Business Context and Reporting Period
This Form 6-K filing by Taiwan Semiconductor Manufacturing Company Ltd. (TSMC) covers the month of November 2024. The report serves as a notification regarding a minor administrative adjustment to the cash dividend per share previously approved for the second quarter of 2024.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, or debt metrics. The only specific financial data disclosed relates to the dividend distribution:
- Total Cash Dividend Approved: NT$103,721,520,968
- Original Dividend Per Share: NT$4.00
- Adjusted Dividend Per Share: NT$3.99963706
- Payment Date: January 9, 2025
Material Changes
The filing details a material change to the per-share dividend amount. The adjustment from NT$4.00 to NT$3.99963706 per share was necessitated by the issuance of 2024 Restricted Stock Awards between the Board's approval date (August 13, 2024) and the record date. This issuance slightly increased the number of common shares outstanding, resulting in a miniscule reduction in the per-share payout while the total dividend amount remains unchanged.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies beyond the specific dividend adjustment. No unusual items were reported.
Investor Verification Checklist
- Verify the adjusted dividend per share of NT$3.99963706 for the Q2 2024 distribution.
- Confirm the dividend payment date of January 9, 2025.
- Note that the total dividend pool remains NT$103,721,520,968 despite the per-share adjustment.
- Understand that the adjustment was caused by the issuance of Restricted Stock Awards affecting the share count.