Formosa Ingredient Factory Dividends and Buybacks
Dividend criteria checks 3/6
Formosa Ingredient Factory is a dividend paying company with a current yield of 2.37% that is well covered by earnings. Next payment date is on 6th December, 2024 with an ex-dividend date of 22nd November, 2024.
Key information
2.4%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | n/a |
| Dividend Growth | -9.7% |
| Next dividend pay date | 06 Dec 24 |
| Ex dividend date | 22 Nov 24 |
| Dividend per share | Rp4.000 |
| Payout ratio | 41% |
Recent dividend and buyback updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: BOBA has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: BOBA has only been paying a dividend for 3 years, and since then payments have fallen.
Dividend Yield vs Market
| Formosa Ingredient Factory Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (BOBA) | 2.4% |
| Market Bottom 25% (ID) | 1.5% |
| Market Top 25% (ID) | 6.1% |
| Industry Average (Food) | 3.2% |
| Analyst forecast (BOBA) (up to 3 years) | n/a |
Notable Dividend: BOBA's dividend (2.37%) is higher than the bottom 25% of dividend payers in the ID market (1.49%).
High Dividend: BOBA's dividend (2.37%) is low compared to the top 25% of dividend payers in the ID market (6.08%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.3%), BOBA's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (37.3%), BOBA's dividend payments are well covered by cash flows.