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Formosa Plastics (TPE:1301) Forward Dividend Yield % : 6.15% (As of May. 07, 2024)


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What is Formosa Plastics Forward Dividend Yield %?

As of today (2024-05-07), the Forward Annual Dividend Yield of Formosa Plastics is 6.15%.

As of today (2024-05-07), the Trailing Annual Dividend Yield of Formosa Plastics is 6.15%.

TPE:1301's Forward Dividend Yield % is ranked better than
91.59% of 1035 companies
in the Chemicals industry
Industry Median: 1.99 vs TPE:1301: 6.15

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

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.

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.

The growth rate is calculated with least square regression.

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


Competitive Comparison of Formosa Plastics's Forward Dividend Yield %

For the Specialty Chemicals subindustry, Formosa Plastics's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 Plastics's Forward Dividend Yield % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Formosa Plastics's Forward Dividend Yield % distribution charts can be found below:

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



Formosa Plastics Forward Dividend Yield % Calculation

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 4.2000002023-06-272023-06-282023-07-26Cash 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 Plastics's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=4.2/69.00
=6.09 %

Current Share Price is NT$69.00.
Formosa Plastics's Dividends per Share for the forward twelve months is calculated as NT$4.2 * 1 = NT$4.2.

Formosa Plastics's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=4.2/69.00
=6.09 %

Current Share Price is NT$69.00.
Formosa Plastics's Dividends per Share for the trailing twelve months (TTM) ended in Today is NT$4.2.

* 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  (TPE:1301) Forward 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 Plastics Forward Dividend Yield % Related Terms

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Formosa Plastics (TPE:1301) Business Description

Traded in Other Exchanges
N/A
Address
No. 100, Shuiguan Road, Renwu District, Kaohsiung, TWN, 814
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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