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Formosa Petrochemical (TPE:6505) Dividend Yield %

: 1.51% (As of Today)
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As of today (2024-04-23), the Trailing Annual Dividend Yield of Formosa Petrochemical is 1.51%.

The historical rank and industry rank for Formosa Petrochemical's Dividend Yield % or its related term are showing as below:

TPE:6505' s Dividend Yield % Range Over the Past 10 Years
Min: 0.32   Med: 3.63   Max: 6.71
Current: 1.51

During the past 13 years, the highest Dividend Yield of Formosa Petrochemical was 6.71%. The lowest was 0.32%. And the median was 3.63%.

TPE:6505's Dividend Yield % is ranked worse than
83.77% of 493 companies
in the Oil & Gas industry
Industry Median: 4.05 vs TPE:6505: 1.51

Formosa Petrochemical's Dividend Payout Ratio for the three months ended in Dec. 2023 was 0.00.

During the past 13 years, the highest Dividend Payout Ratio of Formosa Petrochemical was 3.77. The lowest was 0.11. And the median was 0.86.

As of today (2024-04-23), the Forward Dividend Yield % of Formosa Petrochemical is 1.51%.

Formosa Petrochemical's Dividends per Share for the three months ended in Dec. 2023 was NT$0.00.

During the past 12 months, Formosa Petrochemical's average Dividends Per Share Growth Rate was -71.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -27.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was -27.00% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 6.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Formosa Petrochemical was 148.70% per year. The lowest was -59.10% per year. And the median was -13.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.


Formosa Petrochemical Dividend Yield % Historical Data

The historical data trend for Formosa Petrochemical's Dividend Yield % can be seen below:

* 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.

* Premium members only.

Formosa Petrochemical Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Dividend Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.92 2.91 0.62 4.77 1.36

Formosa Petrochemical Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Dividend Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.77 4.47 1.30 1.36 1.36

Competitive Comparison

For the Oil & Gas Refining & Marketing subindustry, Formosa Petrochemical's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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 Petrochemical Dividend Yield % Distribution

For the Oil & Gas industry and Energy sector, Formosa Petrochemical's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where Formosa Petrochemical's Dividend Yield % falls into.



Formosa Petrochemical Dividend Yield % Calculation

Dividend Yield measures how much a company pays out in dividends each year relative to its share price.

Formosa Petrochemical Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
TWD 1.1002023-06-132023-06-142023-07-12Cash DividendannuallyTWD: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 Petrochemical's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.1/72.70
=1.51 %

Current Share Price is NT$72.70.
Formosa Petrochemical's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$1.1.

Formosa Petrochemical's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.1/72.70
=1.51 %

Current Share Price is NT$72.70.
Formosa Petrochemical's Dividends per Share for the forward twelve months is calculated as NT$1.1 * 1 = NT$1.1.

* 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 Petrochemical  (TPE:6505) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Formosa Petrochemical Dividend Yield % Related Terms

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Formosa Petrochemical (TPE:6505) Business Description

Traded in Other Exchanges
N/A
Address
No. 1-1, Formosa Plastics Industrial Park, Zhongxing Village, Mailiao Township, Yunlin County, Taipei, TWN, 638
Formosa Petrochemical Corp engages in refining crude oil, selling refined petroleum products, and producing and selling olefins. The firm operates in two segments. The Petrochemical segment that derives majority revenue engages in producing and selling petroleum, and petrochemical products. The Public utility segment engages in producing and selling water, electricity, and steam. Its product offerings comprise gasoline, jet fuel, kerosene, fuel oil, asphalt, sulfur, lubricant, diesel, naphtha, and liquid petroleum gas.

Formosa Petrochemical (TPE:6505) Headlines

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