Formosa Petrochemical Dividend
Dividend criteria checks 4/6
Formosa Petrochemical is a dividend paying company with a current yield of 2.77% that is well covered by earnings.
Key information
2.8%
Dividend yield
87%
Payout ratio
| Industry average yield | 5.5% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NT$2.30 |
| Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Formosa Petrochemical (TWSE:6505) Has A Rock Solid Balance Sheet
Apr 30
Investor 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 increased over the past 10 years.
Dividend Yield vs Market
| Formosa Petrochemical Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (6505) | 2.8% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.5% |
| Industry Average (Oil and Gas) | 5.5% |
| Analyst forecast in 3 Years (6505) | 5.3% |
Notable Dividend: 6505's dividend (2.77%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 6505's dividend (2.77%) is low compared to the top 25% of dividend payers in the TW market (4.48%).
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (87%), 6505's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (51.5%), 6505's dividend payments are covered by cash flows.