telecom Co., Ltd. to Report Q2, 2026 Results on Aug 05, 2026Chunghwa Telecom Co., Ltd. announced that they will report Q2, 2026 results at 3:30 PM, Taipei Standard Time on Aug 05, 2026Upcoming Dividend • Jul 02Upcoming dividend of NT$5.20 per shareEligible shareholders must have bought the stock before 09 July 2026. Payment date: 07 August 2026. The company is paying out more than 100% of its profits and is paying out 83% of its cash flow. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (3.7%).Declared Dividend • Jun 08Dividend increased to NT$5.20Dividend of NT$5.20 is 4.0% higher than last year. Ex-date: 9th July 2026 Payment date: 7th August 2026 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (83% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 15% over the next 3 years, which should be enough to bring the dividend into a sustainable range.공고 • Jun 01Chunghwa Telecom Co., Ltd. Approves Cash Dividend for the Year 2025Chunghwa Telecom Co., Ltd. at its Annual General Meeting of Shareholders held on May 29, 2026 approved the ratification of the 2025 earnings distribution proposal with a cash dividend of TWD 5.2 per share.Buy Or Sell Opportunity • May 18Now 21% undervaluedOver the last 90 days, the stock has risen 3.0% to NT$137. The fair value is estimated to be NT$172, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 5.3% in 2 years. Earnings are forecast to grow by 6.5% in the next 2 years.Reported Earnings • May 09First quarter 2026 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2026 results: EPS: NT$1.30 (up from NT$1.26 in 1Q 2025). Revenue: NT$60.0b (up 7.5% from 1Q 2025). Net income: NT$10.1b (up 3.2% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.Buy Or Sell Opportunity • Apr 13Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$135. The fair value is estimated to be NT$169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 3.1% per annum over the same time period.공고 • Apr 01Chunghwa Telecom Co., Ltd. to Report Q1, 2026 Results on May 07, 2026Chunghwa Telecom Co., Ltd. announced that they will report Q1, 2026 results at 2:30 PM, Taipei Standard Time on May 07, 2026Buy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 3.1% to NT$135. The fair value is estimated to be NT$169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has declined by 8.1%. Revenue is forecast to grow by 6.1% in 2 years. Earnings are forecast to grow by 7.9% in the next 2 years.공고 • Mar 02Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2026Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: no,168, min tsu rd., banciao district, new taipei city Taiwan공고 • Feb 27+ 1 more updateChunghwa Telecom Co., Ltd. Appoints Yuan-Kai Chen as Senior Executive Vice President, Effective February 26, 2026Chunghwa Telecom Co., Ltd. appointed Yuan-Kai Chen, Vice President of Investment Department as Senior Executive Vice President, Effective February 26, 2026.Buy Or Sell Opportunity • Feb 26Now 20% undervaluedOver the last 90 days, the stock has risen 3.4% to NT$135. The fair value is estimated to be NT$170, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 6.1% in 2 years. Earnings are forecast to grow by 7.9% in the next 2 years.Reported Earnings • Feb 04Full year 2025 earnings released: EPS: NT$4.99 (vs NT$4.80 in FY 2024)Full year 2025 results: EPS: NT$4.99 (up from NT$4.80 in FY 2024). Revenue: NT$236.1b (up 2.7% from FY 2024). Net income: NT$38.7b (up 3.9% from FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.공고 • Jan 23Chunghwa Telecom Co., Ltd. Provides Consolidated Earnings Guidance for the Year 2026Chunghwa Telecom Co., Ltd. provided consolidated earnings guidance for the year 2026. For the year, the Company expects its total revenue to increase by TWD 5.88 to TWD 7.57 billion, or 2.5%~3.2%, to TWD 241.99 to TWD 243.68 billion as compared to the un-audited consolidated total revenue of 2025. The increase in revenue is expected to be propelled by the growth in mobile communications revenue, broadband access revenue, and data communications revenue, as well as revenue coming from the expansion of emerging businesses driven by the sustainability transformation opportunities, digital resilience opportunities, and digital economy opportunities empowered by AI. Income from operations is expected to range from a decrease of TWD 0.41 to an increase of TWD 1.11 billion, or -0.8%~2.3% to TWD 48.14 to TWD 49.66 billion as compared to the prior year. Income before income tax, net income attributable to stockholders of the parent and net earnings per share are expected to be TWD 48.71 to TWD 50.23 billion, TWD 37.39 TWD 38.94 billion and TWD 4.82 to TWD 5.02, respectively, representing a decrease of TWD 0.03 to an increase of TWD 1.55 billion, a decrease of TWD 1.30 to an increase of TWD 0.25 billion and a decrease of TWD 0.17 to an increase of TWD 0.03 respectively, year over year.공고 • Jan 20Chunghwa Telecom Co., Ltd. to Report Q4, 2025 Results on Feb 03, 2026Chunghwa Telecom Co., Ltd. announced that they will report Q4, 2025 results at 3:30 PM, Taipei Standard Time on Feb 03, 2026Reported Earnings • Nov 07Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: NT$1.22 (up from NT$1.16 in 3Q 2024). Revenue: NT$57.9b (up 4.2% from 3Q 2024). Net income: NT$9.44b (up 4.8% from 3Q 2024). Profit margin: 16% (in line with 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth.공고 • Oct 02Chunghwa Telecom Co., Ltd. to Report Q3, 2025 Results on Nov 06, 2025Chunghwa Telecom Co., Ltd. announced that they will report Q3, 2025 results on Nov 06, 2025Reported Earnings • Aug 06Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: NT$1.31 (up from NT$1.27 in 2Q 2024). Revenue: NT$56.7b (up 4.8% from 2Q 2024). Net income: NT$10.2b (up 3.5% from 2Q 2024). Profit margin: 18% (in line with 2Q 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.공고 • Jul 09Chunghwa Telecom Co., Ltd. to Report Q2, 2025 Results on Aug 05, 2025Chunghwa Telecom Co., Ltd. announced that they will report Q2, 2025 results at 2:30 PM, Taipei Standard Time on Aug 05, 2025Upcoming Dividend • Jun 26Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 08 August 2025. The company is paying out more than 100% of its profits and is paying out 80% of its cash flow. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.6%).Declared Dividend • Jun 07Dividend increased to NT$5.00Dividend of NT$5.00 is 5.1% higher than last year. Ex-date: 3rd July 2025 Payment date: 8th August 2025 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (80% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 7.4% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.공고 • May 30+ 1 more updateChunghwa Telecom Co., Ltd. Announces Board AppointmentsChunghwa Telecom Co., Ltd. at its 2025 Annual General Meeting held on May 29, 2025, approved the election of Directors: Chi-Hwa Chern, Representative of MOTC; Kung-Yeun Jeng, Representative of MOTC; I-Jen Su, Representative of MOTC. Independent Directors: Ikujin Ko; Ching-Feng Hsueh; Jer-Liang Yeh.Reported Earnings • May 09First quarter 2025 earnings: EPS in line with expectations, revenues disappointFirst quarter 2025 results: EPS: NT$1.26 (up from NT$1.21 in 1Q 2024). Revenue: NT$55.8b (up 1.6% from 1Q 2024). Net income: NT$9.80b (up 4.3% from 1Q 2024). Profit margin: 18% (in line with 1Q 2024). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.공고 • Apr 09Chunghwa Telecom Co., Ltd. to Report Q1, 2025 Results on May 08, 2025Chunghwa Telecom Co., Ltd. announced that they will report Q1, 2025 results at 2:30 PM, Taipei Standard Time on May 08, 2025공고 • Mar 20Chunghwa Telecom Co., Ltd. Announces Reassignment of Representative of Juristic Person DirectorChunghwa Telecom Co., Ltd. announced Reassignment of Representative of Juristic Person Director. Name of the previous position holder: Shih-Hung Tseng. Resume of the previous position holder: Director, Chunghwa Telecom Co., Ltd. Name of the new position holder: Shiow-Long Horng, Resume of the new position holder: President, Chunghwa Telecom Workers' Union Effective date of the new appointment: March 11, 2025.Reported Earnings • Mar 01Full year 2024 earnings: EPS in line with analyst expectations despite revenue beatFull year 2024 results: EPS: NT$4.80 (up from NT$4.76 in FY 2023). Revenue: NT$230.0b (up 3.0% from FY 2023). Net income: NT$37.2b (flat on FY 2023). Profit margin: 16% (in line with FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.공고 • Feb 19Chunghwa Telecom Co., Ltd. to Report Fiscal Year 2024 Results on Feb 26, 2025Chunghwa Telecom Co., Ltd. announced that they will report fiscal year 2024 results on Feb 26, 2025Reported Earnings • Jan 24Full year 2024 earnings: EPS in line with analyst expectations despite revenue beatFull year 2024 results: EPS: NT$4.80 (up from NT$4.76 in FY 2023). Revenue: NT$230.0b (up 3.1% from FY 2023). Net income: NT$37.2b (flat on FY 2023). Profit margin: 16% (in line with FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.공고 • Jan 24Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2025Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2025. Location: no,168, min tsu rd., banciao district, new taipei city Taiwan공고 • Jan 22Chunghwa Telecom Co., Ltd. Provides Earnings Guidance for the Year 2025Chunghwa Telecom Co., Ltd. provided earnings guidance for the year 2025. For the year, the Company expects its total revenue to increase by TWD 2.71 billion ~ TWD 3.71 billion, or 1.2%~1.6%, to TWD 232.74 billion ~ TWD 233.74 billion as compared to the un-audited consolidated total revenue of 2024. Income from operations is expected to decrease by TWD 0.16 billion ~ TWD 1.58 billion, or -0.3%~3.4% to TWD 45.30 billion ~ TWD 46.72 billion as compared to the prior year. Net income attributable to stockholders of the parent and net earnings per share are expected to be TWD 35.84 billion ~ TWD 37.39 billion and TWD 4.62 ~ TWD 4.82, respectively, representing a decrease of TWD 1.37 billion to an increase of TWD 0.18 billion and a decrease of TWD 0.18 to an increase TWD 0.02 respectively, year over year.Reported Earnings • Nov 08Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: NT$1.16 (down from NT$1.17 in 3Q 2023). Revenue: NT$55.6b (up 3.6% from 3Q 2023). Net income: NT$9.01b (down 1.0% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.7%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.새로운 내러티브 • Nov 07Unleashing Innovation And Sustainability To Propel 5G And ICT Growth Globally Expanding 5G and ICT services will drive revenue growth and enhance profitability through higher ARPU and high-margin offerings. 공고 • Oct 17Chunghwa Telecom Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024Chunghwa Telecom Co., Ltd. announced that they will report Q3, 2024 results at 3:30 PM, Taipei Standard Time on Nov 06, 2024공고 • Oct 01+ 1 more updateChunghwa Telecom Co., Ltd. Announces President ChangesChunghwa Telecom Co., Ltd. announced the appointment of Mr. Rong-Shy Lin, Senior Official (Chief Business Officer & Senior Executive Vice President), has been appointed as the new President, succeeding Mr. Chau-Young Lin as approved by the Board of Directors in an extraordinary board meeting convened 30 September 2024. The new President, MR. Rong-Shy Lin, holds a Ph.D. in Computer Science from National Chiao Tung University. He brings a wealth of experience, having previously served as the Vice President of the Enterprise Business Group, Vice President of the Information Department of Chunghwa Telecom, Vice President and President of Telecommunication Laboratories, President of the Data Communications Business Group, as well as Chief Technology Officer, and Chief Information Security Officer of the Company.공고 • Sep 25+ 1 more updateChunghwa Telecom Co., Ltd. Announces Juristic Person Director ChangesChunghwa Telecom Co., Ltd. appointed Wu, Sheng Yuan, Political Deputy Minister as Representative of Juristic Person Director. Effective date of the new appointment from September 24, 2024. Based on the designation letter dated September 24, 2024, from the Ministry of Transportation and Communications, the Company's juristic person shareholder. Filling the vacancy left by Director Hu, Hsiang Ling.Reported Earnings • Aug 10Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: NT$1.27 (down from NT$1.28 in 2Q 2023). Revenue: NT$54.1b (up 1.2% from 2Q 2023). Net income: NT$9.82b (down 1.0% from 2Q 2023). Profit margin: 18% (in line with 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.6%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.공고 • Aug 09+ 1 more updateChunghwa Telecom Co., Ltd. Announces CFO ChangesChunghwa Telecom Co., Ltd. has approved the appointment of Chief Financial Officer (CFO). The current CFO, Mr. Vincent Yu-Shen Chen, will return to National Chengchi University after his secondment period ends. Ms. Audrey Wen-Hsin Hsu from National Taiwan University will take over the position with the new appointment set to take effective on September 1, 2024. Mr. Shui-Yi Kuo, Chairman and Chief Executive Officer of Chunghwa Telecom, expresses his gratitude to Mr. Chen for his significant contributions over the past four years. Mr. Chen has overseen the Company's accounting, finance, and stakeholder communication efforts. During the organization transformation, he led the accounting team to revamp the internal control and cost/managerial accounting systems, significantly enhancing the quality of managerial decision and performance appraisal in the post-transformation period. As the head of the corporate governance team, Mr. Chen initiated the issuance of the first sustainability bond in the telecommunication industry in Taiwan, introduced responsible investment in short-term fund management, linked executive variable compensation with ESG outcomes, and implemented many sustainability initiatives. These efforts helped the Company clinched the first place in the global telecommunication industry in the 2023 Dow Jones Sustainability Index (DJSI) and significantly improved its MSCI scores and ratings. Mr. Chen's engagement with domestic and international investors was also recognized by the prestigious Asian magazine, Corporate Governance Asia, earning him the title of 2024 Asia's Best CFO. On the investment front, he served as the Chair of IPO task force for CHT Security International and International Integrated Systems Inc., respectively, facilitating the listing of these two subsidiaries in the capital market. He is also the founding Chairman of Chunghwa Digital Cultural and Creative Capital, helping the Company expand into the cultural and creative industry. As Mr. Chen will return to National Chengchi University following the completion of his secondment, Mr. Kuo hopes that Mr. Chen will continue to contribute to the country and society. The newly appointed CFO, Ms. Hsu holds a Ph.D. in Accounting and Finance from Lancaster University in the UK. She is a Certified Public Accountant in Taiwan, and has passed Level 3 of the Chartered Financial Analyst (CFA) exam in the United States. Ms. Hsu is currently a full-time professor in the Department of Accounting at National Taiwan University. She previously served as the Associate Dean of International Affairs at School of Management, the Director of the Global MBA program, and the Secretary General of Taiwan Accounting Association. During her tenure as the Director of the Global MBA program, Ms. Hsu assisted International Business Group of Chunghwa Telecom in developing global talents. She specializes in financial accounting and had served as a long-term member of the Financial Accounting Standard Board in Taiwan and is currently a member of Financial Accounting Issues Task Force. In addition to her solid academic background, Ms. Hsu also has extensive industry experience. She has served as independent director for publicly listed company in high-tech industry sector, was a board member of Global Venture Capital Corporation, and was a director at Taiwan Insurance Guarantee Fund.Upcoming Dividend • Jun 29Upcoming dividend of NT$4.76 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 08 August 2024. The company is paying out more than 100% of its profits and is paying out 78% of its cash flow. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (3.8%).Declared Dividend • Jun 11Dividend increased to NT$4.76Dividend of NT$4.76 is 1.2% higher than last year. Ex-date: 4th July 2024 Payment date: 8th August 2024 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (101% earnings payout ratio). However, it is covered by cash flows (79% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. EPS is expected to grow by 11% over the next 3 years, which should be enough to bring the dividend into a sustainable range.Reported Earnings • Apr 18Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$4.76 (up from NT$4.69 in FY 2022). Revenue: NT$223.2b (up 3.0% from FY 2022). Net income: NT$37.0b (up 1.7% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.공고 • Mar 15Chunghwa Telecom Co., Ltd. Proposes Cash DividendChunghwa Telecom Co., Ltd. at its annual general shareholders’ meeting to be held on May 31, 2024 the Board approved the proposal to distribute cash dividend of TWD 4.758 per share.Reported Earnings • Feb 27Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$4.76 (up from NT$4.70 in FY 2022). Revenue: NT$223.2b (up 3.0% from FY 2022). Net income: NT$36.9b (up 1.2% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.공고 • Feb 24Chunghwa Telecom Co., Ltd., Annual General Meeting, May 31, 2024Chunghwa Telecom Co., Ltd., Annual General Meeting, May 31, 2024. Location: Chunghwa Telecom Telecommunication Training Institute No. 168, Minzu Road, Banchiao District New Taipei City Taiwan Agenda: To consider 2023 business report; to consider 2023 audit committee's review report; to consider 2023 compensation distribution to directors and employees; to consider 2023 directors' remuneration report; to consider Ratification of 2023 business report and financial statements; to consider Ratification of 2023 earnings distribution proposal; and to consider any other matters.Reported Earnings • Jan 28Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$4.76 (up from NT$4.70 in FY 2022). Revenue: NT$223.2b (up 3.0% from FY 2022). Net income: NT$36.9b (up 1.2% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.공고 • Jan 26Chunghwa Telecom Co., Ltd. Provides Earnings Guidance for the Year 2024Chunghwa Telecom Co., Ltd. provided earnings guidance for the year 2024. For 2024, the Company expects total revenue to increase by TWD 5.34 ~ TWD 6.99 billion, or 2.4% ~3.1%, to TWD 228.54 ~TWD 230.19 billion as compared to the un-audited consolidated total revenue of 2023. The increase in revenue is expected to be propelled by increases in mobile communications revenue, broadband access revenue, and data communications revenue, as well as revenue coming from the expansion of emerging businesses driven by the sustainable transformation and digital economy. Income from operations is expected to decrease by TWD 1.12, to an increase by TWD 0.15 billion, or -2.4%~0.3% to TWD 45.23~TWD 46.50 billion as compared to the prior year. Income before income tax, net income attributable to stockholders of the parent and net earnings per share are expected to be TWD 45.90 ~ TWD 47.58 billion, TWD 35.66 ~ TWD 37.20 billion and TWD 4.60 ~ TWD 4.80, respectively, representing a decrease of TWD 1.09 to an increase of TWD 0.59 billion, a decrease of TWD 1.26 to an increase of TWD 0.28 billion and a decrease of TWD 0.16 to an increase TWD 0.04 respectively, year over year.Reported Earnings • Nov 11Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$1.17 (down from NT$1.21 in 3Q 2022). Revenue: NT$53.7b (flat on 3Q 2022). Net income: NT$9.09b (down 2.8% from 3Q 2022). Profit margin: 17% (in line with 3Q 2022). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 4.3%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.공고 • Nov 09+ 1 more updateChunghwa Telecom Co., Ltd. Announces Change of Technology Senior Executive Vice PresidentChunghwa Telecom Co., Ltd. announced change of Technology Senior Executive Vice President. Name, title, and resume of the previous position holder: Rong-Shy Lin, Technology Senior Executive Vice President. Name, title, and resume of the new position holder: Chih-Hsiung Huang, Vice President of Telecommunication Laboratories. Reason for the change is position adjustment. Effective date is January 01, 2024.공고 • Aug 11Chunghwa Telecom Co., Ltd. Announces Management ChangesThe Board of Chunghwa Telecom Co., Ltd. approved the appointments of senior management. The 7th meeting of the 10th Board of Directors approved the appointment of the management as follows: Mr. Jung-Kuei Chen, president of Information Technology Group, will be discharged on August 15, 2023, and the successor will be Ms. Huei-Chi Yang, vice president of Telecommunication Laboratories.공고 • Aug 10Chunghwa Telecom Co., Ltd. Announces Change of Corporate Governance OfficerChunghwa Telecom Co., Ltd. appointed An-An Hsia, Senior Director of Legal Affairs Department as Corporate Governance Officer in place of Ya-Chian Shiue, Assistant Vice President of Legal Affairs Department, effective August 9, 2023.Reported Earnings • Aug 10Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: NT$1.28 (up from NT$1.25 in 2Q 2022). Revenue: NT$53.5b (up 2.0% from 2Q 2022). Net income: NT$9.93b (up 2.9% from 2Q 2022). Profit margin: 19% (in line with 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year.공고 • Jul 12Chunghwa Telecom Co., Ltd. to Report Q2, 2023 Results on Aug 08, 2023Chunghwa Telecom Co., Ltd. announced that they will report Q2, 2023 results at 2:30 PM, Taipei Standard Time on Aug 08, 2023공고 • Jul 08Chunghwa Telecom Co., Ltd. Announces Executive ChangesChunghwa Telecom Co., Ltd. announced appointment of Chau-Young Lin as president. Name of the previous position holder: Shui-Yi Kuo, Chairman of Chunghwa Telecom Co., Ltd. Resume of the new position holder: President of the Company’s Information Technology Group. Effective date of the new appointment is July 7, 2023. Reason for the change: The 4th extraordinary meeting of the 10th board approved the appointment of the president.공고 • Jul 06Chunghwa Telecom Co., Ltd. Announces Appointment of Chau-Young Lin as Representative of Juristic Person DirectorChunghwa Telecom Co., Ltd. announced appointment of Chau-Young Lin as Representative of Juristic Person Director. Resume of the new position holder: President, Information Technology Group, Chunghwa Telecom Co., Ltd. Effective date of the new appointment is July 04, 2023.공고 • Jun 30Chunghwa Telecom Co., Ltd. Announces Executive ChangesThe 3rd extraordinary meeting of Chunghwa Telecom Co., Ltd. the 10th Board of Directors has approved that Ms. Hsueh-Lan Wu, president of International Business Group will be discharged on June 30, 2023 due to retirement. Mr. Chin-Chou Chen, vice president of International Business Group will be the successor to Ms. Wu as the president of International Business Group.Buying Opportunity • Jun 29Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 1.7%. The fair value is estimated to be NT$150, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 4.6%. Revenue is forecast to grow by 4.8% in 2 years. Earnings is forecast to grow by 6.1% in the next 2 years.Upcoming Dividend • Jun 22Upcoming dividend of NT$4.70 per share at 3.7% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 04 August 2023. Payout ratio and cash payout ratio are on the higher end at 98% and 86% respectively. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.7%).공고 • May 27Chunghwa Telecom Co., Ltd. Approves Dividend for the Year 2022Chunghwa Telecom Co., Ltd. announced at the share holders meeting held on May 26, 2022, the shareholders ratified 2022 earnings distribution proposal with cash dividend TWD 4.702 per share. Authorized the Chairman to set a record date of ex-cash dividend for distribution.Buying Opportunity • May 22Now 21% undervaluedOver the last 90 days, the stock is up 9.6%. The fair value is estimated to be NT$159, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 4.6%. Revenue is forecast to grow by 4.4% in 2 years. Earnings is forecast to grow by 6.1% in the next 2 years.공고 • May 06+ 1 more updateChunghwa Telecom Co., Ltd. Announces CEO ChangesChunghwa Telecom Co., Ltd. announced at second extraordinary meeting of the 10th board approved that the chairman serves as the CEO of the company concurrently. Shui-Yi Kuo appointed as CEO of the company in place of Chi-Mau Sheih. Effective date is May 5, 2023.Reported Earnings • Feb 02Full year 2022 earnings released: EPS: NT$4.71 (vs NT$4.61 in FY 2021)Full year 2022 results: EPS: NT$4.71 (up from NT$4.61 in FY 2021). Revenue: NT$216.7b (up 3.0% from FY 2021). Net income: NT$36.5b (up 2.1% from FY 2021). Profit margin: 17% (in line with FY 2021). Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year.공고 • Feb 01Chunghwa Telecom Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year 2023Chunghwa Telecom Co., Ltd. provided consolidated earnings guidance for the fiscal year 2023. for the year, the company expects revenue in the range of TWD 221.27 billion to TWD 222.79 billion, Income from Operations in the range of TWD 44.67 billion to TWD 45.99 billion, Net Income Attributable to Stockholders of The Parent in the range of TWD 34.55 billion to TWD 36.10 billion and EPS in the range of TWD 4.45 to TWD 4.65.공고 • Dec 30Chunghwa Telecom Co., Ltd. to Report Q4, 2022 Results on Feb 02, 2023Chunghwa Telecom Co., Ltd. announced that they will report Q4, 2022 results at 2:30 PM, Taipei Standard Time on Feb 02, 2023Reported Earnings • Nov 06Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: NT$1.21. Revenue: NT$53.5b (up 5.2% from 3Q 2021). Net income: NT$9.36b (flat on 3Q 2021). Profit margin: 18% (in line with 3Q 2021). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Telecom industry in Asia.Reported Earnings • Aug 06Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$1.24 (up from NT$1.15 in 2Q 2021). Revenue: NT$52.4b (up 5.7% from 2Q 2021). Net income: NT$9.66b (up 7.9% from 2Q 2021). Profit margin: 18% (in line with 2Q 2021). Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 1.8%, compared to a 4.2% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.Upcoming Dividend • Jun 23Upcoming dividend of NT$4.61 per shareEligible shareholders must have bought the stock before 30 June 2022. Payment date: 05 August 2022. Payout ratio and cash payout ratio are on the higher end at 99% and 83% respectively. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (4.1%).Reported Earnings • May 08First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: NT$1.16 (up from NT$1.14 in 1Q 2021). Revenue: NT$51.3b (up 2.4% from 1Q 2021). Net income: NT$9.02b (up 2.5% from 1Q 2021). Profit margin: 18% (in line with 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 2.0%, compared to a 4.1% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year.Reported Earnings • Feb 27Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$4.61 (up from NT$4.31 in FY 2020). Revenue: NT$210.5b (up 1.4% from FY 2020). Net income: NT$35.8b (up 7.0% from FY 2020). Profit margin: 17% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 1.8%, compared to a 3.6% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Reported Earnings • Jan 28Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$4.61 (up from NT$4.31 in FY 2020). Revenue: NT$210.5b (up 1.4% from FY 2020). Net income: NT$35.8b (up 7.0% from FY 2020). Profit margin: 17% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 2.2%, compared to a 4.3% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year.Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS NT$1.21 (vs NT$1.08 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$50.9b (down 2.5% from 3Q 2020). Net income: NT$9.40b (up 13% from 3Q 2020). Profit margin: 19% (up from 16% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.Upcoming Dividend • Aug 18Upcoming dividend of NT$4.31 per shareEligible shareholders must have bought the stock before 25 August 2021. Payment date: 28 September 2021. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.6%).Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS NT$1.15 (vs NT$1.11 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$49.6b (up 3.8% from 2Q 2020). Net income: NT$8.93b (up 4.2% from 2Q 2020). Profit margin: 18% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • May 06First quarter 2021 earnings released: EPS NT$1.14 (vs NT$1.07 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: NT$50.1b (up 4.1% from 1Q 2020). Net income: NT$8.82b (up 6.4% from 1Q 2020). Profit margin: 18% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Apr 21Full year 2020 earnings released: EPS NT$4.31 (vs NT$4.25 in FY 2019)The company reported a decent full year result with improved earnings, although revenues and profit margins were flat. Full year 2020 results: Revenue: NT$207.6b (flat on FY 2019). Net income: NT$33.4b (up 1.4% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Executive Departure • Apr 10Non-Independent Director has left the companyOn the 5th of April, Chin-Tsai Pan's tenure as Non-Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Chin-Tsai's name. A total of 6 executives have left over the last 12 months.Reported Earnings • Feb 26Full year 2020 earnings released: EPS NT$4.31 (vs NT$4.23 in FY 2019)The company reported a decent full year result with improved earnings, although revenues and profit margins were flat. Full year 2020 results: Revenue: NT$207.6b (flat on FY 2019). Net income: NT$33.4b (up 1.9% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 2412 의 주당 배당금은 지난 10 년 동안 안정적이었습니다.배당금 증가: 2412 의 배당금 지급액은 지난 10 년 동안 감소했습니다.배당 수익률 vs 시장Chunghwa Telecom 배당 수익률 vs 시장2412의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (2412)3.8%시장 하위 25% (TW)1.5%시장 상위 25% (TW)5.1%업계 평균 (Telecom)3.8%분석가 예측 (2412) (최대 3년)4.4%주목할만한 배당금: 2412 의 배당금( 3.78% )은 TW 시장에서 배당금 지급자의 하위 25%( 1.54% )보다 높습니다.고배당: 2412 의 배당금( 3.78% )은 TW 시장에서 배당금 지급자의 상위 25%( 5.08% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 지급 비율 ( 103.4% )이 높기 때문에 2412 의 배당금 지급은 수익으로 잘 충당되지 않습니다.주주 현금 배당현금 흐름 범위: 현재 현금 지급 비율 ( 83.1% )에서 2412 의 배당금 지급은 현금 흐름으로 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YTW 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/08 12:34종가2026/08/07 00:00수익2026/06/30연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Chunghwa Telecom Co., Ltd.는 24명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Anand RamachandranBarclaysXinyi PangBofA Global ResearchFrank LinCLSA21명의 분석가 더 보기
Upcoming Dividend • Jul 02Upcoming dividend of NT$5.20 per shareEligible shareholders must have bought the stock before 09 July 2026. Payment date: 07 August 2026. The company is paying out more than 100% of its profits and is paying out 83% of its cash flow. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (3.7%).
Declared Dividend • Jun 08Dividend increased to NT$5.20Dividend of NT$5.20 is 4.0% higher than last year. Ex-date: 9th July 2026 Payment date: 7th August 2026 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (83% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 15% over the next 3 years, which should be enough to bring the dividend into a sustainable range.
공고 • Jun 01Chunghwa Telecom Co., Ltd. Approves Cash Dividend for the Year 2025Chunghwa Telecom Co., Ltd. at its Annual General Meeting of Shareholders held on May 29, 2026 approved the ratification of the 2025 earnings distribution proposal with a cash dividend of TWD 5.2 per share.
Upcoming Dividend • Jun 26Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 08 August 2025. The company is paying out more than 100% of its profits and is paying out 80% of its cash flow. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.6%).
Declared Dividend • Jun 07Dividend increased to NT$5.00Dividend of NT$5.00 is 5.1% higher than last year. Ex-date: 3rd July 2025 Payment date: 8th August 2025 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (80% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 7.4% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
Upcoming Dividend • Jun 29Upcoming dividend of NT$4.76 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 08 August 2024. The company is paying out more than 100% of its profits and is paying out 78% of its cash flow. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (3.8%).
Reported Earnings • Aug 06Second quarter 2026 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2026 results: EPS: NT$1.38 (up from NT$1.31 in 2Q 2025). Revenue: NT$61.4b (up 8.2% from 2Q 2025). Net income: NT$10.6b (up 4.7% from 2Q 2025). Profit margin: 17% (in line with 2Q 2025). Revenue exceeded analyst estimates by 5.3%. Earnings per share (EPS) also surpassed analyst estimates by 2.6%. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 5% per year.
Buy Or Sell Opportunity • Jul 08Now 20% undervaluedOver the last 90 days, the stock has risen 4.1% to NT$141. The fair value is estimated to be NT$176, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 5.1% in 2 years. Earnings are forecast to grow by 5.1% in the next 2 years.
공고 • Jul 02Chunghwa Telecom Co., Ltd. to Report Q2, 2026 Results on Aug 05, 2026Chunghwa Telecom Co., Ltd. announced that they will report Q2, 2026 results at 3:30 PM, Taipei Standard Time on Aug 05, 2026
Upcoming Dividend • Jul 02Upcoming dividend of NT$5.20 per shareEligible shareholders must have bought the stock before 09 July 2026. Payment date: 07 August 2026. The company is paying out more than 100% of its profits and is paying out 83% of its cash flow. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.0%). In line with average of industry peers (3.7%).
Declared Dividend • Jun 08Dividend increased to NT$5.20Dividend of NT$5.20 is 4.0% higher than last year. Ex-date: 9th July 2026 Payment date: 7th August 2026 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (83% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 15% over the next 3 years, which should be enough to bring the dividend into a sustainable range.
공고 • Jun 01Chunghwa Telecom Co., Ltd. Approves Cash Dividend for the Year 2025Chunghwa Telecom Co., Ltd. at its Annual General Meeting of Shareholders held on May 29, 2026 approved the ratification of the 2025 earnings distribution proposal with a cash dividend of TWD 5.2 per share.
Buy Or Sell Opportunity • May 18Now 21% undervaluedOver the last 90 days, the stock has risen 3.0% to NT$137. The fair value is estimated to be NT$172, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 5.3% in 2 years. Earnings are forecast to grow by 6.5% in the next 2 years.
Reported Earnings • May 09First quarter 2026 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2026 results: EPS: NT$1.30 (up from NT$1.26 in 1Q 2025). Revenue: NT$60.0b (up 7.5% from 1Q 2025). Net income: NT$10.1b (up 3.2% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.
Buy Or Sell Opportunity • Apr 13Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$135. The fair value is estimated to be NT$169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 3.1% per annum over the same time period.
공고 • Apr 01Chunghwa Telecom Co., Ltd. to Report Q1, 2026 Results on May 07, 2026Chunghwa Telecom Co., Ltd. announced that they will report Q1, 2026 results at 2:30 PM, Taipei Standard Time on May 07, 2026
Buy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 3.1% to NT$135. The fair value is estimated to be NT$169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has declined by 8.1%. Revenue is forecast to grow by 6.1% in 2 years. Earnings are forecast to grow by 7.9% in the next 2 years.
공고 • Mar 02Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2026Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: no,168, min tsu rd., banciao district, new taipei city Taiwan
공고 • Feb 27+ 1 more updateChunghwa Telecom Co., Ltd. Appoints Yuan-Kai Chen as Senior Executive Vice President, Effective February 26, 2026Chunghwa Telecom Co., Ltd. appointed Yuan-Kai Chen, Vice President of Investment Department as Senior Executive Vice President, Effective February 26, 2026.
Buy Or Sell Opportunity • Feb 26Now 20% undervaluedOver the last 90 days, the stock has risen 3.4% to NT$135. The fair value is estimated to be NT$170, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 6.1% in 2 years. Earnings are forecast to grow by 7.9% in the next 2 years.
Reported Earnings • Feb 04Full year 2025 earnings released: EPS: NT$4.99 (vs NT$4.80 in FY 2024)Full year 2025 results: EPS: NT$4.99 (up from NT$4.80 in FY 2024). Revenue: NT$236.1b (up 2.7% from FY 2024). Net income: NT$38.7b (up 3.9% from FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.
공고 • Jan 23Chunghwa Telecom Co., Ltd. Provides Consolidated Earnings Guidance for the Year 2026Chunghwa Telecom Co., Ltd. provided consolidated earnings guidance for the year 2026. For the year, the Company expects its total revenue to increase by TWD 5.88 to TWD 7.57 billion, or 2.5%~3.2%, to TWD 241.99 to TWD 243.68 billion as compared to the un-audited consolidated total revenue of 2025. The increase in revenue is expected to be propelled by the growth in mobile communications revenue, broadband access revenue, and data communications revenue, as well as revenue coming from the expansion of emerging businesses driven by the sustainability transformation opportunities, digital resilience opportunities, and digital economy opportunities empowered by AI. Income from operations is expected to range from a decrease of TWD 0.41 to an increase of TWD 1.11 billion, or -0.8%~2.3% to TWD 48.14 to TWD 49.66 billion as compared to the prior year. Income before income tax, net income attributable to stockholders of the parent and net earnings per share are expected to be TWD 48.71 to TWD 50.23 billion, TWD 37.39 TWD 38.94 billion and TWD 4.82 to TWD 5.02, respectively, representing a decrease of TWD 0.03 to an increase of TWD 1.55 billion, a decrease of TWD 1.30 to an increase of TWD 0.25 billion and a decrease of TWD 0.17 to an increase of TWD 0.03 respectively, year over year.
공고 • Jan 20Chunghwa Telecom Co., Ltd. to Report Q4, 2025 Results on Feb 03, 2026Chunghwa Telecom Co., Ltd. announced that they will report Q4, 2025 results at 3:30 PM, Taipei Standard Time on Feb 03, 2026
Reported Earnings • Nov 07Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: NT$1.22 (up from NT$1.16 in 3Q 2024). Revenue: NT$57.9b (up 4.2% from 3Q 2024). Net income: NT$9.44b (up 4.8% from 3Q 2024). Profit margin: 16% (in line with 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth.
공고 • Oct 02Chunghwa Telecom Co., Ltd. to Report Q3, 2025 Results on Nov 06, 2025Chunghwa Telecom Co., Ltd. announced that they will report Q3, 2025 results on Nov 06, 2025
Reported Earnings • Aug 06Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: NT$1.31 (up from NT$1.27 in 2Q 2024). Revenue: NT$56.7b (up 4.8% from 2Q 2024). Net income: NT$10.2b (up 3.5% from 2Q 2024). Profit margin: 18% (in line with 2Q 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.
공고 • Jul 09Chunghwa Telecom Co., Ltd. to Report Q2, 2025 Results on Aug 05, 2025Chunghwa Telecom Co., Ltd. announced that they will report Q2, 2025 results at 2:30 PM, Taipei Standard Time on Aug 05, 2025
Upcoming Dividend • Jun 26Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 08 August 2025. The company is paying out more than 100% of its profits and is paying out 80% of its cash flow. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.6%).
Declared Dividend • Jun 07Dividend increased to NT$5.00Dividend of NT$5.00 is 5.1% higher than last year. Ex-date: 3rd July 2025 Payment date: 8th August 2025 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (80% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 7.4% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
공고 • May 30+ 1 more updateChunghwa Telecom Co., Ltd. Announces Board AppointmentsChunghwa Telecom Co., Ltd. at its 2025 Annual General Meeting held on May 29, 2025, approved the election of Directors: Chi-Hwa Chern, Representative of MOTC; Kung-Yeun Jeng, Representative of MOTC; I-Jen Su, Representative of MOTC. Independent Directors: Ikujin Ko; Ching-Feng Hsueh; Jer-Liang Yeh.
Reported Earnings • May 09First quarter 2025 earnings: EPS in line with expectations, revenues disappointFirst quarter 2025 results: EPS: NT$1.26 (up from NT$1.21 in 1Q 2024). Revenue: NT$55.8b (up 1.6% from 1Q 2024). Net income: NT$9.80b (up 4.3% from 1Q 2024). Profit margin: 18% (in line with 1Q 2024). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.
공고 • Apr 09Chunghwa Telecom Co., Ltd. to Report Q1, 2025 Results on May 08, 2025Chunghwa Telecom Co., Ltd. announced that they will report Q1, 2025 results at 2:30 PM, Taipei Standard Time on May 08, 2025
공고 • Mar 20Chunghwa Telecom Co., Ltd. Announces Reassignment of Representative of Juristic Person DirectorChunghwa Telecom Co., Ltd. announced Reassignment of Representative of Juristic Person Director. Name of the previous position holder: Shih-Hung Tseng. Resume of the previous position holder: Director, Chunghwa Telecom Co., Ltd. Name of the new position holder: Shiow-Long Horng, Resume of the new position holder: President, Chunghwa Telecom Workers' Union Effective date of the new appointment: March 11, 2025.
Reported Earnings • Mar 01Full year 2024 earnings: EPS in line with analyst expectations despite revenue beatFull year 2024 results: EPS: NT$4.80 (up from NT$4.76 in FY 2023). Revenue: NT$230.0b (up 3.0% from FY 2023). Net income: NT$37.2b (flat on FY 2023). Profit margin: 16% (in line with FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.
공고 • Feb 19Chunghwa Telecom Co., Ltd. to Report Fiscal Year 2024 Results on Feb 26, 2025Chunghwa Telecom Co., Ltd. announced that they will report fiscal year 2024 results on Feb 26, 2025
Reported Earnings • Jan 24Full year 2024 earnings: EPS in line with analyst expectations despite revenue beatFull year 2024 results: EPS: NT$4.80 (up from NT$4.76 in FY 2023). Revenue: NT$230.0b (up 3.1% from FY 2023). Net income: NT$37.2b (flat on FY 2023). Profit margin: 16% (in line with FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.
공고 • Jan 24Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2025Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2025. Location: no,168, min tsu rd., banciao district, new taipei city Taiwan
공고 • Jan 22Chunghwa Telecom Co., Ltd. Provides Earnings Guidance for the Year 2025Chunghwa Telecom Co., Ltd. provided earnings guidance for the year 2025. For the year, the Company expects its total revenue to increase by TWD 2.71 billion ~ TWD 3.71 billion, or 1.2%~1.6%, to TWD 232.74 billion ~ TWD 233.74 billion as compared to the un-audited consolidated total revenue of 2024. Income from operations is expected to decrease by TWD 0.16 billion ~ TWD 1.58 billion, or -0.3%~3.4% to TWD 45.30 billion ~ TWD 46.72 billion as compared to the prior year. Net income attributable to stockholders of the parent and net earnings per share are expected to be TWD 35.84 billion ~ TWD 37.39 billion and TWD 4.62 ~ TWD 4.82, respectively, representing a decrease of TWD 1.37 billion to an increase of TWD 0.18 billion and a decrease of TWD 0.18 to an increase TWD 0.02 respectively, year over year.
Reported Earnings • Nov 08Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: NT$1.16 (down from NT$1.17 in 3Q 2023). Revenue: NT$55.6b (up 3.6% from 3Q 2023). Net income: NT$9.01b (down 1.0% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.7%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.
새로운 내러티브 • Nov 07Unleashing Innovation And Sustainability To Propel 5G And ICT Growth Globally Expanding 5G and ICT services will drive revenue growth and enhance profitability through higher ARPU and high-margin offerings.
공고 • Oct 17Chunghwa Telecom Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024Chunghwa Telecom Co., Ltd. announced that they will report Q3, 2024 results at 3:30 PM, Taipei Standard Time on Nov 06, 2024
공고 • Oct 01+ 1 more updateChunghwa Telecom Co., Ltd. Announces President ChangesChunghwa Telecom Co., Ltd. announced the appointment of Mr. Rong-Shy Lin, Senior Official (Chief Business Officer & Senior Executive Vice President), has been appointed as the new President, succeeding Mr. Chau-Young Lin as approved by the Board of Directors in an extraordinary board meeting convened 30 September 2024. The new President, MR. Rong-Shy Lin, holds a Ph.D. in Computer Science from National Chiao Tung University. He brings a wealth of experience, having previously served as the Vice President of the Enterprise Business Group, Vice President of the Information Department of Chunghwa Telecom, Vice President and President of Telecommunication Laboratories, President of the Data Communications Business Group, as well as Chief Technology Officer, and Chief Information Security Officer of the Company.
공고 • Sep 25+ 1 more updateChunghwa Telecom Co., Ltd. Announces Juristic Person Director ChangesChunghwa Telecom Co., Ltd. appointed Wu, Sheng Yuan, Political Deputy Minister as Representative of Juristic Person Director. Effective date of the new appointment from September 24, 2024. Based on the designation letter dated September 24, 2024, from the Ministry of Transportation and Communications, the Company's juristic person shareholder. Filling the vacancy left by Director Hu, Hsiang Ling.
Reported Earnings • Aug 10Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: NT$1.27 (down from NT$1.28 in 2Q 2023). Revenue: NT$54.1b (up 1.2% from 2Q 2023). Net income: NT$9.82b (down 1.0% from 2Q 2023). Profit margin: 18% (in line with 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.6%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.
공고 • Aug 09+ 1 more updateChunghwa Telecom Co., Ltd. Announces CFO ChangesChunghwa Telecom Co., Ltd. has approved the appointment of Chief Financial Officer (CFO). The current CFO, Mr. Vincent Yu-Shen Chen, will return to National Chengchi University after his secondment period ends. Ms. Audrey Wen-Hsin Hsu from National Taiwan University will take over the position with the new appointment set to take effective on September 1, 2024. Mr. Shui-Yi Kuo, Chairman and Chief Executive Officer of Chunghwa Telecom, expresses his gratitude to Mr. Chen for his significant contributions over the past four years. Mr. Chen has overseen the Company's accounting, finance, and stakeholder communication efforts. During the organization transformation, he led the accounting team to revamp the internal control and cost/managerial accounting systems, significantly enhancing the quality of managerial decision and performance appraisal in the post-transformation period. As the head of the corporate governance team, Mr. Chen initiated the issuance of the first sustainability bond in the telecommunication industry in Taiwan, introduced responsible investment in short-term fund management, linked executive variable compensation with ESG outcomes, and implemented many sustainability initiatives. These efforts helped the Company clinched the first place in the global telecommunication industry in the 2023 Dow Jones Sustainability Index (DJSI) and significantly improved its MSCI scores and ratings. Mr. Chen's engagement with domestic and international investors was also recognized by the prestigious Asian magazine, Corporate Governance Asia, earning him the title of 2024 Asia's Best CFO. On the investment front, he served as the Chair of IPO task force for CHT Security International and International Integrated Systems Inc., respectively, facilitating the listing of these two subsidiaries in the capital market. He is also the founding Chairman of Chunghwa Digital Cultural and Creative Capital, helping the Company expand into the cultural and creative industry. As Mr. Chen will return to National Chengchi University following the completion of his secondment, Mr. Kuo hopes that Mr. Chen will continue to contribute to the country and society. The newly appointed CFO, Ms. Hsu holds a Ph.D. in Accounting and Finance from Lancaster University in the UK. She is a Certified Public Accountant in Taiwan, and has passed Level 3 of the Chartered Financial Analyst (CFA) exam in the United States. Ms. Hsu is currently a full-time professor in the Department of Accounting at National Taiwan University. She previously served as the Associate Dean of International Affairs at School of Management, the Director of the Global MBA program, and the Secretary General of Taiwan Accounting Association. During her tenure as the Director of the Global MBA program, Ms. Hsu assisted International Business Group of Chunghwa Telecom in developing global talents. She specializes in financial accounting and had served as a long-term member of the Financial Accounting Standard Board in Taiwan and is currently a member of Financial Accounting Issues Task Force. In addition to her solid academic background, Ms. Hsu also has extensive industry experience. She has served as independent director for publicly listed company in high-tech industry sector, was a board member of Global Venture Capital Corporation, and was a director at Taiwan Insurance Guarantee Fund.
Upcoming Dividend • Jun 29Upcoming dividend of NT$4.76 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 08 August 2024. The company is paying out more than 100% of its profits and is paying out 78% of its cash flow. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (3.8%).
Declared Dividend • Jun 11Dividend increased to NT$4.76Dividend of NT$4.76 is 1.2% higher than last year. Ex-date: 4th July 2024 Payment date: 8th August 2024 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (101% earnings payout ratio). However, it is covered by cash flows (79% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. EPS is expected to grow by 11% over the next 3 years, which should be enough to bring the dividend into a sustainable range.
Reported Earnings • Apr 18Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$4.76 (up from NT$4.69 in FY 2022). Revenue: NT$223.2b (up 3.0% from FY 2022). Net income: NT$37.0b (up 1.7% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.
공고 • Mar 15Chunghwa Telecom Co., Ltd. Proposes Cash DividendChunghwa Telecom Co., Ltd. at its annual general shareholders’ meeting to be held on May 31, 2024 the Board approved the proposal to distribute cash dividend of TWD 4.758 per share.
Reported Earnings • Feb 27Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$4.76 (up from NT$4.70 in FY 2022). Revenue: NT$223.2b (up 3.0% from FY 2022). Net income: NT$36.9b (up 1.2% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.
공고 • Feb 24Chunghwa Telecom Co., Ltd., Annual General Meeting, May 31, 2024Chunghwa Telecom Co., Ltd., Annual General Meeting, May 31, 2024. Location: Chunghwa Telecom Telecommunication Training Institute No. 168, Minzu Road, Banchiao District New Taipei City Taiwan Agenda: To consider 2023 business report; to consider 2023 audit committee's review report; to consider 2023 compensation distribution to directors and employees; to consider 2023 directors' remuneration report; to consider Ratification of 2023 business report and financial statements; to consider Ratification of 2023 earnings distribution proposal; and to consider any other matters.
Reported Earnings • Jan 28Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$4.76 (up from NT$4.70 in FY 2022). Revenue: NT$223.2b (up 3.0% from FY 2022). Net income: NT$36.9b (up 1.2% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.
공고 • Jan 26Chunghwa Telecom Co., Ltd. Provides Earnings Guidance for the Year 2024Chunghwa Telecom Co., Ltd. provided earnings guidance for the year 2024. For 2024, the Company expects total revenue to increase by TWD 5.34 ~ TWD 6.99 billion, or 2.4% ~3.1%, to TWD 228.54 ~TWD 230.19 billion as compared to the un-audited consolidated total revenue of 2023. The increase in revenue is expected to be propelled by increases in mobile communications revenue, broadband access revenue, and data communications revenue, as well as revenue coming from the expansion of emerging businesses driven by the sustainable transformation and digital economy. Income from operations is expected to decrease by TWD 1.12, to an increase by TWD 0.15 billion, or -2.4%~0.3% to TWD 45.23~TWD 46.50 billion as compared to the prior year. Income before income tax, net income attributable to stockholders of the parent and net earnings per share are expected to be TWD 45.90 ~ TWD 47.58 billion, TWD 35.66 ~ TWD 37.20 billion and TWD 4.60 ~ TWD 4.80, respectively, representing a decrease of TWD 1.09 to an increase of TWD 0.59 billion, a decrease of TWD 1.26 to an increase of TWD 0.28 billion and a decrease of TWD 0.16 to an increase TWD 0.04 respectively, year over year.
Reported Earnings • Nov 11Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$1.17 (down from NT$1.21 in 3Q 2022). Revenue: NT$53.7b (flat on 3Q 2022). Net income: NT$9.09b (down 2.8% from 3Q 2022). Profit margin: 17% (in line with 3Q 2022). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 4.3%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.
공고 • Nov 09+ 1 more updateChunghwa Telecom Co., Ltd. Announces Change of Technology Senior Executive Vice PresidentChunghwa Telecom Co., Ltd. announced change of Technology Senior Executive Vice President. Name, title, and resume of the previous position holder: Rong-Shy Lin, Technology Senior Executive Vice President. Name, title, and resume of the new position holder: Chih-Hsiung Huang, Vice President of Telecommunication Laboratories. Reason for the change is position adjustment. Effective date is January 01, 2024.
공고 • Aug 11Chunghwa Telecom Co., Ltd. Announces Management ChangesThe Board of Chunghwa Telecom Co., Ltd. approved the appointments of senior management. The 7th meeting of the 10th Board of Directors approved the appointment of the management as follows: Mr. Jung-Kuei Chen, president of Information Technology Group, will be discharged on August 15, 2023, and the successor will be Ms. Huei-Chi Yang, vice president of Telecommunication Laboratories.
공고 • Aug 10Chunghwa Telecom Co., Ltd. Announces Change of Corporate Governance OfficerChunghwa Telecom Co., Ltd. appointed An-An Hsia, Senior Director of Legal Affairs Department as Corporate Governance Officer in place of Ya-Chian Shiue, Assistant Vice President of Legal Affairs Department, effective August 9, 2023.
Reported Earnings • Aug 10Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: NT$1.28 (up from NT$1.25 in 2Q 2022). Revenue: NT$53.5b (up 2.0% from 2Q 2022). Net income: NT$9.93b (up 2.9% from 2Q 2022). Profit margin: 19% (in line with 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year.
공고 • Jul 12Chunghwa Telecom Co., Ltd. to Report Q2, 2023 Results on Aug 08, 2023Chunghwa Telecom Co., Ltd. announced that they will report Q2, 2023 results at 2:30 PM, Taipei Standard Time on Aug 08, 2023
공고 • Jul 08Chunghwa Telecom Co., Ltd. Announces Executive ChangesChunghwa Telecom Co., Ltd. announced appointment of Chau-Young Lin as president. Name of the previous position holder: Shui-Yi Kuo, Chairman of Chunghwa Telecom Co., Ltd. Resume of the new position holder: President of the Company’s Information Technology Group. Effective date of the new appointment is July 7, 2023. Reason for the change: The 4th extraordinary meeting of the 10th board approved the appointment of the president.
공고 • Jul 06Chunghwa Telecom Co., Ltd. Announces Appointment of Chau-Young Lin as Representative of Juristic Person DirectorChunghwa Telecom Co., Ltd. announced appointment of Chau-Young Lin as Representative of Juristic Person Director. Resume of the new position holder: President, Information Technology Group, Chunghwa Telecom Co., Ltd. Effective date of the new appointment is July 04, 2023.
공고 • Jun 30Chunghwa Telecom Co., Ltd. Announces Executive ChangesThe 3rd extraordinary meeting of Chunghwa Telecom Co., Ltd. the 10th Board of Directors has approved that Ms. Hsueh-Lan Wu, president of International Business Group will be discharged on June 30, 2023 due to retirement. Mr. Chin-Chou Chen, vice president of International Business Group will be the successor to Ms. Wu as the president of International Business Group.
Buying Opportunity • Jun 29Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 1.7%. The fair value is estimated to be NT$150, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 4.6%. Revenue is forecast to grow by 4.8% in 2 years. Earnings is forecast to grow by 6.1% in the next 2 years.
Upcoming Dividend • Jun 22Upcoming dividend of NT$4.70 per share at 3.7% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 04 August 2023. Payout ratio and cash payout ratio are on the higher end at 98% and 86% respectively. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.7%).
공고 • May 27Chunghwa Telecom Co., Ltd. Approves Dividend for the Year 2022Chunghwa Telecom Co., Ltd. announced at the share holders meeting held on May 26, 2022, the shareholders ratified 2022 earnings distribution proposal with cash dividend TWD 4.702 per share. Authorized the Chairman to set a record date of ex-cash dividend for distribution.
Buying Opportunity • May 22Now 21% undervaluedOver the last 90 days, the stock is up 9.6%. The fair value is estimated to be NT$159, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 4.6%. Revenue is forecast to grow by 4.4% in 2 years. Earnings is forecast to grow by 6.1% in the next 2 years.
공고 • May 06+ 1 more updateChunghwa Telecom Co., Ltd. Announces CEO ChangesChunghwa Telecom Co., Ltd. announced at second extraordinary meeting of the 10th board approved that the chairman serves as the CEO of the company concurrently. Shui-Yi Kuo appointed as CEO of the company in place of Chi-Mau Sheih. Effective date is May 5, 2023.
Reported Earnings • Feb 02Full year 2022 earnings released: EPS: NT$4.71 (vs NT$4.61 in FY 2021)Full year 2022 results: EPS: NT$4.71 (up from NT$4.61 in FY 2021). Revenue: NT$216.7b (up 3.0% from FY 2021). Net income: NT$36.5b (up 2.1% from FY 2021). Profit margin: 17% (in line with FY 2021). Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year.
공고 • Feb 01Chunghwa Telecom Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year 2023Chunghwa Telecom Co., Ltd. provided consolidated earnings guidance for the fiscal year 2023. for the year, the company expects revenue in the range of TWD 221.27 billion to TWD 222.79 billion, Income from Operations in the range of TWD 44.67 billion to TWD 45.99 billion, Net Income Attributable to Stockholders of The Parent in the range of TWD 34.55 billion to TWD 36.10 billion and EPS in the range of TWD 4.45 to TWD 4.65.
공고 • Dec 30Chunghwa Telecom Co., Ltd. to Report Q4, 2022 Results on Feb 02, 2023Chunghwa Telecom Co., Ltd. announced that they will report Q4, 2022 results at 2:30 PM, Taipei Standard Time on Feb 02, 2023
Reported Earnings • Nov 06Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: NT$1.21. Revenue: NT$53.5b (up 5.2% from 3Q 2021). Net income: NT$9.36b (flat on 3Q 2021). Profit margin: 18% (in line with 3Q 2021). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Telecom industry in Asia.
Reported Earnings • Aug 06Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$1.24 (up from NT$1.15 in 2Q 2021). Revenue: NT$52.4b (up 5.7% from 2Q 2021). Net income: NT$9.66b (up 7.9% from 2Q 2021). Profit margin: 18% (in line with 2Q 2021). Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 1.8%, compared to a 4.2% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.
Upcoming Dividend • Jun 23Upcoming dividend of NT$4.61 per shareEligible shareholders must have bought the stock before 30 June 2022. Payment date: 05 August 2022. Payout ratio and cash payout ratio are on the higher end at 99% and 83% respectively. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (4.1%).
Reported Earnings • May 08First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: NT$1.16 (up from NT$1.14 in 1Q 2021). Revenue: NT$51.3b (up 2.4% from 1Q 2021). Net income: NT$9.02b (up 2.5% from 1Q 2021). Profit margin: 18% (in line with 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 2.0%, compared to a 4.1% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year.
Reported Earnings • Feb 27Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$4.61 (up from NT$4.31 in FY 2020). Revenue: NT$210.5b (up 1.4% from FY 2020). Net income: NT$35.8b (up 7.0% from FY 2020). Profit margin: 17% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 1.8%, compared to a 3.6% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Reported Earnings • Jan 28Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$4.61 (up from NT$4.31 in FY 2020). Revenue: NT$210.5b (up 1.4% from FY 2020). Net income: NT$35.8b (up 7.0% from FY 2020). Profit margin: 17% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 2.2%, compared to a 4.3% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year.
Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS NT$1.21 (vs NT$1.08 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$50.9b (down 2.5% from 3Q 2020). Net income: NT$9.40b (up 13% from 3Q 2020). Profit margin: 19% (up from 16% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.
Upcoming Dividend • Aug 18Upcoming dividend of NT$4.31 per shareEligible shareholders must have bought the stock before 25 August 2021. Payment date: 28 September 2021. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.6%).
Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS NT$1.15 (vs NT$1.11 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$49.6b (up 3.8% from 2Q 2020). Net income: NT$8.93b (up 4.2% from 2Q 2020). Profit margin: 18% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • May 06First quarter 2021 earnings released: EPS NT$1.14 (vs NT$1.07 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: NT$50.1b (up 4.1% from 1Q 2020). Net income: NT$8.82b (up 6.4% from 1Q 2020). Profit margin: 18% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 21Full year 2020 earnings released: EPS NT$4.31 (vs NT$4.25 in FY 2019)The company reported a decent full year result with improved earnings, although revenues and profit margins were flat. Full year 2020 results: Revenue: NT$207.6b (flat on FY 2019). Net income: NT$33.4b (up 1.4% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Executive Departure • Apr 10Non-Independent Director has left the companyOn the 5th of April, Chin-Tsai Pan's tenure as Non-Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Chin-Tsai's name. A total of 6 executives have left over the last 12 months.
Reported Earnings • Feb 26Full year 2020 earnings released: EPS NT$4.31 (vs NT$4.23 in FY 2019)The company reported a decent full year result with improved earnings, although revenues and profit margins were flat. Full year 2020 results: Revenue: NT$207.6b (flat on FY 2019). Net income: NT$33.4b (up 1.9% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
