Formosa Chemicals & Fibre Corporation

TWSE:1326 Stock Report

Market Cap: NT$162.6b

Formosa Chemicals & Fibre Dividends and Buybacks

Dividend criteria checks 1/6

Formosa Chemicals & Fibre is a dividend paying company with a current yield of 4.5%.

Key information

4.5%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yield4.1%
Dividend Growth0.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNT$1.250
Payout ratio467%

Recent dividend and buyback updates

Recent updates

Lacklustre Performance Is Driving Formosa Chemicals & Fibre Corporation's (TWSE:1326) Low P/S

Dec 16
Lacklustre Performance Is Driving Formosa Chemicals & Fibre Corporation's (TWSE:1326) Low P/S

There May Be Underlying Issues With The Quality Of Formosa Chemicals & Fibre's (TWSE:1326) Earnings

Nov 19
There May Be Underlying Issues With The Quality Of Formosa Chemicals & Fibre's (TWSE:1326) Earnings

Estimating The Intrinsic Value Of Formosa Chemicals & Fibre Corporation (TWSE:1326)

Nov 06
Estimating The Intrinsic Value Of Formosa Chemicals & Fibre Corporation (TWSE:1326)

Formosa Chemicals & Fibre (TWSE:1326) Takes On Some Risk With Its Use Of Debt

Oct 20
Formosa Chemicals & Fibre (TWSE:1326) Takes On Some Risk With Its Use Of Debt

Revenues Working Against Formosa Chemicals & Fibre Corporation's (TWSE:1326) Share Price

Sep 13
Revenues Working Against Formosa Chemicals & Fibre Corporation's (TWSE:1326) Share Price

Formosa Chemicals & Fibre Corporation (TWSE:1326) Shares Could Be 44% Below Their Intrinsic Value Estimate

Jul 26
Formosa Chemicals & Fibre Corporation (TWSE:1326) Shares Could Be 44% Below Their Intrinsic Value Estimate

Investors Aren't Entirely Convinced By Formosa Chemicals & Fibre Corporation's (TWSE:1326) Revenues

Jun 11
Investors Aren't Entirely Convinced By Formosa Chemicals & Fibre Corporation's (TWSE:1326) Revenues

Concerns Surrounding Formosa Chemicals & Fibre's (TWSE:1326) Performance

May 21
Concerns Surrounding Formosa Chemicals & Fibre's (TWSE:1326) Performance

Formosa Chemicals & Fibre Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

May 09
Formosa Chemicals & Fibre Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

Is Formosa Chemicals & Fibre (TWSE:1326) A Risky Investment?

Apr 08
Is Formosa Chemicals & Fibre (TWSE:1326) A Risky Investment?

Why Investors Shouldn't Be Surprised By Formosa Chemicals & Fibre Corporation's (TWSE:1326) Low P/S

Feb 26
Why Investors Shouldn't Be Surprised By Formosa Chemicals & Fibre Corporation's (TWSE:1326) Low P/S

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 1326's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1326's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Formosa Chemicals & Fibre Dividend Yield vs Market
How does 1326 dividend yield compare to the market?
SegmentDividend Yield
Company (1326)4.5%
Market Bottom 25% (TW)1.8%
Market Top 25% (TW)4.6%
Industry Average (Chemicals)3.0%
Analyst forecast (1326) (up to 3 years)4.1%

Notable Dividend: 1326's dividend (4.5%) is higher than the bottom 25% of dividend payers in the TW market (1.82%).

High Dividend: 1326's dividend (4.5%) is low compared to the top 25% of dividend payers in the TW market (4.56%).


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (467.3%), 1326's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (1837.3%), 1326's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 22:57
End of Day Share Price 2025/01/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Formosa Chemicals & Fibre Corporation is covered by 23 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Changming YehBarclays
Yong Liang PorBNP Paribas Securities (Asia)
Joon-Ho LeeBofA Global Research