Formosa Chemicals & Fibre Corporation produces and sells petrochemical products, nylon fibers, and rayon staple fibers in Taiwan and internationally. It offers various petrochemical products, including benzene, para-xylene, ortho-xylene, meta-xylene, styrene monomer, phenol, acetone, purified terephthalic acid, and purified isophthalic acid; and plastic products comprising polystyrene, acrylonitrile butadiene styrene (ABS) resin, polypropylene resin, polycarbonate (PC) resin, PC/ABS alloy, SAN resin, and ASA resin. The company also provides viscose rayon staple fiber, sodium sulphate, nylon 6 chip, filament of clothing and industry, and fireproof cloth products, as well as flame retardant, mosaic, compact, slub, recycle, modal, siro, multi-blended, and ring spun yarns. In addition, it is involved in the spinning, dyeing, printing, finishing, and manufacturing synthetic fibre, rug, and carpet; investment activities; cogeneration and power generation business; manufacturing and sale of cosmetics; removal and disposal of waste and sewage; wholesale and retail of petrochemical and plastic raw materials; research and development, assembly, testing, and processing of various integrated circuits; provision of employment, manpower allocation, and agency services; manufacture of synthetic rubber, industrial catalyst, and battery energy storage systems and related products; trading and wholesale of chemical materials; and international trading activities. Further, the company engages in development, rental, and sale of rebuilt housing, residences, and buildings and plants; recycle of spent catalyst; wholesale of other chemical products; production, import, and export of ready-to-wear; and planning, design, manufacturing, and installation of LED lighting system, as well as lighting piping engineering activities. Formosa Chemicals & Fibre Corporation was founded in 1965 and is based in Taipei, Taiwan.
Formosa Chemicals & Fibre Dividend Announcement
• Formosa Chemicals & Fibre announced a annually dividend of NT$1.25 per ordinary share which will be made payable on 2024-08-09. Ex dividend date: 2024-07-10
• Formosa Chemicals & Fibre annual dividend for 2024 was NT$1.25
• Formosa Chemicals & Fibre annual dividend for 2023 was NT$0.95
• Formosa Chemicals & Fibre's trailing twelve-month (TTM) dividend yield is 3.77%
• Formosa Chemicals & Fibre's payout ratio for the trailing twelve months (TTM) is 468.56%
• Formosa Chemicals & Fibre's dividend growth over the last five years (2018-2023) was -32.93% year
• Formosa Chemicals & Fibre's dividend growth over the last ten years (2013-2023) was 3.87% year
Formosa Chemicals & Fibre Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-10 | NT$1.25 | annually | 2024-08-09 |
2023-06-14 | NT$0.95 | annually | 2023-07-14 |
2022-06-28 | NT$4.80 | annually | 2022-07-29 |
2021-07-27 | NT$2.50 | annually | 2021-08-24 |
2020-07-01 | NT$3.80 | annually | 2020-07-30 |
2019-06-26 | NT$6.20 | annually | 2019-07-30 |
2018-07-05 | NT$7.00 | annually | 2018-08-01 |
2017-07-06 | NT$5.60 | annually | 2017-08-04 |
2016-07-06 | NT$3.50 | annually | |
2015-07-21 | NT$1.20 | annually | |
2014-07-04 | NT$2.50 | annually | |
2013-07-22 | NT$0.65 | annually |
Formosa Chemicals & Fibre Dividend per year
Formosa Chemicals & Fibre Dividend growth
Formosa Chemicals & Fibre Dividend Yield
Formosa Chemicals & Fibre current trailing twelve-month (TTM) dividend yield is 3.77%. Interested in purchasing Formosa Chemicals & Fibre stock? Use our calculator to estimate your expected dividend yield:
Formosa Chemicals & Fibre Financial Ratios
Formosa Chemicals & Fibre Dividend FAQ
Other factors to consider when evaluating Formosa Chemicals & Fibre as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Formosa Chemicals & Fibre's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Formosa Chemicals & Fibre publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Formosa Chemicals & Fibre distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Formosa Chemicals & Fibre are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Formosa Chemicals & Fibre sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Formosa Chemicals & Fibre distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Formosa Chemicals & Fibre declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Formosa Chemicals & Fibre's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Formosa Chemicals & Fibre's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.