Formosa Plastics's Dividends per Share for the
three
months ended in Dec. 2023 was NT$0.00.
The historical rank and industry rank for Formosa Plastics's 3-Year Dividend Growth Rate or its related term are showing as below:
TPE:1301'
s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -33.8 Med: -0.9 Max: 49.7
Current: -1.5
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Formosa Plastics was 49.70% per year. The lowest was -33.80% per year. And the median was -0.90% per year.
TPE:1301's 3-Year Dividend Growth Rate is ranked worse than 71.57% of 700
companies
in the Chemicals industry
Industry Median: 9.1
vs TPE:1301: -1.50
During the past 12 months, Formosa Plastics's average Dividends Per Share Growth Rate was -48.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was -1.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was -3.10% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 13.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
Formosa Plastics's Dividend Payout Ratio for the
three
months ended in Dec. 2023 was 0.00. As of today, Formosa Plastics's Dividend Yield % is 6.03%.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Formosa Plastics Corp is 3.66, which seems too high.
For more information regarding to dividend, please check our Dividend Page.
Competitive Comparison
For the Specialty Chemicals subindustry, Formosa Plastics's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Formosa Plastics 3-Year Dividend Growth Rate Distribution
For the Chemicals industry and Basic Materials sector, Formosa Plastics's 3-Year Dividend Growth Rate distribution charts can be found below:
* The bar in red indicates where Formosa Plastics's 3-Year Dividend Growth Rate falls into.
This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
During the past 13 years, the highest Dividend Payout Ratio of Formosa Plastics was 3.66. The lowest was 0.21. And the median was 0.70.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Formosa Plastics Corp is 3.66, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
Formosa Plastics Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
TWD 4.200
2023-06-27
2023-06-28
2023-07-26
Cash Dividend
annually
TWD:TWD 1.000000
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
Formosa Plastics's Dividend Yield (%) for Today is calculated as
Current Share Price is NT$69.60.
Formosa Plastics's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$4.2.
During the past 13 years, the highest Dividend Yield of Formosa Plastics was 12.62%. The lowest was 1.50%. And the median was 4.43%.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Formosa Plastics 3-Year Dividend Growth Rate Related Terms>
Formosa Plastics Corp is a holding company that, through its subsidiaries, manufactures and sells plastic-based products, chemical fibers, and petrochemicals. The company operates in six reportable segments: Plastics, Polyolefins, Polypropylene, Tairylan, Chemistry, and Others. The company's products run the gambit of major petrochemicals and plastics. These are used in daily necessities, outdoor sports, mechanical industry, building material coating, and other applications. The company operates primarily in Asia, including Taiwan, mainland China, among others.
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