Cathay Sustainable High Dividend ETF yields 9.26% dividend

The Cathay Sustainable High Dividend ETF (00878) will distribute NT$0.47 per share this quarter, resulting in an annualized dividend yield of 9.26% based on the closing price on April 30th. This has pleased its 1.72 million shareholders. The ETF's dividend yield is calculated based on the closing price of NT$20.31. The fund's manager highlights the ETF's focus on ESG and dividend payouts, with significant holdings in semiconductors, technology, and finance. The ex-dividend date is set for May 19th, with payouts expected on June 13th. The fund has grown in size and popularity, increasing from 1.55 million to 1.72 million beneficiaries since the beginning of the year. The fund's manager suggests the ETF is a good option for investors amidst market volatility, especially with the ongoing AI trend.