Do These 3 Checks Before Buying Tysan Holdings Limited (HKG:687) For Its Upcoming Dividend
Do These 3 Checks Before Buying Tysan Holdings Limited (HKG:687) For Its Upcoming Dividend
Tysan Holdings Limited (HKG:687) stock is about to trade ex-dividend in 4 days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order 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. Thus, you can purchase Tysan Holdings' shares before the 3rd of June in order to receive the dividend, which the company will pay on the 28th of June.
泰升集团有限公司(HKG:687)的股票即将在4天后交易除权。除权日期是股东需要在公司名册上的日子的前一天,以便获得股息。除权日是一个重要的日期,任何在此日期或以后购买该股票可能意味着晚期结算,不会显示在登记日上。因此,您可以在6月3日之前购买泰升集团的股票以获得股息,公司将于6月28日支付股息。
The company's upcoming dividend is HK$0.015 a share, following on from the last 12 months, when the company distributed a total of HK$0.015 per share to shareholders. Last year's total dividend payments show that Tysan Holdings has a trailing yield of 5.0% on the current share price of HK$0.30. If you buy this business for its dividend, you should have an idea of whether Tysan Holdings's dividend is reliable and sustainable. We need to see whether the dividend is covered by earnings and if it's growing.
该公司即将派发的股息是每股0.015港元,与过去12个月相同,公司向股东分配了每股总计0.015港元的股息。去年的总股息支付表明,泰升控股的股息在当前股价0.30港元上有5.0%的回报率。如果您是因为其股息而购买该业务,则需要了解泰升控股的股息是否可靠和可持续。我们需要看看股息是否由盈利所覆盖,并且是否在增长。
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. Tysan Holdings reported a loss last year, so it's not great to see that it has continued paying a dividend. Considering the lack of profitability, we also need to check if the company generated enough cash flow to cover the dividend payment. If Tysan Holdings didn't generate enough cash to pay the dividend, then it must have either paid from cash in the bank or by borrowing money, neither of which is sustainable in the long term. It paid out 105% of its free cash flow in the form of dividends last year, which is outside the comfort zone for most businesses. Companies usually need cash more than they need earnings - expenses don't pay themselves - so it's not great to see it paying out so much of its cash flow.
股息通常是由公司收入支付的,因此如果公司支付的股息超过了其收入,公司的股息通常存在较高的风险被削减。去年,泰升控股报亏,因此继续支付股息并非好事。考虑到缺乏盈利能力,我们还需要检查公司是否产生了足够的现金流来支付股息。如果泰升控股没有产生足够的现金来支付股息,则必须从银行存款或借贷中支付,这两者都不属于长期可持续性。去年,它以股息形式支付了自由现金流的105%,超出了大多数企业的舒适区。通常,公司需要现金而不是收益-支出不会自行支付-因此,看到其支付了如此多的现金流并不好。
Tysan Holdings does have a large net cash position on the balance sheet, which could fund large dividends for a time, if the company so chose. Still, smart investors know that it is better to assess dividends relative to the cash and profit generated by the business. Paying dividends out of cash on the balance sheet is not long-term sustainable.
泰升控股在资产负债表上拥有大量净现金,这可以支持公司选择时间的大笔股息。尽管如此,聪明的投资者知道,最好根据企业产生的现金和利润来评估股息。从资产负债表上的现金支付股息并不可持续。
Click here to see how much of its profit Tysan Holdings paid out over the last 12 months.
点击此处,查看泰升控股在过去12个月中支付了多少利润。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240530/0-b6cd768a06297e84fc0334bc44065c16-0-b24690eba23232a490d470169f240266.png/big)
Have Earnings And Dividends Been Growing?
收益和股息一直在增长吗?
Companies with consistently growing earnings per share generally make the best dividend stocks, as they usually find it easier to grow dividends per share. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. Tysan Holdings was unprofitable last year, but at least the general trend suggests its earnings have been improving over the past five years. Even so, an unprofitable company whose business does not quickly recover is usually not a good candidate for dividend investors.
每股收益增长稳定的公司通常成为最佳的股息股票,因为它们通常更容易增加每股股息。投资者喜欢股息,因此如果收益下降并且股息减少,则预计同时会大量抛售股票。尽管去年泰升控股未盈利,但至少普遍趋势表明其收益在过去五年中一直在改善。即使如此,一个不盈利且业务不会快速恢复的公司通常不是股息投资者的好选择。
The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Tysan Holdings has seen its dividend decline 14% per annum on average over the past 10 years, which is not great to see.
大多数投资者评估一家公司的股息前景的主要方式是检查其历史股息增长率。过去10年中,泰升集团的股息平均每年下降14%,这并不太好。
We update our analysis on Tysan Holdings every 24 hours, so you can always get the latest insights on its financial health, here.
我们每24小时更新一次对泰升控股的分析,因此您可以始终在此处获取有关其财务状况的最新见解。
To Sum It Up
总结一下
Is Tysan Holdings worth buying for its dividend? First, it's not great to see the company paying a dividend despite being loss-making over the last year. Second, the dividend was not well covered by cash flow." Overall it doesn't look like the most suitable dividend stock for a long-term buy and hold investor.
是否值得购买泰升控股的股息?首先,尽管去年亏损,但看到公司仍然支付股息并不好。其次,现金流未充分覆盖股息。总的来说,对于长期持有投资者来说,看起来不是最适合的股息股票。
With that in mind though, if the poor dividend characteristics of Tysan Holdings don't faze you, it's worth being mindful of the risks involved with this business. Our analysis shows 1 warning sign for Tysan Holdings and you should be aware of it before buying any shares.
鉴于此,如果泰升集团的糟糕股息特征不影响您,那么还需谨慎考虑此业务所涉及的风险。我们的分析显示,泰升集团存在1个警示标志,您在购买任何股票之前应该意识到它。
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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