If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of Formosan Union Chemical Corp is 1.67, which seems too high.
During the past 13 years, the highest Dividend Payout Ratio of Formosan Union Chemical was 2.07. The lowest was 0.43. And the median was 0.97.
During the past 12 months, Formosan Union Chemical's average Dividends Per Share Growth Rate was 5.90% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 53.30% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 15.60% per year.
During the past 10 years, the average Dividends Per Share Growth Rate was 11.70% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Formosan Union Chemical was 57.90% per year. The lowest was -31.90% per year. And the median was 24.70% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Formosan Union Chemical Dividend Yield % Historical Data
* 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.
Competitive Comparison of Formosan Union Chemical's Dividend Yield %
For the Chemicals subindustry, Formosan Union Chemical'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.
Formosan Union Chemical's Dividend Yield % Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Formosan Union Chemical's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Formosan Union Chemical's Dividend Yield % falls into.
Formosan Union Chemical Dividend Yield % Calculation
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Formosan Union Chemical Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
TWD 1.800000
2023-08-24
2023-08-25
2023-09-28
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.
* 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.
Formosan Union Chemical (TPE:1709) 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.
Formosan Union Chemical Dividend Yield % Related Terms
Thank you for viewing the detailed overview of Formosan Union Chemical's Dividend Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.
Formosan Union Chemical (TPE:1709) Business Description
Formosan Union Chemical Corp is a Taiwan-based company principally engaged in the manufacturing, processing, and trading of chemical products. Its key products are alkyl benzene, nonyl phenol, and hydrogenated hydrocarbon resin and its derivatives. The products are mainly used as raw materials for detergents, surfactants rubbers, and plastic anti-oxidant agents, among others.
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