Formosa Plastics Cor Dividend yield

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
   TWD per share 
 Price  101.00
 Dividend  5.70
 Earnings  7.83
 Cash-flow  7.21
 Book value  53.16
 Equity  51.51

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 paid a total dividend of 36,286 million TWD last year, for a market value of 642,966 millions (Market Cap 491,527 millions). Dividend per share of Formosa Plastics Cor is 5.70 TWD, and his stock market price 101.00 TWD.

According to the chart below, where dividend yield is displayed, Formosa Plastics Cor has a dividend yield of 5.64%, 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 dividend yield with other Chemicals companies or firms from Taiwan.

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 5.70 per share, an amount that accounts for 5.64%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Formosa Plastics Cor payout on ernings is currently 72.80%, which is higher than the market average, and companies of Basic Materials industry, which are 40.41% and 46.31% 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 7.21 per share, which is higher than the dividend per share paid by the company of TWD 5.70, 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 Stock performance

Finally, last moth Formosa Plastics Cor showed a return of 1.00% compared to a worldwide -5.60% average, and a -3.44% of Basic Materials firms. Over the last year, the company obtained a 2.30% versus a worldwide performance of a -11.41%. More detailed information can be seen in the following graph for Taiwan and Chemicals firms.

Formosa Plastics Cor stock and market return

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