Formosan Union Chemical Corp. produces and sells chemical products in Taiwan. The company offers alkyl benzene, which is used as a raw material for detergents; nonyl phenol that is used as a basic raw material for surfactants rubbers and plastic anti-oxidant agents, etc., as well as specialty chemicals; and hydrogenated hydrocarbon resin, which is used as a raw material for the production of ethylene-vinyl acetate polymer EVA and thermal plastic rubber TPR series hot melt adhesives. It also provides FuSyn-22, a synthetic alkylate that is used as a primary base oil or blend stock for various synthetic automotive and industrial applications. In addition, the company manufacturing, rework, and buying/selling of hydrocarbon resin, polyester polyol, melamine resin, resin clay, urea resin, alkyd resin, acetate resin, butyric acid resin, aromatics solvent oil, alkyl benzene, and sulfonic acid; manufacturing and wholesale of petrochemical raw materials, synthetic resin, rubber and plastic, and other chemicals; manufactures sugar; manufactures and sells pesticides; and manufactures batteries and electronic components, as well as power generation, transmission, and distributing machines. Further, it engages in the selling/buying of electronic materials; thermal energy supply; wholesale of cleaning products, and electrical appliances and machines; machinery and equipment installation; buying/selling of machinery and equipment; distribution of liquefied petroleum gas; and provision of petrochemical engineering planning and design, and cylinder maintenance and inspection. The company was founded in 1973 and is headquartered in Taipei, Taiwan.
Formosan Union Chemical Dividend Announcement
• Formosan Union Chemical announced a annually dividend of NT$0.60 per ordinary share which will be made payable on 2024-09-27. Ex dividend date: 2024-08-27
• Formosan Union Chemical annual dividend for 2024 was NT$0.60
• Formosan Union Chemical annual dividend for 2023 was NT$1.80
• Formosan Union Chemical's trailing twelve-month (TTM) dividend yield is 2.77%
• Formosan Union Chemical's dividend growth over the last five years (2018-2023) was 2.71% year
• Formosan Union Chemical's dividend growth over the last ten years (2013-2023) was 19.45% year
Formosan Union Chemical Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-27 | NT$0.60 | annually | 2024-09-27 |
2023-08-24 | NT$1.80 | annually | 2023-09-28 |
2022-08-24 | NT$1.70 | annually | 2022-09-28 |
2021-08-25 | NT$1.20 | annually | 2021-09-28 |
2020-08-25 | NT$0.50 | annually | 2020-09-25 |
2019-11-14 | NT$0.50 | annually | 2019-11-25 |
2019-08-23 | NT$0.52 | annually | 2019-09-27 |
2018-08-23 | NT$1.57 | annually | 2018-09-27 |
2017-08-24 | NT$1.58 | annually | 2017-10-31 |
2016-08-25 | NT$1.20 | annually | |
2015-08-25 | NT$0.61 | annually | |
2014-08-25 | NT$0.61 | annually | |
2013-08-23 | NT$0.30 | annually |
Formosan Union Chemical Dividend per year
Formosan Union Chemical Dividend growth
Formosan Union Chemical Dividend Yield
Formosan Union Chemical current trailing twelve-month (TTM) dividend yield is 2.77%. Interested in purchasing Formosan Union Chemical stock? Use our calculator to estimate your expected dividend yield:
Formosan Union Chemical Financial Ratios
Formosan Union Chemical Dividend FAQ
Other factors to consider when evaluating Formosan Union Chemical 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: Formosan Union Chemical'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 Union Chemical 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 Union Chemical 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 Union Chemical 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 Union Chemical 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 Union Chemical 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 Union Chemical 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 Union Chemical'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 Union Chemical'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.