E.Sun Financial Holdings held a press conference on the 13th, where Chairman Huang Nan-Chou announced the company's dividend policy after merging with Shin Kong Life on September 1st. Huang stated that the company will shift its shareholder return policy to focus on cash dividends and maintain a dividend yield of over 4% in the coming years. Additionally, E.Sun Financial plans a capital injection of 220 billion yen into Shin Kong Life, with 160 billion yen to be implemented this September. The company aims to raise Shin Kong Life's capital adequacy ratio (TIS) to over 125% after the capital injection.
FACT BOX
- Source: PR Times
- Category: Funding