Formosa Plastics Corporation manufactures and sells plastic raw materials, chemical fibers, and petrochemical products in Taiwan, Mainland China, and internationally. Its plastic products include PVC, high-density polyethylene, linear low-density polyethylene, ethylene vinyl acetate copolymer, polyethylene wax, polypropylene, polyacetal, and compound rubber particles. The company also provides chemicals, such as liquid caustic soda, solid alkali, liquid chlorine, vinyl chloride, dichloroethane, acrylonitrile, acetonitrile, methyl methacrylate, methacrylate, epichlorohydrin, methyl tertiary butyl ether, acrylate, superabsorbent resin, and n-butanol. In addition, it offers carbon fibers; process computer DCS systems, warehouse logistics control systems, real-time production management systems, safety control systems, and laboratories information management systems; and other products, including dye-sensitized batteries, processing aids, impact modifiers, haibo, chlorinated solvents, purified hydrogen, lithium-ion battery electrolytes, lime, calcium carbonate powder, and hydrochloric acid, as well as antibacterial products. The company provides its products for use in various applications, such as daily necessities, outdoor sports, mechanical engineering, building materials coatings, 3C home appliances, civil and agricultural livestock, and other applications. Formosa Plastics Corporation was incorporated in 1954 and is headquartered in Kaohsiung, Taiwan.
Formosa Plastics Dividend Announcement
• Formosa Plastics announced a annually dividend of NT$1.00 per ordinary share which will be made payable on 2024-08-21. Ex dividend date: 2024-07-23
• Formosa Plastics annual dividend for 2024 was NT$1.00
• Formosa Plastics annual dividend for 2023 was NT$4.20
• Formosa Plastics's trailing twelve-month (TTM) dividend yield is 2.14%
• Formosa Plastics's payout ratio for the trailing twelve months (TTM) is 499.83%
• Formosa Plastics's dividend growth over the last five years (2018-2023) was -5.92% year
• Formosa Plastics's dividend growth over the last ten years (2013-2023) was 13.35% year
Formosa Plastics Dividend History
| Ex-Div date | Dividend amount | Dividend type | Pay date |
|---|---|---|---|
| 2024-07-23 | NT$1.00 | annually | 2024-08-21 |
| 2023-06-27 | NT$4.20 | annually | 2023-07-26 |
| 2022-07-05 | NT$8.20 | annually | 2022-08-05 |
| 2021-07-30 | NT$2.40 | annually | 2021-08-27 |
| 2020-07-02 | NT$4.40 | annually | 2020-07-31 |
| 2019-07-02 | NT$5.80 | annually | 2019-08-02 |
| 2018-07-11 | NT$5.70 | annually | 2018-08-08 |
| 2017-07-12 | NT$4.60 | annually | 2017-08-09 |
| 2016-07-13 | NT$3.60 | annually | |
| 2015-07-15 | NT$1.70 | annually | |
| 2014-07-03 | NT$1.90 | annually | |
| 2013-07-17 | NT$1.20 | annually |
Formosa Plastics Dividend per year
Formosa Plastics Dividend growth
Formosa Plastics Dividend Yield
Formosa Plastics current trailing twelve-month (TTM) dividend yield is 2.14%. Interested in purchasing Formosa Plastics stock? Use our calculator to estimate your expected dividend yield:
Formosa Plastics Financial Ratios
P/E ratio55.57
PEG ratio3.65
P/B ratio0.87
ROE1.56%
Payout ratio499.83%
Current ratio1.39
Quick ratio1.17
Cash Ratio0.06
Formosa Plastics Dividend FAQ
How much is the next Formosa Plastics dividend?
Formosa Plastics'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 Plastics dividend. The next Formosa Plastics dividend will be released in June.
When is Formosa Plastics dividend paid?
Formosa Plastics 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 Plastics pay?
The specific amount of Formosa Plastics 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 Plastics's dividend history.
Does Formosa Plastics stock pay dividends?
Yes, Formosa Plastics 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 Plastics's dividend history.
How much dividend does Formosa Plastics pay?
Formosa Plastics paid NT$1.0 in 2024, NT$4.2 in 2023, NT$8.2 in 2022, NT$2.4 in 2021, and NT$4.4 in 2020.
How often does Formosa Plastics pay dividends?
Formosa Plastics 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 Plastics's dividend yield?
The current dividend yield for Formosa Plastics is 2.14%. 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 Plastics's exact dividend yield.
When does Formosa Plastics go ex dividend?
Formosa Plastics's ex-dividend date for the latest dividend was on 2024-07-23. Formosa Plastics 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 Plastics dividend paid?
Formosa Plastics pays dividends on a annually basis, typically around June, but the exact dates can vary each year.
Will Formosa Plastics 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 Plastics 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 Plastics dividend per share?
Formosa Plastics paid NT$1.0 per share in 2024 and NT$4.2 per share in 2023. The amount of dividend per share that Formosa Plastics 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 Plastics 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 Plastics 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 Plastics a dividend stock?
Yes, Formosa Plastics is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Formosa Plastics a good dividend stock?
Whether Formosa Plastics 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 Plastics has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating Formosa Plastics 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 Plastics 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 Plastics pay dividends monthly?
Formosa Plastics typically pays dividends on a annually basis.
Does Formosa Plastics pay dividends quarterly?
Formosa Plastics currently pays dividends on a annually basis.
Has Formosa Plastics ever paid a dividend?
Yes, Formosa Plastics has a history of paying dividends to its shareholders. Formosa Plastics is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Formosa Plastics dividend stocks?
To buy Formosa Plastics 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 Plastics 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 Plastics 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 Plastics pay dividends 2024?
Formosa Plastics pays dividends on a annually basis. 2024 dividend payments are in 2024-08-21. 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 Plastics increase its dividend in 2024?
Decisions regarding Formosa Plastics 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 Plastics dividend overview you can look into the above table of dividend history.
How Formosa Plastics dividend works?
The Formosa Plastics 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 Plastics's dividend process works:
1. Determination of Dividend: Formosa Plastics'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 Plastics 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 Plastics 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 Plastics 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 Plastics'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 Plastics 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 Plastics 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 Plastics 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 Plastics dividends paid?
Formosa Plastics dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: Formosa Plastics 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 Plastics 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 Plastics 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 Plastics 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 Plastics 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 Plastics 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 Plastics pay dividends?
Formosa Plastics 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 Plastics pay dividends?
The general pattern is that Formosa Plastics 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 Plastics dividend safe?
The safety of Formosa Plastics'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 Plastics'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 Plastics'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 Plastics'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 Plastics'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.