Formosa Petrochemical Dividends and Buybacks
Dividend criteria checks 2/6
Formosa Petrochemical is a dividend paying company with a current yield of 4.55%.
Key information
4.6%
Dividend yield
n/a
Buyback Yield
| Total Shareholder Yield | n/a |
| Future Dividend Yield | 6.2% |
| Dividend Growth | -1.0% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | NT$2.000 |
| Payout ratio | 311% |
Recent dividend and buyback updates
Recent updates
Formosa Petrochemical's (TWSE:6505) Anemic Earnings Might Be Worse Than You Think
Nov 12
Formosa Petrochemical (TWSE:6505) Seems To Use Debt Rather Sparingly
Sep 30Slammed 25% Formosa Petrochemical Corporation (TWSE:6505) Screens Well Here But There Might Be A Catch
Sep 10Is Formosa Petrochemical Corporation (TWSE:6505) Trading At A 31% Discount?
Aug 26Formosa Petrochemical (TWSE:6505) Could Be At Risk Of Shrinking As A Company
Jul 22A Look At The Intrinsic Value Of Formosa Petrochemical Corporation (TWSE:6505)
May 27Earnings Miss: Formosa Petrochemical Corporation Missed EPS By 42% And Analysts Are Revising Their Forecasts
May 08Formosa Petrochemical (TWSE:6505) Has A Rock Solid Balance Sheet
Apr 30Investor Optimism Abounds Formosa Petrochemical Corporation (TWSE:6505) But Growth Is Lacking
Mar 23These Return Metrics Don't Make Formosa Petrochemical (TWSE:6505) Look Too Strong
Feb 27These Metrics Don't Make Formosa Petrochemical (TPE:6505) Look Too Strong
Mar 10Here's Why We Think Formosa Petrochemical's (TPE:6505) Statutory Earnings Might Be Conservative
Feb 16
Calculating The Fair Value Of Formosa Petrochemical Corporation (TPE:6505)
Jan 26Does Formosa Petrochemical Corporation (TPE:6505) Have A Place In Your Dividend Stock Portfolio?
Jan 08Does Formosa Petrochemical (TPE:6505) Have A Healthy Balance Sheet?
Dec 22Is Formosa Petrochemical (TPE:6505) Shrinking?
Nov 30Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 6505's dividend payments have been volatile in the past 10 years.
Growing Dividend: 6505's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
| Formosa Petrochemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6505) | 4.6% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Oil and Gas) | 6.4% |
| Analyst forecast (6505) (up to 3 years) | 6.2% |
Notable Dividend: 6505's dividend (4.55%) is higher than the bottom 25% of dividend payers in the TW market (1.73%).
High Dividend: 6505's dividend (4.55%) is in the top 25% of dividend payers in the TW market (4.45%)
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (310.8%), 6505's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 6505 is paying a dividend but the company has no free cash flows.