1.25 per Unit, 3.79% Yield Based on 33
The popular high-dividend ETF Cathay Sustainable High Dividend (00878), with over 1.74 million beneficiaries, has announced its distribution. Cathay SITE announced on the 12th that it will actually distribute 1.25 per beneficial unit this quarter. Based on today's closing price of 33, the one-time payout ratio is approximately 3.79%. The ex-dividend date is set for November 17. Investors wishing to receive the dividend must buy or hold by November 16 at the latest. The dividend is expected to be credited on December 11, with the overall schedule in line with market expectations.
92% From Capital Gains, No Income Equalization Fund Used
This distribution mainly consists of realized capital gains, accounting for as much as 92%, with the remaining about 8% from dividend income, including a small amount of overseas profit income, without using the income equalization fund. Since the Second-Generation NHI supplementary premium is levied only on the dividend income portion of the distribution, based on a rough estimate of the dividend income share, holdings of about 200 lots would be needed to approach the 20,000 single dividend income withholding threshold, with relatively limited impact on ordinary small holders.
Regular Investments Exceed 330,000 Accounts, Beneficiaries Hit Record High
In addition to the distribution, 00878's regular investment popularity continues to climb. According to the latest statistics, regular investment accounts exceeded 330,000 in October, an increase of over 60,000 accounts or 24.16% from about 270,000 at the beginning of the year. Deduction amounts rose from 1.31 billion in January to 2.31 billion in September, an increase of about 1.0 billion. According to statistics from the Taiwan Depository & Clearing Corporation, the latest number of 00878 beneficiaries reached 1,748,220, an increase of 60,000 6846 people since early October, hitting a new high since inception.
5-Year Total Return of 181.75% Beats Peer Average
In terms of performance, according to the latest fund performance ranking by the Securities Investment Trust and Consulting Association, as of the end of October this year, 00878's 5-year total return including dividends reached 181.75%, higher than the 146.02% average for similar high-dividend ETFs. The 1-year return was 75.30%, the 2-year return reached 83.17%, and the 3-year return was 132.66%, with relatively outstanding long-term performance. Cathay SITE noted that regular investment through fixed-time, fixed-amount contributions helps diversify entry timing. Fund manager Jiang Yuteng said holdings cover CTBC Financial Holding (2891), Quanta Computer (2382), Cathay Financial Holding (2882), ASUS (2357), Evergreen Marine (2603), Fubon Financial Holding (2881) and UMC (2303), spanning electronics, finance and traditional industries, reminding investors to also evaluate purchase cost, NAV changes and total return including dividends, and avoid using yield alone as the investment basis.