NEW YORK, Dec. 27, 2021 /PRNewswire/ -- The Board of
Directors of The Taiwan Fund, Inc. (NYSE: TWN) (the "Fund")
confirmed capital gain and net investment income distributions in
the aggregate amount of $2.9227 per
share. The capital gain portion of the distributions is
comprised of long-term capital gains of $2.4447. The net investment income portion of the
distributions is $0.4780 per share.
The distribution will be payable on January
10, 2022 to stockholders of record on December 28, 2021
with an ex-dividend date of December 27,
The Fund has a Dividend Reinvestment and Cash Purchase Plan (the
"Plan") that is open to all stockholders. If the Fund's
shares trade at a premium to the net asset value of the Fund, Plan
participants will receive shares of the Fund valued at the greater
of the net asset value or 95% of the market price. If the
Fund is trading at a discount, Plan participants will receive
shares of the Fund valued at market price per share. All
stockholders may elect to participate in the Plan or may withdraw
at any time within the limitations described in the Plan.
The Fund is a diversified closed-end investment company, which
seeks long term capital appreciation primarily through investments
in equity securities listed on the Taiwan Stock Exchange.
Shares of the Fund are listed on the New York Stock Exchange under
the ticker symbol "TWN."
For additional information on the Fund, including information on
the Fund's holdings, visit the Fund's website at
www.thetaiwanfund.com or call 1-800-426-5523.
SOURCE The Taiwan Fund, Inc.