Taiwan Fertilizer Dividend yield

 Price  53.50
 Dividend  2.80
 Earnings  3.11
 Cash-flow  3.18
 Book value  53.50
 Equity  52.71

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

Taiwan Fertilizer paid a total dividend of 2,744 million TWD last year, for a market value of 52,430 millions (Market Cap 39,427 millions). Dividend per share of Taiwan Fertilizer is 2.80 TWD, and his stock market price 53.50 TWD.

According to the chart below, where dividend yield is displayed, Taiwan Fertilizer has a dividend yield of 5.23%, which is similar to the amount offered by both the market average and companies from Taiwan. However, it is lower than the average of Basic Materials industry. The company should be deeply analized because dividend yields should be similar among companies from the same industry unless they carry an opposite strategy.

In addition, you should compare Taiwan Fertilizer dividend yield with other Chemicals companies or firms from Taiwan.

Dividend yield of Taiwan Fertilizer

Taiwan Fertilizer Dividend Payout

About the ability of Taiwan Fertilizer to maintain his current dividend of TWD 2.80 per share, an amount that accounts for 5.23%, we should study its payout ratio both on earnings and on cash-flows (see chart below). Taiwan Fertilizer payout on ernings is currently 90.03%, which is higher than the market average, and companies of Basic Materials industry, which are 41.22% and 44.27% respectively. Both figures show that Taiwan Fertilizer 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 Taiwan Fertilizer is TWD 3.18 per share, which is higher than the dividend per share paid by the company of TWD 2.80, so the company generates enough cash to maintain his dividend in the future.

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

Taiwan Fertilizer payout

Taiwan Fertilizer Dividend History

Year Yield  TWD  Paypout  Shares* 

*In millions

Taiwan Fertilizer Stock performance

Finally, last moth Taiwan Fertilizer showed a return of -5.00% compared to a worldwide -2.30% average, and a -2.88% of Basic Materials firms. Over the last year, the company obtained a -23.60% versus a worldwide performance of a -5.85%. More detailed information can be seen in the following graph for Taiwan and Chemicals firms.

Taiwan Fertilizer stock and market return