Should Income Investors Look At Changzhou Galaxy Century Microelectronics Co.,Ltd. (SHSE:688689) Before Its Ex-Dividend?
Should Income Investors Look At Changzhou Galaxy Century Microelectronics Co.,Ltd. (SHSE:688689) Before Its Ex-Dividend?
Changzhou Galaxy Century Microelectronics Co.,Ltd. (SHSE:688689) stock is about to trade ex-dividend in 3 days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. Accordingly, Changzhou Galaxy Century MicroelectronicsLtd investors that purchase the stock on or after the 27th of May will not receive the dividend, which will be paid on the 27th of May.
长州银河世纪微电子股份有限公司(SHSE:688689)股票将于3天后交易除权。一般来说,除权日是纪录日的前一个交易日,而纪录日是公司确定股东有资格获得分红的日期。除权日是一个很重要的日期,因为在该日期之后买入该股票的任何交易可能意味着迟迟未能在纪录日显示。因此,长州银河世纪微电子公司(Changzhou Galaxy Century MicroelectronicsLtd)的投资者如果在5月27日之后购买该股票,将无法获得将于5月27日支付的分红派息。
The company's next dividend payment will be CN¥0.2027 per share, and in the last 12 months, the company paid a total of CN¥0.20 per share. Based on the last year's worth of payments, Changzhou Galaxy Century MicroelectronicsLtd stock has a trailing yield of around 1.0% on the current share price of CN¥20.57. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. We need to see whether the dividend is covered by earnings and if it's growing.
该公司下一个股息支付将为每股CN¥0.2027,在过去的12个月中,该公司每股支付了总共CN¥0.20。基于过去一年的支付金额,长州银河世纪微电子公司的股票在当前股价CN¥20.57上的回报率约为1.0%。股息是许多股东的重要收入来源,但公司的业务状况对于维持这些股息至关重要。我们需要看看股息是否由收益覆盖,以及它是否在增长。
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. Changzhou Galaxy Century MicroelectronicsLtd paid out a comfortable 37% of its profit last year. A useful secondary check can be to evaluate whether Changzhou Galaxy Century MicroelectronicsLtd generated enough free cash flow to afford its dividend. It distributed 46% of its free cash flow as dividends, a comfortable payout level for most companies.
通常情况下,分红派息来自公司收入,因此,如果公司支付的超过所赚的,那么它的股息通常更容易被削减。长州银河世纪微电子有限公司去年支付的利润占了其利润的舒适37%。一个有用的第二项检查是评估长州银河世纪微电子公司是否产生足够的自由现金流来支付其股息。它将其自由现金流的46%作为股息分配,这是大多数公司的舒适分配级别。
It's encouraging to see that the dividend is covered by both profit and cash flow. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously.
看到股息既有盈利也有现金流的覆盖是令人鼓舞的。这通常表明股息是可持续的,只要收益没有急剧下降。
Click here to see how much of its profit Changzhou Galaxy Century MicroelectronicsLtd paid out over the last 12 months.
点击此处以查看长州银河世纪微电子股份有限公司过去12个月内支付的利润金额。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240524/0-fdc50b8c5c78db63951d6c280372878f-0-93c820b4dbe8eb6fac77e5beee1b56f6.png/big)
Have Earnings And Dividends Been Growing?
收益和股息一直在增长吗?
Companies that aren't growing their earnings can still be valuable, but it is even more important to assess the sustainability of the dividend if it looks like the company will struggle to grow. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. That explains why we're not overly excited about Changzhou Galaxy Century MicroelectronicsLtd's flat earnings over the past five years. Better than seeing them fall off a cliff, for sure, but the best dividend stocks grow their earnings meaningfully over the long run.
即使公司没有增长收益,它们仍可以有价值,但如果公司即将陷入困境,评估分红的可持续性则更为重要。如果收益下降,公司被迫削减股息,投资者可能会看到他们的投资价值烟消云散。这就是为什么我们对长州银河世纪微电子有限公司过去五年来的收益没有太多激情的原因。毕竟,比起坠崖,这还算好的。最好的股息股票在长期内有意义地增加其收益。
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Changzhou Galaxy Century MicroelectronicsLtd's dividend payments per share have declined at 7.2% per year on average over the past three years, which is uninspiring.
衡量公司股息前景的另一个关键方式是衡量其历史股息增长率。长州银河世纪微电子有限公司过去三年每股股息付款平均下降了7.2%,这是令人失望的。
Final Takeaway
最后的结论
Is Changzhou Galaxy Century MicroelectronicsLtd an attractive dividend stock, or better left on the shelf? Earnings per share have been flat, although at least the company is paying out a low and conservative percentage of both its earnings and cash flow. It's definitely not great to see earnings falling, but at least there may be some buffer before the dividend gets cut. Overall, it's not a bad combination, but we feel that there are likely more attractive dividend prospects out there.
长州银河世纪微电子股份有限公司是一只有吸引力的股息股票,还是最好留在架子上?每股收益虽然保持平稳,但公司支付的利润和现金流均为较低和保守的百分比。看到收益下降当然不是好事,但是股息被削减前可能有一些缓冲。总的来说,并不是一个坏组合,但我们认为可能有更具吸引力的股息前景。
In light of that, while Changzhou Galaxy Century MicroelectronicsLtd has an appealing dividend, it's worth knowing the risks involved with this stock. To that end, you should learn about the 3 warning signs we've spotted with Changzhou Galaxy Century MicroelectronicsLtd (including 1 which is significant).
因此,尽管长州银河世纪微电子股份有限公司的股息有吸引力,但了解与该股票相关的风险是值得的。为此,您应该了解我们发现的长州银河世纪微电子股份有限公司的3个警告信号(其中一个是显著的)。
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.
一般来说,我们不建议仅仅购买第一个股息股票。下面是一个经过策划的有趣的、股息表现良好的股票清单。
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