Formosa Plastics Cor Dividend yield

 Price  79.50
 Dividend  4.20
 Earnings  5.85
 Cash-flow  8.93
 Book value  56.79
 Equity  60.31

Formosa Plastics Cor is part of Chemicals business, which is part of Basic Materials industry. Formosa Plastics Cor is a company from Taiwan, and his stocks are publicly traded.

Formosa Plastics Cor stock dividend

Formosa Plastics Cor paid a total dividend of 26,737 million TWD last year, for a market value of 506,097 millions (Market Cap 296,377 millions). Formosa Plastics Cor dividend per share is 4.20 TWD, and his stock market price 79.50 TWD.

According to the chart below, where dividend yield is displayed, Formosa Plastics Cor has a dividend yield of 5.28%, which is higher than the amount offered by both the market average and companies from Taiwan. It is also bigger than average of Basic Materials industry. This high dividend yield might be a sign to worry about the future of the company so deeper analysis is needed.

In addition, you should compare Formosa Plastics Cor stocks dividend with other Chemicals companies or other of the best Taiwan dividend stocks list.

Dividend yield of Formosa Plastics Cor

Formosa Plastics Cor Dividend Payout

About the ability of Formosa Plastics Cor to maintain his current dividend of TWD 4.20 per share, an amount that accounts for 5.28%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Formosa Plastics Cor payout on ernings is currently 71.79%, which is higher than the market average, and companies of Basic Materials industry, which are 39.34% and 38.07% respectively. Both figures show that Formosa Plastics Cor 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 Plastics Cor is TWD 8.93 per share, which is higher than the dividend per share paid by the company of TWD 4.20, so the company generates enough cash to maintain his dividend in the future.

The following figure shows payout ratios over earnings and cashflow of Formosa Plastics Cor, compared againt world market average, Taiwan companies, Basic Materials industry and Chemicals sector companies.

Formosa Plastics Cor payout

Formosa Plastics Cor Dividend History

Below you will find a table with the historical evolution of Formosa Plastics Cor'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 Plastics Cor dividend stock, and compare it with the average of Taiwan stocks and that of the Chemicals stocks.

Formosa Plastics Cor stock dividend history

Formosa Plastics Cor Stock performance

Finally, last moth Formosa Plastics Cor showed a return of -4.40% compared to a worldwide -2.49% average, and a -3.66% of Basic Materials firms. Over the last year, the company obtained a -12.70% versus a worldwide performance of a 8.71%. More detailed information can be seen in the following graph for Taiwan and Chemicals firms.

Formosa Plastics Cor stock and market return