According to recent reports, Taiwan's stock market saw a significant increase last week (April 28 - May 2), rising by 914.91 points, a 4.6% gain, closing at 20,787.64 points. Meanwhile, financial stocks have begun announcing dividend policies, leading many investors to eagerly await their dividend payouts.

However, data from Wangguo shows that the eight major state-owned banks sold off top ten listed stocks over the last five trading days, clearing seven financial stocks. Specifically, Cathay Financial Holdings (2891) is expected to distribute a cash dividend of NT$2.3, with a yield of 5.71% based on the closing price of NT$40.25 on the second. Nevertheless, it was heavily liquidated with 12,000 shares sold, accounting for a total of NT$5.21 billion in net selling, making it the top-selling stock.

Similarly, TSMC (2330) experienced a sell-off of over 6,000 shares by the eight major banks, resulting in a withdrawal of NT$56.34 billion.

The New Taiwan Dollar has continued to strengthen, peaking at 30 during intraday trading last Friday, soaring more than NT$1.2. Despite the central bank's last-minute intervention to stabilize the rate at NT$31.064, it still achieved a daily increase of 3.07%, marking the largest single-day rise in history. Analysts have pointed out that for every 1% increase in the NT dollar, TSMC's operating profit margin is estimated to drop by 0.4%.

In the past five days, the eight major state-owned banks have sold off the top ten ETF-listed stocks, with Cathay Financial Holdings (2891) leading with a net sell of 12,884 shares; Shin Kong Financial (2888) at 7,096 shares; followed by Taiwan Cooperative Bank (2834), Yongfeng Financial (2890), and TSMC (2330) selling 6,544, 6,456, and 6,154 shares respectively.

In terms of dividend distribution, Shin Kong Financial (2888) will not issue dividends this year; Taiwan Cooperative Bank (2834) will distribute a cash dividend of NT$0.2 and a stock dividend of NT$0.6, with a yield of 5.67% based on the stock price of NT$14.1. Yongfeng Financial (2890) has a cash dividend of NT$0.91 and a stock dividend of NT$0.34, yielding 5.79% based on a price of NT$21.6. Additionally, Yuanta Financial (2884) will distribute a cash dividend of NT$1.2 and a stock dividend of NT$0.1, yielding 4.64%; KGI Securities (2883) with a payment of NT$0.85 has a yield of 5.17% at a price of NT$16.45; and Chang Hwa Bank (2801) with dividends of NT$0.5, yielding 5.49% based on a stock price of NT$18.2.

FTNN News Network reminds investors to make independent judgments and assess risks cautiously.