Formosa Laboratories Dividend
Dividend criteria checks 2/6
Formosa Laboratories is a dividend paying company with a current yield of 2.02%.
Key information
2.0%
Dividend yield
191%
Payout ratio
| Industry average yield | 1.7% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Earnings per share | NT$1.05 |
| Dividend yield forecast in 3Y | 5.3% |
Recent dividend updates
Recent updates
Benign Growth For Formosa Laboratories, Inc. (TWSE:4746) Underpins Its Share Price
Apr 19
Here's Why Formosa Laboratories (TPE:4746) Has A Meaningful Debt Burden
Apr 19Does Formosa Laboratories, Inc.'s (TPE:4746) Weak Fundamentals Mean A Downturn In Its Stock Should Be Expected?
Mar 16What Type Of Returns Would Formosa Laboratories'(TPE:4746) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Feb 08Formosa Laboratories (TPE:4746) Is Making Moderate Use Of Debt
Jan 11
Formosa Laboratories's (TPE:4746) Earnings Are Growing But Is There More To The Story?
Dec 13Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 4746 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 4746 has only been paying a dividend for 9 years, and since then payments have not increased.
Dividend Yield vs Market
| Formosa Laboratories Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (4746) | 2.0% |
| Market Bottom 25% (TW) | 1.8% |
| Market Top 25% (TW) | 4.4% |
| Industry Average (Pharmaceuticals) | 1.7% |
| Analyst forecast in 3 Years (4746) | 5.3% |
Notable Dividend: 4746's dividend (2.02%) is higher than the bottom 25% of dividend payers in the TW market (1.78%).
High Dividend: 4746's dividend (2.02%) is low compared to the top 25% of dividend payers in the TW market (4.44%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (190.5%), 4746's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (84.1%), 4746's dividend payments are covered by cash flows.