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Formosa Petrochemical Corporation, together with its subsidiaries, engages in the petrochemical and public utility businesses in Taiwan, Korea, the Philippines, Singapore, Malaysia, Mainland China, and internationally. The company produces and sells petroleum and petrochemical products; and water, electricity, and steam. Its products include gasoline, diesel, liquefied petroleum gas, jet fuel/kerosene, naphtha, petrochemical raw material, fuel oil/asphalt/sulphur, base oil, and lubricants. The company is also involved in the exploration and production of oil and gas; leasing of ships; and investing activities, as well as provision of transportation services. Formosa Petrochemical Corporation was incorporated in 1992 and is headquartered in Mailiao, Taiwan.

Formosa Petrochemical Dividend Announcement

Formosa Petrochemical announced a annually dividend of NT$2.00 per ordinary share which will be made payable on 2024-08-07. Ex dividend date: 2024-07-09
Formosa Petrochemical annual dividend for 2024 was NT$2.00
Formosa Petrochemical annual dividend for 2023 was NT$1.10
Formosa Petrochemical's trailing twelve-month (TTM) dividend yield is 4.55%
Formosa Petrochemical's payout ratio for the trailing twelve months (TTM) is 310.75%
Formosa Petrochemical's dividend growth over the last five years (2018-2023) was -29.46% year
Formosa Petrochemical's dividend growth over the last ten years (2013-2023) was 15.52% year

Formosa Petrochemical Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-07-09NT$2.00annually2024-08-07
2023-06-13NT$1.10annually2023-07-12
2022-06-21NT$3.80annually2022-07-22
2021-07-23NT$0.59annually2021-08-20
2020-06-17NT$2.90annually2020-07-22
2019-06-20NT$4.80annually2019-07-25
2018-07-04NT$6.30annually2018-07-25
2017-06-28NT$6.00annually2017-07-18
2016-07-04NT$4.00annually
2015-07-02NT$0.85annually
2014-07-01NT$2.50annually
2013-07-02NT$0.26annually

Formosa Petrochemical Dividend per year

Formosa Petrochemical Dividend growth

Formosa Petrochemical Dividend Yield

Formosa Petrochemical current trailing twelve-month (TTM) dividend yield is 4.55%. Interested in purchasing Formosa Petrochemical stock? Use our calculator to estimate your expected dividend yield:

Formosa Petrochemical Financial Ratios

P/E ratio68.26
PEG ratio0.35
P/B ratio1.35
ROE1.90%
Payout ratio310.75%
Current ratio4.73
Quick ratio2.72
Cash Ratio0.19

Formosa Petrochemical Dividend FAQ

How much is the next Formosa Petrochemical dividend?
Formosa Petrochemical'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 Petrochemical dividend. The next Formosa Petrochemical dividend will be released in June.
When is Formosa Petrochemical dividend paid?
Formosa Petrochemical 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 Petrochemical pay?
The specific amount of Formosa Petrochemical 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 Petrochemical's dividend history.
Does Formosa Petrochemical stock pay dividends?
Yes, Formosa Petrochemical 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 Petrochemical's dividend history.
How much dividend does Formosa Petrochemical pay?
Formosa Petrochemical paid NT$2.0 in 2024, NT$1.1 in 2023, NT$3.8 in 2022, NT$0.59 in 2021, and NT$2.9 in 2020.
How often does Formosa Petrochemical pay dividends?
Formosa Petrochemical 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 Petrochemical's dividend yield?
The current dividend yield for Formosa Petrochemical is 4.55%. 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 Petrochemical's exact dividend yield.
When does Formosa Petrochemical go ex dividend?
Formosa Petrochemical's ex-dividend date for the latest dividend was on 2024-07-09. Formosa Petrochemical 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 Petrochemical dividend paid?
Formosa Petrochemical pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Formosa Petrochemical 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 Petrochemical 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 Petrochemical dividend per share?
Formosa Petrochemical paid NT$2.0 per share in 2024 and NT$1.1 per share in 2023. The amount of dividend per share that Formosa Petrochemical 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 Petrochemical 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 Petrochemical 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 Petrochemical a dividend stock?
Yes, Formosa Petrochemical is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Formosa Petrochemical a good dividend stock?
Whether Formosa Petrochemical 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 Petrochemical has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Formosa Petrochemical 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 Petrochemical pay dividends monthly?
Formosa Petrochemical typically pays dividends on a annually basis.
Does Formosa Petrochemical pay dividends quarterly?
Formosa Petrochemical currently pays dividends on a annually basis.
Has Formosa Petrochemical ever paid a dividend?
Yes, Formosa Petrochemical has a history of paying dividends to its shareholders. Formosa Petrochemical is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Formosa Petrochemical dividend stocks?
To buy Formosa Petrochemical 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 Petrochemical 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 Petrochemical pay dividends 2024?
Formosa Petrochemical pays dividends on a annually basis. 2024 dividend payments are in 2024-08-07. 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 Petrochemical increase its dividend in 2024?
Decisions regarding Formosa Petrochemical 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 Petrochemical dividend overview you can look into the above table of dividend history.
How Formosa Petrochemical dividend works?
The Formosa Petrochemical 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 Petrochemical's dividend process works:

1. Determination of Dividend: Formosa Petrochemical'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 Petrochemical 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 Petrochemical 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 Petrochemical 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 Petrochemical dividends paid?
Formosa Petrochemical dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Formosa Petrochemical 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 Petrochemical 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 Petrochemical 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 Petrochemical pay dividends?
Formosa Petrochemical 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 Petrochemical pay dividends?
The general pattern is that Formosa Petrochemical 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 Petrochemical dividend safe?
The safety of Formosa Petrochemical'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 Petrochemical'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 Petrochemical'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.