Business Context and Reporting Period
This Form 6-K filing by ChipMOS Technologies Inc. (NASDAQ: IMOS) covers the month of June 2017. The report serves as a notification to the U.S. Securities and Exchange Commission regarding a cash dividend distribution for the company's American Depositary Shares (ADRs).
Key Financial Metrics
The filing does not provide specific financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document is exclusively focused on the administrative details of a dividend declaration.
Material Changes
No material changes to financial operations or comparative period data are reported in this filing. The primary event is the declaration of a cash dividend.
Guidance, Outlook, and Dividend Details
Management has declared a cash dividend with the following schedule:
- Declaration Date: June 1, 2017
- Ex-Dividend Date: June 13, 2017
- ADR Record Date: June 15, 2017
- Local Distribution Date: July 12, 2017 (Company to Depositary)
- ADR Distribution Date: To be determined by Citibank NA upon receipt of funds.
The specific amount to be distributed in U.S. Dollars is not stated in the filing. It will be determined by the Depositary, Citibank NA, after converting the distribution from New Taiwan Dollars to U.S. Dollars on July 12, 2017. ADR books will be closed from June 12, 2017, to June 16, 2017.
Investor Verification Checklist
- Verify the final dividend amount per ADR once announced by Citibank NA following the July 12, 2017 conversion.
- Confirm the exact ADR distribution date as determined by the Depositary.
- Ensure holdings are established prior to the June 13, 2017 ex-dividend date to qualify for the distribution.