Formosa Taffeta Dividend
Dividend criteria checks 2/6
Formosa Taffeta is a dividend paying company with a current yield of 2.22%. Next payment date is on 30th August, 2024 with an ex-dividend date of 31st July, 2024.
Key information
2.2%
Dividend yield
155%
Payout ratio
Industry average yield | 3.1% |
Next dividend pay date | 30 Aug 24 |
Ex dividend date | 31 Jul 24 |
Dividend per share | NT$0.500 |
Earnings per share | NT$0.32 |
Dividend yield forecast in 3Y | 2.2% |
Recent dividend updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1434's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1434's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Formosa Taffeta Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1434) | 2.2% |
Market Bottom 25% (TW) | 1.7% |
Market Top 25% (TW) | 4.3% |
Industry Average (Luxury) | 3.1% |
Analyst forecast in 3 Years (1434) | 2.2% |
Notable Dividend: 1434's dividend (2.22%) is higher than the bottom 25% of dividend payers in the TW market (1.72%).
High Dividend: 1434's dividend (2.22%) is low compared to the top 25% of dividend payers in the TW market (4.33%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (155.1%), 1434's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (29.5%), 1434's dividend payments are well covered by cash flows.