Formosan Union Chemical Dividend
Dividend criteria checks 3/6
Formosan Union Chemical is a dividend paying company with a current yield of 2.33% that is well covered by earnings. Next payment date is on 27th September, 2024 with an ex-dividend date of 27th August, 2024.
Key information
2.3%
Dividend yield
56%
Payout ratio
Industry average yield | 2.2% |
Next dividend pay date | 27 Sep 24 |
Ex dividend date | 27 Aug 24 |
Dividend per share | n/a |
Earnings per share | NT$1.07 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Formosan Union Chemical's (TWSE:1709) Dividend Is Being Reduced To NT$0.60
Jul 15Formosan Union Chemical (TWSE:1709) Seems To Use Debt Quite Sensibly
Jun 26Why Formosan Union Chemical's (TWSE:1709) Shaky Earnings Are Just The Beginning Of Its Problems
Mar 24Here's What To Make Of Formosan Union Chemical's (TPE:1709) Decelerating Rates Of Return
Apr 02Read This Before Buying Formosan Union Chemical Corp. (TPE:1709) For Its Dividend
Mar 15Could Formosan Union Chemical Corp.'s (TPE:1709) Weak Financials Mean That The Market Could Correct Its Share Price?
Feb 25Is Formosan Union Chemical (TPE:1709) A Risky Investment?
Feb 07If You Had Bought Formosan Union Chemical's (TPE:1709) Shares Three Years Ago You Would Be Down 26%
Jan 21Should We Be Excited About The Trends Of Returns At Formosan Union Chemical (TPE:1709)?
Jan 01Three Things You Should Check Before Buying Formosan Union Chemical Corp. (TPE:1709) For Its Dividend
Dec 15Formosan Union Chemical Corp.'s (TPE:1709) Stock Been Rising But Financials Look Weak: Should Shareholders Be Worried?
Nov 27Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 1709's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1709's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
Formosan Union Chemical Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (1709) | 2.3% |
Market Bottom 25% (TW) | 1.6% |
Market Top 25% (TW) | 4.2% |
Industry Average (Chemicals) | 2.2% |
Analyst forecast in 3 Years (1709) | n/a |
Notable Dividend: 1709's dividend (2.33%) is higher than the bottom 25% of dividend payers in the TW market (1.62%).
High Dividend: 1709's dividend (2.33%) is low compared to the top 25% of dividend payers in the TW market (4.21%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (56.3%), 1709's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.8%), 1709's dividend payments are well covered by cash flows.