Far Eastern Bank Distributes NT$0.75 per Share and Does Not Rule Out Seeking Mergers and Acquisitions to Compete for Financial Holdings

Far Eastern Bank held a regular shareholders meeting on the 22nd and approved a dividend of NT$0.75 per share, including NT$0.5 in cash and NT$0.25 in stock, with a dividend payout ratio of about 74%. Far Eastern Bank General Manager Zhou Tiancai pointed out that Far Eastern Bank's total assets will reach NT$853.5 billion in 2024, an increase of 8% year-on-year. It hopes to "break the trillion mark" in three years. It does not rule out seeking g…