Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Tse Sui Luen Jewellery (International) Limited (HKG:417) is about to go ex-dividend in just 3 days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. This means that investors who purchase Tse Sui Luen Jewellery (International)'s shares on or after the 15th of September will not receive the dividend, which will be paid on the 6th of October.
The company's upcoming dividend is HK$0.02 a share, following on from the last 12 months, when the company distributed a total of HK$0.02 per share to shareholders. Last year's total dividend payments show that Tse Sui Luen Jewellery (International) has a trailing yield of 1.7% on the current share price of HK$1.15. If you buy this business for its dividend, you should have an idea of whether Tse Sui Luen Jewellery (International)'s dividend is reliable and sustainable. So we need to check whether the dividend payments are covered, and if earnings are growing.
See our latest analysis for Tse Sui Luen Jewellery (International)
Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Tse Sui Luen Jewellery (International) paid out a comfortable 32% of its profit last year.
Click here to see how much of its profit Tse Sui Luen Jewellery (International) paid out over the last 12 months.
![historic-dividend](https://usnewsfile.futunn.com/pic/0-14586219-0-18c99db74ec610118bf2d43876b5068c.png/big)
SEHK:417 Historic Dividend September 11th 2022
Have Earnings And Dividends Been Growing?
Companies with falling earnings are riskier for dividend shareholders. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. Tse Sui Luen Jewellery (International)'s earnings per share have fallen at approximately 8.0% a year over the previous five years. Such a sharp decline casts doubt on the future sustainability of the dividend.
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Tse Sui Luen Jewellery (International)'s dividend payments per share have declined at 17% per year on average over the past 10 years, which is uninspiring. It's never nice to see earnings and dividends falling, but at least management has cut the dividend rather than potentially risk the company's health in an attempt to maintain it.
To Sum It Up
Is Tse Sui Luen Jewellery (International) an attractive dividend stock, or better left on the shelf? Earnings per share have shrunk noticeably in recent years, although we like that the company has a low payout ratio. This could suggest a cut to the dividend may not be a major risk in the near future. We think this is a pretty attractive combination, and would be interested in investigating Tse Sui Luen Jewellery (International) more closely.
While it's tempting to invest in Tse Sui Luen Jewellery (International) for the dividends alone, you should always be mindful of the risks involved. To help with this, we've discovered 3 warning signs for Tse Sui Luen Jewellery (International) that you should be aware of before investing in their shares.
Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
一些投资者依靠股息来增加他们的财富,如果你是股息侦探中的一员,你可能会感兴趣地知道谢瑞联珠宝(国际)有限公司(HKG:417)即将在3天内除息。除股息日期是记录日期之前的一个工作日,这是股东在公司账面上有资格获得股息支付的截止日期。除息日期是重要的,因为每当买卖一只股票时,交易至少需要两个工作日才能结算。这意味着,在9月15日或之后购买谢穗联珠宝(国际)股份的投资者将不会获得股息,股息将于10月6日支付。
该公司即将派发的股息为每股0.02港元,此前该公司在过去12个月向股东共派发了每股0.02港元的股息。去年的派息总额显示,谢瑞联珠宝(国际)按目前股价1.15港元计算,往绩收益率为1.7%。如果你收购这项业务是为了分红,你应该知道谢穗连珠宝(国际)的分红是否可靠和可持续。因此,我们需要检查股息支付是否包括在内,以及收益是否在增长。
查看我们对谢瑞莲珠宝(国际)的最新分析
股息通常从公司收入中支付,因此,如果一家公司支付的股息超过了它的收入,它的股息通常被削减的风险更高。谢瑞莲珠宝(国际)去年支付了令人满意的32%的利润。
点击此处查看谢瑞联珠宝(国际)在过去12个月中支付了多少利润。
![historic-dividend](https://usnewsfile.futunn.com/pic/0-14586219-0-18c99db74ec610118bf2d43876b5068c.png/big)
联交所:417历史性红利2022年9月11日
盈利和股息一直在增长吗?
盈利下降的公司对股息股东来说风险更大。如果业务进入低迷,股息被削减,该公司的价值可能会急剧缩水。谢瑞莲珠宝(国际)的每股盈利在过去五年间每年下跌约8.0%,如此大幅的跌幅令人怀疑未来派息的可持续性。
衡量一家公司股息前景的另一个关键方法是衡量其历史股息增长率。谢瑞莲珠宝(国际)的每股股息支出在过去10年里以平均每年17%的速度下降,这并不鼓舞人心。看到收益和股息下降从来都不是好事,但至少管理层削减了股息,而不是为了维持股息而冒着公司健康的风险。
总结一下
谢瑞莲珠宝(国际)是一只有吸引力的股息股票,还是更好地被搁置?近年来,每股收益明显缩水,尽管我们喜欢该公司的低派息率。这可能表明,在不久的将来,削减股息可能不会成为主要风险。我们认为这是一个相当有吸引力的组合,并有兴趣更密切地调查谢瑞莲珠宝(国际)。
虽然投资谢瑞莲珠宝(国际)只是为了分红,但你应该时刻注意其中的风险。为了帮助解决这个问题,我们发现3谢瑞莲珠宝(国际)警示标志在投资他们的股票之前,你应该意识到这一点。
一般来说,我们不会建议只购买你看到的第一批股息股票。这是这是一份精心挑选的股息支付强劲的有趣股票的名单。
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本文由Simply Wall St.撰写,具有概括性。我们仅使用不偏不倚的方法提供基于历史数据和分析师预测的评论,我们的文章并不打算作为财务建议。它不构成买卖任何股票的建议,也没有考虑你的目标或你的财务状况。我们的目标是为您带来由基本面数据驱动的长期重点分析。请注意,我们的分析可能不会将最新的对价格敏感的公司公告或定性材料考虑在内。Simply Wall St.对上述任何一只股票都没有持仓。