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Don't Race Out To Buy Ames National Corporation (NASDAQ:ATLO) Just Because It's Going Ex-Dividend

Don't Race Out To Buy Ames National Corporation (NASDAQ:ATLO) Just Because It's Going Ex-Dividend

不要仅仅因为要除息就竞相收购艾姆斯国家公司(纳斯达克股票代码:ATLO)
Simply Wall St ·  04/26 20:11

Readers hoping to buy Ames National Corporation (NASDAQ:ATLO) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled to receive a dividend. 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. Accordingly, Ames National investors that purchase the stock on or after the 30th of April will not receive the dividend, which will be paid on the 15th of May.

希望收购艾姆斯国家公司(纳斯达克股票代码:ATLO)进行分红的读者需要尽快采取行动,因为该股即将进行除息交易。除息日是公司记录日前的一个工作日,即公司确定哪些股东有权获得股息的日期。除息日之所以如此,是因为无论何时买入或卖出股票,交易都需要至少两个工作日才能结算。因此,在4月30日当天或之后购买股票的Ames National投资者将不会获得股息,股息将在5月15日支付。

The company's next dividend payment will be US$0.27 per share, and in the last 12 months, the company paid a total of US$1.08 per share. Calculating the last year's worth of payments shows that Ames National has a trailing yield of 5.6% on the current share price of US$19.32. If you buy this business for its dividend, you should have an idea of whether Ames National's dividend is reliable and sustainable. So we need to investigate whether Ames National can afford its dividend, and if the dividend could grow.

该公司的下一次股息将为每股0.27美元,在过去的12个月中,该公司共支付了每股1.08美元。计算去年的付款额显示,Ames National的尾随收益率为5.6%,而目前的股价为19.32美元。如果你收购这家企业是为了分红,你应该知道Ames National的股息是否可靠和可持续。因此,我们需要调查Ames National能否负担得起股息,以及股息是否可以增长。

Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. Last year, Ames National paid out 98% of its income as dividends, which is above a level that we're comfortable with, especially if the company needs to reinvest in its business.

股息通常从公司利润中支付,因此,如果公司支付的股息超过其收入,则其股息被削减的风险通常更大。去年,Ames National将其收入的98%作为股息支付,这高于我们认为的水平,尤其是在公司需要对其业务进行再投资的情况下。

Generally, the higher a company's payout ratio, the more the dividend is at risk of being reduced.

通常,公司的派息率越高,股息减少的风险就越大。

Click here to see how much of its profit Ames National paid out over the last 12 months.

点击此处查看Ames National在过去12个月中支付了多少利润。

historic-dividend
NasdaqCM:ATLO Historic Dividend April 26th 2024
纳斯达克股票代码:ATLO 历史股息 2024 年 4 月 26 日

Have Earnings And Dividends Been Growing?

收益和股息一直在增长吗?

Companies with falling earnings are riskier for dividend shareholders. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. Ames National's earnings per share have fallen at approximately 9.6% a year over the previous five years. Such a sharp decline casts doubt on the future sustainability of the dividend.

收益下降的公司对股息股东来说风险更大。如果收益下降而公司被迫削减股息,投资者可能会看到他们的投资价值化为乌有。在过去五年中,艾姆斯国民的每股收益每年下降约9.6%。如此急剧的下降使人们对股息的未来可持续性产生了怀疑。

Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. In the past 10 years, Ames National has increased its dividend at approximately 5.4% a year on average. The only way to pay higher dividends when earnings are shrinking is either to pay out a larger percentage of profits, spend cash from the balance sheet, or borrow the money. Ames National is already paying out 98% of its profits, and with shrinking earnings we think it's unlikely that this dividend will grow quickly in the future.

衡量公司股息前景的另一种关键方法是衡量其历史股息增长率。在过去的10年中,Ames National的股息平均每年增加约5.4%。收益萎缩时支付更高股息的唯一方法是支付更大比例的利润,从资产负债表中支出现金,或者借钱。Ames National已经支付了98%的利润,随着收益的减少,我们认为该股息未来不太可能快速增长。

The Bottom Line

底线

Is Ames National worth buying for its dividend? Not only are earnings per share shrinking, but Ames National is paying out a disconcertingly high percentage of its profit as dividends. Generally we think dividend investors should avoid businesses in this situation, as high payout ratios and declining earnings can lead to the dividend being cut. Ames National doesn't appear to have a lot going for it, and we're not inclined to take a risk on owning it for the dividend.

Ames National 的股息值得买入吗?不仅每股收益萎缩,而且Ames National将其利润的百分比作为股息支付,令人不安。总的来说,我们认为股息投资者在这种情况下应该避开企业,因为高派息率和收益下降可能导致股息被削减。Ames National似乎没有太多用处,我们也不愿意冒险持有它来分红。

Although, if you're still interested in Ames National and want to know more, you'll find it very useful to know what risks this stock faces. To that end, you should learn about the 3 warning signs we've spotted with Ames National (including 1 which is a bit concerning).

但是,如果你仍然对Ames National感兴趣并想了解更多,你会发现了解这只股票面临的风险非常有用。为此,你应该了解我们在Ames National上发现的3个警告信号(包括一个有点令人担忧的警告)。

If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks.

如果您在市场上寻找强劲的股息支付者,我们建议您查看我们精选的顶级股息股票。

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.

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Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。

声明:本内容仅用作提供资讯及教育之目的,不构成对任何特定投资或投资策略的推荐或认可。 更多信息
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