Zhejiang Zhongcheng Packing Material Co., Ltd. (SZSE:002522) Passed Our Checks, And It's About To Pay A CN¥0.035 Dividend
Zhejiang Zhongcheng Packing Material Co., Ltd. (SZSE:002522) Passed Our Checks, And It's About To Pay A CN¥0.035 Dividend
It looks like Zhejiang Zhongcheng Packing Material Co., Ltd. (SZSE:002522) is about to go ex-dividend in the next three days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the 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. Meaning, you will need to purchase Zhejiang Zhongcheng Packing Material's shares before the 30th of May to receive the dividend, which will be paid on the 30th of May.
现在看来,浙江众成包装材料股份有限公司(SZSE:002522)将在未来三天内红利除息。 红利除息日通常是设定在记录日之前的一个工作日,这是您必须作为股东在公司账簿上出现以便收到分红的截止日期。 红利除息日很重要,因为无论何时买入或卖出股票,交易需要至少两个工作日才能完成。 意味着您需要在5月30日之前购买浙江众成包装材料的股票,以便在5月30日支付分红。
The company's next dividend payment will be CN¥0.035 per share, on the back of last year when the company paid a total of CN¥0.035 to shareholders. Looking at the last 12 months of distributions, Zhejiang Zhongcheng Packing Material has a trailing yield of approximately 0.9% on its current stock price of CN¥3.90. If you buy this business for its dividend, you should have an idea of whether Zhejiang Zhongcheng Packing Material's dividend is reliable and sustainable. We need to see whether the dividend is covered by earnings and if it's growing.
该公司的下一次红利支付将为每股人民币0.035元,而去年该公司向股东总共支付了人民币0.035元。 查看过去12个月的分配情况,浙江众成包装材料的股票现价为人民币3.90元,具有约0.9%的滚动收益率。 如果您购买此业务以获取分红,则应了解浙江众成包装材料的分红是否可靠和可持续。 我们需要看到分红是否由收益覆盖,并且是否增长。
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. That's why it's good to see Zhejiang Zhongcheng Packing Material paying out a modest 35% of its earnings. Yet cash flows are even more important than profits for assessing a dividend, so we need to see if the company generated enough cash to pay its distribution. Over the last year it paid out 67% of its free cash flow as dividends, within the usual range for most companies.
通常情况下,分红是从公司利润中支付的,因此,如果公司支付超过所赚收益的总额,其股息往往面临更高的风险。 这就是为什么看到浙江众成包装材料支付低于其收入的适度35%的股息很好。 然而,现金流比盈利更重要,以评估股息,因此我们需要看到公司是否产生足够的现金来支付其分配。 过去一年,它支付了其自由现金流的67%作为股息,在大多数公司的正常区间内。
It's positive to see that Zhejiang Zhongcheng Packing Material's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut.
看到浙江众成包装材料的股息既被收益担保又被现金流担保是积极的,因为这通常是股息可持续的标志,较低的支付比通常意味着在股息被削减之前有更大的安全保障。
Click here to see how much of its profit Zhejiang Zhongcheng Packing Material paid out over the last 12 months.
点击此处查看浙江众成包装材料在过去12个月中支付的利润总额。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240526/0-60c5caa46f39e1223a4948fe6b932990-0-2689fe27c4050e839f03f9d1dd2d67dd.png/big)
Have Earnings And Dividends Been Growing?
收益和股息一直在增长吗?
Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. It's encouraging to see Zhejiang Zhongcheng Packing Material has grown its earnings rapidly, up 22% a year for the past five years.
业务增长前景强劲的企业通常是最好的股息支付者,因为当每股收益改善时,增加股息会更容易。如果业务进入衰退并且分红被削减,公司的价值可能会急剧下降。鼓舞人心的是,浙江众成包装材料的收入已经快速增长,过去五年增长了22%。
The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Zhejiang Zhongcheng Packing Material has seen its dividend decline 7.3% per annum on average over the past 10 years, which is not great to see. Zhejiang Zhongcheng Packing Material is a rare case where dividends have been decreasing at the same time as earnings per share have been improving. It's unusual to see, and could point to unstable conditions in the core business, or more rarely an intensified focus on reinvesting profits.
大多数投资者评估公司的股息前景的主要方法是检查股息增长的历史速度。在过去的十年中,浙江众成包装材料的股息年均下降7.3%,这是不好的事情。浙江众成包装材料是一个罕见的例子,其中分红正在减少,而每股收益正在提高。这是不寻常的,并可能指向核心业务中的不稳定情况,或者更少见的是对利润再投资的强化关注。
The Bottom Line
还有一件事需要注意的是,我们已经确定了上海医药的2个警告信号,了解这些信号应该成为你的投资过程的一部分。
Should investors buy Zhejiang Zhongcheng Packing Material for the upcoming dividend? From a dividend perspective, we're encouraged to see that earnings per share have been growing, the company is paying out less than half of its earnings, and a bit over half its free cash flow. Overall we think this is an attractive combination and worthy of further research.
投资者是否应该购买即将到来的浙江众成包装材料的股息?从股息角度看,我们鼓励看到每股收益增长,公司支付的股息少于其收益的一半,以及略高于其自由现金流的一半。总体而言,我们认为这是一个有吸引力的组合,值得进一步研究。
With that in mind, a critical part of thorough stock research is being aware of any risks that stock currently faces. Every company has risks, and we've spotted 1 warning sign for Zhejiang Zhongcheng Packing Material you should know about.
有一点要记住,彻底的股票研究的关键部分是了解当前面临的任何风险。每个公司都有风险,我们已经发现浙江众成包装材料存在1个警告信号,您应该了解。
A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks.
一个常见的投资错误是购买你看到的第一个有趣的股票。在这里,您可以找到高股息股票的完整列表。
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