GMI Technology Inc. (Public, TPE: 3312) announced the issuance of a stock share dividend today of forty shares for every one thousand shares owned. The dividend was approved by the board of directors and announced in June of this year.

Commenting on the announcement, Lewis Lo, president of G.M.I., said, “We are happy to share the ongoing success of our company with our shareholders via the issuance of the stock share dividend. This is the 4th consecutive year that GMI has issued a cash or stock share dividend.”