China Motor to pay T$1.5 per share cash dividend

Newswire

TAIPEI, March 30 (Reuters) - The board of Taiwan's China Motor Corp. , one of the island's largest auto makers, has proposed a cash dividend of T$1.5 per share based on 2005 earnings. The board also proposed a 1.5 percent stock dividend, or 15 shares for every 1,000 held, the company said in a statement late on Wednesday. (US$=T$32.6)

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