The Taiwan Fund, Inc. Declares Distributions

Rhea-AI Summary

The Taiwan Fund, Inc. (NYSE: TWN) has declared a long-term capital gain distribution of $0.4365 per share. The distribution will be payable on January 10, 2024, to stockholders of record on December 28, 2023, with an ex-dividend date of December 27, 2023. The Fund is a diversified closed-end investment company seeking long-term capital appreciation primarily through investments in equity securities listed on the Taiwan Stock Exchange.

NEW YORK, Dec. 13, 2023 /PRNewswire/ -- The Board of Directors of The Taiwan Fund, Inc. (NYSE: TWN) (the "Fund") has declared a long term capital gain distribution in the amount of $0.4365 per share. The distribution will be payable on January 10, 2024 to stockholders of record on December 28, 2023 with an ex-dividend date of December 27, 2023.

The Fund has a Dividend Reinvestment and Cash Purchase Plan (the "Plan") that is open to all stockholders. If the Fund's shares trade at a premium to the net asset value of the Fund, Plan participants will receive shares of the Fund valued at the greater of the net asset value or 95% of the market price. If the Fund is trading at a discount, Plan participants will receive shares of the Fund valued at market price per share.  All stockholders may elect to participate in the Plan or may withdraw at any time within the limitations described in the Plan.

The Fund is a diversified closed-end investment company, which seeks long term capital appreciation primarily through investments in equity securities listed on the Taiwan Stock Exchange. Shares of the Fund are listed on the New York Stock Exchange under the ticker symbol "TWN."

For additional information on the Fund, including information on the Fund's holdings, visit the Fund's website at www.thetaiwanfund.com or call 1-800-426-5523.

CONTACT:
Brian F. Link, Secretary
1-800-426-5523
www.thetaiwanfund.com

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SOURCE The Taiwan Fund, Inc.

FAQ

What is the recent capital gain distribution declared by The Taiwan Fund, Inc. (NYSE: TWN)?

The recent long-term capital gain distribution declared by The Taiwan Fund, Inc. is $0.4365 per share.

When will the distribution be payable to stockholders of The Taiwan Fund, Inc. (NYSE: TWN)?

The distribution will be payable on January 10, 2024, to stockholders of record on December 28, 2023.

What is the ticker symbol for The Taiwan Fund, Inc.?

The ticker symbol for The Taiwan Fund, Inc. is TWN.

What is the primary investment focus of The Taiwan Fund, Inc. (NYSE: TWN)?

The Fund seeks long-term capital appreciation primarily through investments in equity securities listed on the Taiwan Stock Exchange.

How can stockholders get additional information about The Taiwan Fund, Inc. (NYSE: TWN)?

Stockholders can visit the Fund's website at www.thetaiwanfund.com or call 1-800-426-5523 for additional information.