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 2.89%
• Formosa Chemicals & Fibre's payout ratio for the trailing twelve months (TTM) is 50.85%
• 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 2.89%. Interested in purchasing Formosa Chemicals & Fibre stock? Use our calculator to estimate your expected dividend yield:
Formosa Chemicals & Fibre Financial Ratios
P/E ratio23.06
PEG ratio5.73
P/B ratio0.78
ROE3.31%
Payout ratio50.85%
Current ratio1.61
Quick ratio1.25
Cash Ratio0.13
Formosa Chemicals & Fibre Dividend FAQ
How much is the next Formosa Chemicals & Fibre dividend?
Formosa Chemicals & Fibre's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Formosa Chemicals & Fibre dividend. The next Formosa Chemicals & Fibre dividend will be released in June.
When is Formosa Chemicals & Fibre dividend paid?
Formosa Chemicals & Fibre pays dividends on a annually basis. The specific dates may vary each year but are generally around June. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Formosa Chemicals & Fibre pay?
The specific amount of Formosa Chemicals & Fibre dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Formosa Chemicals & Fibre's dividend history.
Does Formosa Chemicals & Fibre stock pay dividends?
Yes, Formosa Chemicals & Fibre does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Formosa Chemicals & Fibre's dividend history.
How much dividend does Formosa Chemicals & Fibre pay?
Formosa Chemicals & Fibre paid NT$1.25 in 2024, NT$0.95 in 2023, NT$4.8 in 2022, NT$2.5 in 2021, and NT$3.8 in 2020.
How often does Formosa Chemicals & Fibre pay dividends?
Formosa Chemicals & Fibre typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around June.
What is Formosa Chemicals & Fibre's dividend yield?
The current dividend yield for Formosa Chemicals & Fibre is 2.89%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Formosa Chemicals & Fibre's exact dividend yield.
When does Formosa Chemicals & Fibre go ex dividend?
Formosa Chemicals & Fibre's ex-dividend date for the latest dividend was on 2024-07-10. Formosa Chemicals & Fibre typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Formosa Chemicals & Fibre dividend paid?
Formosa Chemicals & Fibre pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Formosa Chemicals & Fibre increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Formosa Chemicals & Fibre will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Formosa Chemicals & Fibre dividend per share?
Formosa Chemicals & Fibre paid NT$1.25 per share in 2024 and NT$0.95 per share in 2023. The amount of dividend per share that Formosa Chemicals & Fibre pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Formosa Chemicals & Fibre a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Formosa Chemicals & Fibre a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Formosa Chemicals & Fibre a dividend stock?
Yes, Formosa Chemicals & Fibre is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Formosa Chemicals & Fibre a good dividend stock?
Whether Formosa Chemicals & Fibre is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Formosa Chemicals & Fibre has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does Formosa Chemicals & Fibre pay dividends monthly?
Formosa Chemicals & Fibre typically pays dividends on a annually basis.
Does Formosa Chemicals & Fibre pay dividends quarterly?
Formosa Chemicals & Fibre currently pays dividends on a annually basis.
Has Formosa Chemicals & Fibre ever paid a dividend?
Yes, Formosa Chemicals & Fibre has a history of paying dividends to its shareholders. Formosa Chemicals & Fibre is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Formosa Chemicals & Fibre dividend stocks?
To buy Formosa Chemicals & Fibre you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Formosa Chemicals & Fibre stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Formosa Chemicals & Fibre stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Formosa Chemicals & Fibre pay dividends 2024?
Formosa Chemicals & Fibre pays dividends on a annually basis. 2024 dividend payments are in 2024-08-09. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Formosa Chemicals & Fibre increase its dividend in 2024?
Decisions regarding Formosa Chemicals & Fibre dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Formosa Chemicals & Fibre dividend overview you can look into the above table of dividend history.
How Formosa Chemicals & Fibre dividend works?
The Formosa Chemicals & Fibre dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Formosa Chemicals & Fibre's dividend process works:
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. 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.
How are Formosa Chemicals & Fibre dividends paid?
Formosa Chemicals & Fibre dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does Formosa Chemicals & Fibre pay dividends?
Formosa Chemicals & Fibre typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Formosa Chemicals & Fibre pay dividends?
The general pattern is that Formosa Chemicals & Fibre pays dividends around June. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Formosa Chemicals & Fibre dividend safe?
The safety of Formosa Chemicals & Fibre's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
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.
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.