Lite-On Technology held its 2013 annual general meeting on June 19, during which the shareholders approved Lite-On's results in 2012 and distribution of a NT$2.4 dividend per common share. Of that sum, the cash and stock dividend portions will be NT$2.35 and NT$0.05 per share respectively. The payout ratio and cash dividend yield are 72% and 4.8%, in line with the company’s historic high and stable payout ratio. Meanwhile, approval was also granted for the election of Mr. Kuo-Feng Wu, Mr. Harvey Chang and Mr. Edward Yang to serve as independent directors. ...