Taiwan Stocks Offer Hefty Yield But Investors Still Selling
- Taiex’s dividend yields are more than double those in the U.S.
- Trade war concern has been limiting gains by island’s stocks
Photographer: Sam Yeh/AFP via Getty Images
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The cash reward for owning Taiwan stocks is larger than almost anywhere else in Asia. Global investors are ditching them anyway.
Even with the benchmark Taiex gauge near a record high, managers have pulled about $680 million from Taiwan stock funds this month. The withdrawals come even as corporate dividends top U.S. yields and just as a record amount of debt globally yields less than zero.