Formosa Chemicals & Fibre Dividend
Dividend criteria checks 3/6
Formosa Chemicals & Fibre is a dividend paying company with a current yield of 2.48% that is well covered by earnings. Next payment date is on 9th August, 2024 with an ex-dividend date of 10th July, 2024.
Key information
2.5%
Dividend yield
67%
Payout ratio
| Industry average yield | 2.2% |
| Next dividend pay date | 09 Aug 24 |
| Ex dividend date | 10 Jul 24 |
| Dividend per share | n/a |
| Earnings per share | NT$1.85 |
| Dividend yield forecast in 3Y | 5.2% |
Recent dividend updates
Recent updates
Investors Aren't Entirely Convinced By Formosa Chemicals & Fibre Corporation's (TWSE:1326) Revenues
Jun 11
Concerns Surrounding Formosa Chemicals & Fibre's (TWSE:1326) Performance
May 21Formosa Chemicals & Fibre Corporation Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
May 09Is Formosa Chemicals & Fibre (TWSE:1326) A Risky Investment?
Apr 08Why Investors Shouldn't Be Surprised By Formosa Chemicals & Fibre Corporation's (TWSE:1326) Low P/S
Feb 26Formosa Chemicals & Fibre Corporation (TPE:1326) Analysts Are More Bearish Than They Used To Be
Apr 16Is Formosa Chemicals & Fibre (TPE:1326) A Risky Investment?
Apr 07Can Formosa Chemicals & Fibre (TPE:1326) Turn Things Around?
Mar 08Is Formosa Chemicals & Fibre Corporation (TPE:1326) Worth NT$85.6 Based On Its Intrinsic Value?
Feb 23Formosa Chemicals & Fibre's (TPE:1326) Stock Price Has Reduced 24% In The Past Three Years
Feb 10
Are Dividend Investors Getting More Than They Bargained For With Formosa Chemicals & Fibre Corporation's (TPE:1326) Dividend?
Jan 22What Kind Of Investors Own Most Of Formosa Chemicals & Fibre Corporation (TPE:1326)?
Jan 07Does Formosa Chemicals & Fibre (TPE:1326) Have A Healthy Balance Sheet?
Dec 23Formosa Chemicals & Fibre Corporation's (TPE:1326) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?
Dec 08The Returns On Capital At Formosa Chemicals & Fibre (TPE:1326) Don't Inspire Confidence
Nov 23Upcoming Dividend Payment
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 increased over the past 10 years.
Dividend Yield vs Market
| Formosa Chemicals & Fibre Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (1326) | 2.5% |
| Market Bottom 25% (TW) | 1.7% |
| Market Top 25% (TW) | 4.2% |
| Industry Average (Chemicals) | 2.2% |
| Analyst forecast in 3 Years (1326) | 5.2% |
Notable Dividend: 1326's dividend (2.48%) is higher than the bottom 25% of dividend payers in the TW market (1.71%).
High Dividend: 1326's dividend (2.48%) is low compared to the top 25% of dividend payers in the TW market (4.26%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.4%), 1326's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (210.7%), 1326's dividend payments are not well covered by cash flows.