Four Days Left Until Dong-E-E-Jiao Co.,Ltd. (SZSE:000423) Trades Ex-Dividend
Four Days Left Until Dong-E-E-Jiao Co.,Ltd. (SZSE:000423) Trades Ex-Dividend
Readers hoping to buy Dong-E-E-Jiao Co.,Ltd. (SZSE:000423) 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 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 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. In other words, investors can purchase Dong-E-E-JiaoLtd's shares before the 12th of June in order to be eligible for the dividend, which will be paid on the 12th of June.
如果读者希望通过买入东阿阿胶股份有限公司(SZSE:000423)来获得分红的话,那么现在就需要行动了。因为该股票即将除权后交易。除权日是记录日的一个工作日前一天,也就是股东要在该日期前拥有该公司的股份才能有资格享受分红派息。因此,除权日是一个需要注意的重要日期,因为除权日之后的股票交易可能会导致延迟结算,从而不能计入记录日。换句话说,投资者需要在6月12日之前买入东阿阿胶股份有限公司的股票,才能有资格获得分红派息,分红将会在6月12日支付。
The company's upcoming dividend is CN¥1.78419 a share, following on from the last 12 months, when the company distributed a total of CN¥1.78 per share to shareholders. Last year's total dividend payments show that Dong-E-E-JiaoLtd has a trailing yield of 2.6% on the current share price of CN¥69.79. If you buy this business for its dividend, you should have an idea of whether Dong-E-E-JiaoLtd's dividend is reliable and sustainable. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.
该公司即将宣布的股息是每股1.78419元人民币,继公司过去12个月为股东派发了每股1.78元人民币的股息后。去年的总分红显示,东阿阿胶股份有限公司上一年度每股股息的回报率为2.6%,该回报率基于目前每股股价69.79元人民币计算。如果您因为分红而购买这家公司的话,您应该知道该公司的分红是否可靠且具有持续性。因此,我们应该始终核查分红支付是否可持续,并检查该公司是否在成长。
Dividends are typically paid from company earnings. If a company pays more in dividends than it earned in profit, then the dividend could be unsustainable. Its dividend payout ratio is 90% of profit, which means the company is paying out a majority of its earnings. The relatively limited profit reinvestment could slow the rate of future earnings growth. We'd be worried about the risk of a drop in earnings. Yet cash flow is typically more important than profit for assessing dividend sustainability, so we should always check if the company generated enough cash to afford its dividend. Fortunately, it paid out only 41% of its free cash flow in the past year.
通常,股息是由公司的盈利支付的。如果公司支付的股息超过了其盈利,则该股息可能是不可持续的。其股息支付比率是利润的90%,这意味着该公司支付了大部分利润。相对较少的利润再投资可能会减缓未来利润增长的速度。因此,我们对盈利下降的风险感到担忧。而现金流通常比利润更重要,以评估股息的可持续性,因此我们应该始终检查该公司是否有足够的现金来支付股息。幸运的是,过去一年它只支付了其自由现金流的41%。
It's positive to see that Dong-E-E-JiaoLtd'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.
值得注意的是,东阿阿胶股份有限公司的股息既来源于其利润,也来源于其现金流,因此这通常是股息的持续性的标志,而较低的支付比率通常意味着在股息被削减之前有更大的安全边际。
Click here to see the company's payout ratio, plus analyst estimates of its future dividends.
点击此处查看公司的支付比率以及未来分红的分析师预期。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240608/0-706970f56a45f8a4d01c99d79a540814-0-17f0f97456687af34b700b026b0a301d.png/big)
Have Earnings And Dividends Been Growing?
收益和股息一直在增长吗?
When earnings decline, dividend companies become much harder to analyse and own safely. If earnings fall far enough, the company could be forced to cut its dividend. Readers will understand then, why we're concerned to see Dong-E-E-JiaoLtd's earnings per share have dropped 9.1% a year over the past five years. When earnings per share fall, the maximum amount of dividends that can be paid also falls.
当盈利下降时,分红公司的分析和安全拥有变得更加困难。如果盈利下降到一定程度,公司可能被迫削减其股息派发。那么读者们就能理解为什么我们会担心东阿阿胶股份有限公司的每股盈利在过去的五年中年平均下降了9.1%。当每股盈利下降时,可分配的股息最大金额也会下降。
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. In the last 10 years, Dong-E-E-JiaoLtd has lifted its dividend by approximately 9.8% a year on average. That's intriguing, but the combination of growing dividends despite declining earnings can typically only be achieved by paying out a larger percentage of profits. Dong-E-E-JiaoLtd is already paying out a high percentage of its income, so without earnings growth, we're doubtful of whether this dividend will grow much in the future.
测量公司的股息前景的另一种关键方法是测量其历史股息增长率。在过去的10年中,东阿阿胶股份有限公司的股息平均增长约为9.8%。这令人感到好奇,但在营收下降的情况下,通过支付更高的股利分配比例通常是无法获得增长的。由于东阿阿胶股份有限公司已经支付了高比例的收入,所以在没有盈利增长的情况下,我们对该股息的未来增长持怀疑态度。
To Sum It Up
总结一下
Should investors buy Dong-E-E-JiaoLtd for the upcoming dividend? The payout ratios are within a reasonable range, implying the dividend may be sustainable. Declining earnings are a serious concern, however, and could pose a threat to the dividend in future. To summarise, Dong-E-E-JiaoLtd looks okay on this analysis, although it doesn't appear a stand-out opportunity.
投资者应该购买东阿阿胶股份有限公司的股票以获得即将到来的股息吗?其支付比率在合理范围内,意味着分红可能是可持续的。但是盈利下降是一个严重的问题,并且可能对未来的分红造成威胁。综上所述,东阿阿胶股份有限公司在这项分析中看起来还不错,但并不是一个出色的机会。
However if you're still interested in Dong-E-E-JiaoLtd as a potential investment, you should definitely consider some of the risks involved with Dong-E-E-JiaoLtd. To help with this, we've discovered 1 warning sign for Dong-E-E-JiaoLtd that you should be aware of before investing in their shares.
然而,如果你仍然对东阿阿胶股份有限公司作为潜在投资对象感兴趣,你应该考虑一些潜在的风险,我们发现了一项有关东阿阿胶股份有限公司的1个警示标志,投资者在购买其股票之前应该注意。
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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