Taiwan Stock Market Surges 700 Points Toward 45,000! August Dividend-Paying ETFs Reshuffled as 00961 Claims 17% Annualized Yield

On the 10th, the Taiwan stock market staged a strong rebound, fueled by weak U.S. July non-farm employment data and cooling expectations of Federal Reserve rate hikes. The index surged nearly 1,000 points intraday and closed up 702.85 points at 44,928.76. However, the 45,000-point psychological barrier was briefly breached but ultimately lost, indicating that while the short-term rebound is strong, the overall market remains in high-level volatility with downside pressure still present.

As investors seek a balance between yield and defense, Taiwan stock ETFs going ex-dividend in August have become focal points for capital inflows. Among them, 00961 (FT Taiwan Sustainable High Dividend) stands out with an annualized dividend yield of 17.4%, emerging as a dark horse.

Looking at the performance of monthly dividend-paying ETFs since the second half of the year, a clear divergence is evident. FT Taiwan Sustainable High Dividend (00961-TW) has performed exceptionally well, rising 3.8% in the second half with a projected distribution of NT$0.191 per unit, achieving an annualized yield of 17.4%. It has risen to the top tier among monthly dividend ETFs by balancing capital appreciation and cash flow. Meanwhile, Taishin AI High Dividend Momentum (00962-TW) gained 2.7% with a 12.6% annualized yield, demonstrating strong resilience against market declines.

Quarterly dividend ETFs also show mixed results. KGI Preferred 30 (00938-TW) and兆豐 Sustainable High Dividend Equal Weight (00932-TW) rose 1.8% and 1.37% respectively in the second half. Cathay Sustainable High Dividend (00878-TW) dipped slightly by 0.3% but maintains a robust 12.1% annualized yield, attracting long-term dividend investors. In contrast, tech and high-priced stock themes faced heavy pressure: China Trust Key Semiconductor (00891-TW) corrected 4.98%,兆豐 Blue Chip 30 (00690-TW) fell 5.84%, and active Yuanta Taiwan Power (00982A-TW) plunged 7.84%, highlighting the volatility risks of excessive concentration in single sectors during high-level market swings.

The three semi-annual dividend ETFs all underperformed the weighted index. Cathay Dividend Select 30 (00701-TW) declined 0.56% but remained relatively resilient with an 8.2% annualized yield. Cathay Taiwan Tech Titan (00881-TW) and Yuanta Taiwan ESG Low Carbon 50 (00923-TW) dropped 3.01% and 3.11% respectively. Despite attractive annualized yields of 7.3% and 14.6%, the ongoing decline in net asset value raises concerns for investors.

Financial institutions warn that with the market failing to firmly hold above 45,000 points, it remains in a consolidation phase. When investing in ex-dividend ETFs, investors should prioritize not only dividend yield but also net asset stability and total return performance to steadily accumulate wealth amid volatility.

Table: Performance and Dividend Overview of August Ex-Dividend ETFs

Dividend Frequency: Monthly - 00961: FT Taiwan Sustainable High Dividend, Closing Price: NT$13.12, H2 Return: +3.80%, Ex-Dividend Amount: NT$0.190, Annualized Yield: 17.4% - 00962: Taishin AI High Dividend Momentum, NT$15.21, +2.70%, NT$0.160, 12.6% - 00936: Taishin Sustainable High Dividend Small-Mid Cap, NT$21.67, +1.36%, NT$0.120, 6.6% - 00730: Fubon Taiwan Quality High Dividend, NT$29.19, +1.00%, NT$0.110, 4.5% - 00934: CTBC Growth High Dividend, NT$28.47, +0.92%, NT$0.300, 12.6% - 00401A: JPMorgan Taiwan Income Plus, NT$13.46, -1.03%, NT$0.121, 10.8% - 00940: Yuanta Taiwan Value High Dividend, NT$12.44, -1.66%, NT$0.050, 4.8% - 00900: Fubon Select High Dividend 30, NT$18.80, -2.13%, NT$0.075, 4.8% - 00943:兆豐 Electronics High Dividend Equal Weight, NT$21.92, -2.32%, NT$0.240, 6.6% - 00952: KGI Taiwan AI50, NT$18.25, -2.61%, NT$0.120, 7.9% - 00944: Nomura Trend Momentum High Dividend, NT$20.73, -6.92%, NT$0.109, 6.3%

Dividend Frequency: Quarterly - 00938: KGI Preferred 30, NT$24.88, +1.80%, NT$0.320, 5.1% - 00932:兆豐 Sustainable High Dividend Equal Weight, NT$17.76, +1.37%, NT$0.230, 5.2% - 00878: Cathay Sustainable High Dividend, NT$33.40, -0.30%, NT$1.010, 12.1% - 00980A: Nomura Taiwan Preferred, NT$24.09, -2.07%, NT$0.638, 10.6% - 00850: Yuanta Taiwan ESG Sustainable, NT$89.55, -2.72%, NT$0.850, 3.8% - 00894: CTBC Small Investor High-Value 30, NT$47.40, -3.54%, NT$2.050, 17.3% - 00891: CTBC Key Semiconductor, NT$35.50, -4.98%, NT$1.550, 17.5% - 00690:兆豐 Blue Chip 30, NT$76.60, -5.84%, NT$2.190, 11.4% - 00982A: Yuanta Taiwan Power, NT$22.68, -7.84%, NT$0.640, 11.3%

Dividend Frequency: Semi-Annual - 00701: Cathay Dividend Select 30, NT$39.00, -0.56%, NT$1.600, 8.2% - 00881: Cathay Taiwan Tech Titan, NT$53.20, -3.01%, NT$4.600, 17.3% - 00923: Yuanta Taiwan ESG Low Carbon 50, NT$41.72, -3.11%, NT$3.050, 14.6%

Benchmark: Taiwan Weighted Index (TWII), Closing Price: 44,928.76, H2 Return: -2.60%