Formosan Rubber Group Inc., together with its subsidiaries, produces and markets rubber and plastic sheets, plastic foam and PVC resin sheets, and related materials. The company offers rubber, silicone rubber, laminated, PU lamination, PU coating, green plastic, and PVC products. Its products are used in various applications, including functional garments and fabrics, healthcare, industrial and safety products, inflatable products, and optical electronic materials, as well as for use in shoes, and bags and luggage products. The company is also involved in the development of residential and commercial buildings for renting and selling; real estate investment and rental, as well as sale of premises; and warehouse, logistics, and rental and leasing businesses. It has operations in Taiwan, rest of Asia, the United States, Canada, and internationally. Formosan Rubber Group Inc. was founded in 1952 and is headquartered in Taipei, Taiwan.
Formosan Rubber Dividend Announcement
• Formosan Rubber announced a semi annually dividend of NT$1.30 per ordinary share which will be made payable on 2024-07-23. Ex dividend date: 2024-07-01
• Formosan Rubber annual dividend for 2024 was NT$1.30
• Formosan Rubber annual dividend for 2023 was NT$2.20
• Formosan Rubber's trailing twelve-month (TTM) dividend yield is 4.92%
• Formosan Rubber's dividend growth over the last five years (2018-2023) was 27.62% year
• Formosan Rubber's dividend growth over the last ten years (2013-2023) was 0.96% year
Formosan Rubber Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-07-01 | NT$1.30 | semi annually | 2024-07-23 |
2023-09-07 | NT$1.00 | semi annually | 2023-09-18 |
2023-07-05 | NT$1.20 | semi annually | 2023-07-27 |
2022-07-01 | NT$1.20 | semi annually | 2022-07-28 |
2021-08-24 | NT$1.50 | semi annually | 2021-09-17 |
2020-07-03 | NT$0.82 | semi annually | 2020-07-30 |
2019-06-24 | NT$0.68 | semi annually | 2019-07-18 |
2018-06-27 | NT$0.65 | semi annually | 2018-07-18 |
2017-06-26 | NT$0.55 | semi annually | 2017-07-18 |
2016-06-29 | NT$0.96 | semi annually | |
2015-07-02 | NT$3.11 | semi annually | |
2014-06-26 | NT$2.22 | semi annually | |
2013-07-05 | NT$2.00 | semi annually |
Formosan Rubber Dividend per year
Formosan Rubber Dividend growth
Formosan Rubber Dividend Yield
Formosan Rubber current trailing twelve-month (TTM) dividend yield is 4.92%. Interested in purchasing Formosan Rubber stock? Use our calculator to estimate your expected dividend yield:
Formosan Rubber Financial Ratios
Formosan Rubber Dividend FAQ
Other factors to consider when evaluating Formosan Rubber 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.
Place an order: Use the brokerage's trading platform to place an order to buy Formosan Rubber 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.
1. Determination of Dividend: Formosan Rubber'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, Formosan Rubber 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, Formosan Rubber 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 Formosan Rubber 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: Formosan Rubber 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, Formosan Rubber distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Formosan Rubber 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 Formosan Rubber'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 Formosan Rubber'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.