Taiwan Fu Hsing Makes the TIP Customized Taiwan ESG High Dividend Equal Weight Index
Nov 01 2024Taiwan Fu Hsing (9924) has been included in the TIP Customized Taiwan ESG High Dividend Equal Weight Index, a benchmark created by Taiwan Index Plus (TIP). This index, which highlights Taiwan-listed companies with exceptional ESG performance and high dividends, undergoes a periodic review of its constituents every April and October. Taiwan Fu Hsing’s inclusion demonstrates how its long-term commitment to sustainability is firmly reflected in its operational performance.
Taiwan Index Plus, a subsidiary of the Taiwan Stock Exchange, is Taiwan's first professional index services provider. The TIP Customized Taiwan ESG High Dividend Equal Weight Index is based on the results of Taiwan’s ESG evaluations, which leverage publicly available information such as sustainability reports, annual reports, and government data. Combining factors such as market capitalization, momentum, cash dividends, and financial stability, the index selects 50 constituents with outstanding dividend yields, recognizing the performance of mid- to large-cap stocks that excel in ESG practices and dividend returns.
Moving forward, Taiwan Fu Hsing will continue to uphold the spirit of sustainability, striving for self-improvement and creating even greater operational achievements.
Full Report: https://user280298.pse.is/6pjxjl