Formosa Petrochemica Dividend yield

 Price  79.30
 Dividend  1.10
 Earnings  1.51
 Cash-flow  0.00
 Book value  33.04
 Equity  35.12

Formosa Petrochemica is part of Oil and Gas Producers business, which is part of Oil and Gas industry. Formosa Petrochemica is a company from Taiwan, and his stocks are publicly traded.

Formosa Petrochemica stock dividend

Formosa Petrochemica paid a total dividend of 10,479 million TWD last year, for a market value of 755,412 millions (Market Cap 108,175 millions). Formosa Petrochemica dividend per share is 1.10 TWD, and his stock market price 79.30 TWD.

According to the chart below, where dividend yield is displayed, Formosa Petrochemica has a dividend yield of 1.39%, lower than the amount offered by both the market average and companies from Taiwan. It is also lower than average of Oil and Gas industry. This low dividend yield might has several explanations: company overpriced, expanding their business,...

In addition, you should compare Formosa Petrochemica stocks dividend with other Oil and Gas Producers companies or other of the best Taiwan dividend stocks list.

Dividend yield of Formosa Petrochemica

Formosa Petrochemica Dividend Payout

About the ability of Formosa Petrochemica to maintain his current dividend of TWD 1.10 per share, an amount that accounts for 1.39%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Formosa Petrochemica payout on ernings is currently 72.85%, which is higher than the market average, and companies of Oil and Gas industry, which are 39.34% and 38.55% respectively. Both figures show that Formosa Petrochemica can have problems to keep with his present dividend yield.

The payout on earnings should be complemented with the payout on cash flow since it is this last amount the one which can be distributed to shareholders. Cash flow per share of Formosa Petrochemica is TWD 0.00 per share, which is lower than the dividend per share paid by the company of TWD 1.10, so the company does not generate enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Formosa Petrochemica, compared againt world market average, Taiwan companies, Oil and Gas industry and Oil and Gas Producers sector companies.

Formosa Petrochemica payout

Formosa Petrochemica Dividend History

Below you will find a table with the historical evolution of Formosa Petrochemica's dividend stock, both in percentage and in TWD, its Payout on Earnings and the number of shares (in case there is an split, number shares altered the dividend per share).

Year Yield  TWD  Paypout  Shares* 

*In millions

Then you can see the evolution of Formosa Petrochemica dividend stock, and compare it with the average of Taiwan stocks and that of the Oil and Gas Producers stocks.

Formosa Petrochemica stock dividend history

Formosa Petrochemica Stock performance

Finally, last moth Formosa Petrochemica showed a return of -1.10% compared to a worldwide -2.49% average, and a -1.44% of Oil and Gas firms. Over the last year, the company obtained a -5.40% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Taiwan and Oil and Gas Producers firms.

Formosa Petrochemica stock and market return