Formosa Petrochemical Stock

Formosa Petrochemical Dividend 2024

Formosa Petrochemical Dividend

1.1 TWD

Formosa Petrochemical Dividend yield

1.68 %

Ticker

6505.TW

ISIN

TW0006505001

WKN

A0BLRK

How much dividend does Formosa Petrochemical 2024 pay?

According to the latest status from August 2024, Formosa Petrochemical paid a total of 1.1 TWD per share in dividends within the last 12 months. With the current Formosa Petrochemical price of 65.5 TWD, this corresponds to a dividend yield of 1.68 %. A dividend is paid times per year.

1.68 % Dividend Yield=
1.1 TWD Dividend
65.5 TWD Stock Price

Historical Formosa Petrochemical Dividends

A dividend is paid times per year. Last year, the payout months were and July.

PaydateDividend
8/9/20242
7/13/20231.1
7/21/20223.8
8/23/20210.59
7/17/20202.9
7/20/20194.8
8/4/20186.3
7/28/20176
8/4/20164
8/2/20150.85
8/1/20142.5
8/2/20130.26
8/4/20122
8/6/20113.9
8/7/20103.8
8/7/20091.17
7/18/20086.7
7/20/20074.4
8/18/20064.56
8/19/20053.61
1
2

Formosa Petrochemical dividend history and estimates

In 2023, Formosa Petrochemical paid a dividend amounting to 1.1 TWD. Dividend means that Formosa Petrochemical distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
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Dividend

Dividend Overview

The dividend per year chart for Formosa Petrochemical provides a comprehensive view of the annual dividends distributed to shareholders. Analyze the trend to understand the consistency and growth in dividend payouts over the years.

Interpretation and Use

A consistent or increasing trend in dividends can indicate the company's profitability and financial health. Investors can use this data to identify Formosa Petrochemical’s potential for long-term investment and income generation through dividends.

Investment Strategy

Incorporate the dividend data in evaluating Formosa Petrochemical's overall performance. A thorough analysis, considering other financial aspects, will help in making informed investment decisions for optimal capital growth and income generation.

Formosa Petrochemical Dividend History

DateFormosa Petrochemical Dividend
2026e1.05 TWD
2025e1.05 TWD
2024e1.07 TWD
20231.1 TWD
20223.8 TWD
20210.59 TWD
20202.9 TWD
20194.8 TWD
20186.3 TWD
20176 TWD
20164 TWD
20150.85 TWD
20142.5 TWD
20130.26 TWD
20122 TWD
20113.9 TWD
20103.8 TWD
20091.17 TWD
20086.5 TWD
20074.27 TWD
20064.43 TWD
20053.4 TWD
20041.6 TWD

Is the Formosa Petrochemical Dividend Safe?

Formosa Petrochemical has been increasing the dividend for 2 years.

Over the past 10 years, Formosa Petrochemical has increased it by an annual 15.516 %.

Over a five-year period, the distribution increased by -29.464%.

Analysts expect a Dividend Cut of -1.346% for the current fiscal year.

Formosa Petrochemical dividend payout ratio

In 2023, Formosa Petrochemical had a payout ratio of 211.4%. The payout ratio indicates the percentage of the company's profits that Formosa Petrochemical distributes as dividends.
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Payout ratio

What is Yearly Payout Ratio?

The yearly payout ratio for Formosa Petrochemical represents the proportion of earnings paid out as dividends to shareholders. It is an indicator of the company's financial health and stability, illustrating how much profit is being returned to investors versus being reinvested back into the company.

How to Interpret the Data

A lower payout ratio for Formosa Petrochemical could mean that the company is reinvesting more into its growth, whereas a higher ratio indicates more earnings are being distributed as dividends. Investors seeking regular income might prefer companies with a higher payout ratio, while those looking for growth may opt for companies with a lower ratio.

Using the Data for Investments

Evaluate Formosa Petrochemical's payout ratio in conjunction with other financial metrics and performance indicators. A sustainable payout ratio, coupled with strong financial health, can indicate a reliable dividend payout. However, a very high ratio might suggest the company is not sufficiently reinvesting in its future growth.

Formosa Petrochemical Payout Ratio History

DateFormosa Petrochemical Payout ratio
2026e192.04 %
2025e206.78 %
2024e157.93 %
2023211.4 %
2022251 %
202111.38 %
2020371.83 %
2019124.26 %
201899.87 %
201771.29 %
201650.29 %
201517.12 %
2014262.68 %
20139.22 %
2012689.66 %
2011165.25 %
201088.37 %
200928.35 %
2008409.11 %
200758.44 %
200695.08 %
200556.57 %
200429.97 %

Dividend Details

Understanding Formosa Petrochemical's Dividend Distributions

Formosa Petrochemical’s dividends are a portion of the company’s profits distributed to shareholders. It is a critical indicator of the company’s financial health and attractiveness to investors. Dividends provide investors with a steady income stream, in addition to any profits that may come from selling the stock at a higher price than the purchase price.

Year-to-Year Comparison

Examining Formosa Petrochemical's dividend distributions over the years can highlight the company’s profitability and stability. A consistent or increasing dividend payout can indicate a financially healthy company with predictable earnings, while fluctuations or reductions in dividends can suggest underlying financial or operational challenges.

Impact on Investments

Formosa Petrochemical's dividend payments are an essential factor for income-focused investors. A robust dividend payout can enhance the stock’s appeal, offering regular income in addition to potential capital gains. It also can indicate the company's confidence in its future earnings, making it a significant consideration in investment decisions.

Interpreting Dividend Fluctuations

Changes in Formosa Petrochemical’s dividends can result from shifts in the company’s earnings, financial policies, or reinvestment strategies. An increase in dividends often signals financial stability, while a decrease may indicate a need to conserve cash or reinvest profits to fuel growth, each scenario having different implications for investors.

Formosa Petrochemical Aktienanalyse

What does Formosa Petrochemical do?

Formosa Petrochemical Corp is one of the largest petrochemical companies in Taiwan and is a leading company in the Taiwanese chemical industry. The company was founded in 1992 and is headquartered in Mailiao, Yunlin County. However, the company's history goes back even further, as it began with the founding of the Formosa Plastics Group in 1954. Many other companies operate under this umbrella, including Formosa Petrochemical Corp. The business model of Formosa Petrochemical Corp is focused on meeting the needs of customers in various sectors of the economy. The company produces and supplies a wide range of chemical products, including basic chemicals, plastics, rubber, resins, specialty chemicals, and petroleum refinery products. With an annual revenue of over $18 billion USD and more than 10,000 employees worldwide, the company aims to meet the needs of customers in 90 countries around the world. The various divisions of Formosa Petrochemical Corp are divided into six sectors: oilfield services, petroleum refining, petrochemicals, plastics, rubber, and specialty chemicals. Each of these sectors is specialized in the production of chemical products. The petroleum refining division produces and supplies a wide range of petrochemical products, including fuels, lubricants, and other additives used in products such as food, clothing, and cars. The petrochemical division produces various types of basic chemicals that are used as raw materials for the production of plastics, rubber, and specialty chemicals. In the plastics sector, the company produces a variety of products, including polyethylene, polypropylene, PVC, acrylonitrile-butadiene-styrene (ABS), and polycarbonate. These products are used in many different industries, from food packaging to electronics to household products. The rubber division of Formosa Petrochemical Corp produces various types of synthetic rubber used in tires, shoes, hoses, and other products. The specialty chemicals division produces a wide range of products used in many industries, including semiconductors, electronics, and agriculture. Formosa Petrochemical Corp is also a leading provider of oilfield service services, including exploration, production, operation, and maintenance. The company has subsidiaries that search for and exploit oil, gas, coal, and other resources in many regions of the world. Overall, Formosa Petrochemical Corp is an important company in the Taiwanese chemical industry, serving customers in many industries worldwide. The company specializes in the production of chemical products in various sectors and aims to provide innovative and sustainable solutions for its customers. Formosa Petrochemical is one of the most popular companies on Eulerpool.com.
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Frequently Asked Questions about Formosa Petrochemical stock

How much dividend does Formosa Petrochemical pay?

Over the past 12 months, Formosa Petrochemical paid a dividend of 1.1 TWD . This corresponds to a dividend yield of about 1.68 %. For the coming 12 months, Formosa Petrochemical is expected to pay a dividend of 1.05 TWD.

What is the dividend yield of Formosa Petrochemical?

The current dividend yield of Formosa Petrochemical is 1.68 %.

When does Formosa Petrochemical pay dividends?

Formosa Petrochemical pays a quarterly dividend. This is distributed in the months of August, July, July, August.

How secure is the dividend of Formosa Petrochemical?

Formosa Petrochemical paid dividends every year for the past 23 years.

What is the dividend of Formosa Petrochemical?

For the upcoming 12 months, dividends amounting to 1.05 TWD are expected. This corresponds to a dividend yield of 1.6 %.

In which sector is Formosa Petrochemical located?

Formosa Petrochemical is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Formosa Petrochemical kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Formosa Petrochemical from 8/7/2024 amounting to 2 TWD, you needed to have the stock in your portfolio before the ex-date on 7/9/2024.

When did Formosa Petrochemical pay the last dividend?

The last dividend was paid out on 8/7/2024.

What was the dividend of Formosa Petrochemical in the year 2023?

In the year 2023, Formosa Petrochemical distributed 3.8 TWD as dividends.

In which currency does Formosa Petrochemical pay out the dividend?

The dividends of Formosa Petrochemical are distributed in TWD.

Andere Kennzahlen von Formosa Petrochemical

Our stock analysis for Formosa Petrochemical Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Formosa Petrochemical Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.