Ferguson Plc (NYSE:FERG) Passed Our Checks, And It's About To Pay A US$0.79 Dividend
Ferguson Plc (NYSE:FERG) Passed Our Checks, And It's About To Pay A US$0.79 Dividend
Ferguson plc (NYSE:FERG) stock is about to trade ex-dividend in 4 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 important as the process of settlement involves two full business days. So if you miss that date, you would not show up on the company's books on the record date. This means that investors who purchase Ferguson's shares on or after the 14th of June will not receive the dividend, which will be paid on the 31st of July.
Ferguson股票(NYSE:FERG)将于4天后开始收取分红。 分红日通常设置为记录日之前一个工作日,记录日是您必须在公司股东名册上出现的截止日期,以便收到分红。 分红日很重要,因为结算流程需要两个工作日。 因此,如果您错过了那个日期,您将不会在记录日出现在公司的股权清单上。 这意味着在6月14日或之后购买Ferguson股票的投资者将无法收到7月31日支付的股息。
The company's upcoming dividend is US$0.79 a share, following on from the last 12 months, when the company distributed a total of US$3.16 per share to shareholders. Based on the last year's worth of payments, Ferguson has a trailing yield of 1.6% on the current stock price of US$198.68. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to check whether the dividend payments are covered, and if earnings are growing.
该公司即将派息0.79美元/股,连续12个月来,该公司向股东分配总共3.16美元/股。 基于过去一年的分红金额,对于当前股价198.68美元,Ferguson的回报率为1.6%。 分红对许多股东来说是一种重要的收入来源,但业务的健康状况对于维持这些分红至关重要。 因此,我们需要检查是否覆盖了股息支付,并且收益是否在增长。
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. Ferguson paid out a comfortable 34% of its profit last year. 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. Fortunately, it paid out only 30% of its free cash flow in the past year.
分红通常从公司利润中支付,因此,如果公司支付的金额超过了其盈利金额,则其股息通常面临更大的风险。上年度Ferguson支付的盈利中有34%为股息。但是,现金流比利润更重要,以评估股息,因此我们需要看看公司是否产生了足够的现金来支付其分配。幸运的是,过去一年中,它仅支付了其自由现金流的30%。
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 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/7781/20240609/0-424a81cc5af8dfae8971e032beebce95-0-e1f40bae92d0140ec0fc7315a1e22282.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. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. It's encouraging to see Ferguson has grown its earnings rapidly, up 21% a year for the past five years. Ferguson is paying out less than half its earnings and cash flow, while simultaneously growing earnings per share at a rapid clip. Companies with growing earnings and low payout ratios are often the best long-term dividend stocks, as the company can both grow its earnings and increase the percentage of earnings that it pays out, essentially multiplying the dividend.
具有强大增长前景的企业通常是最好的股息支付者,因为当每股收益正在提高时,很容易增长分红。投资者喜欢股息,因此,如果盈利下降并且股息减少,则可以预期股票将被大量抛售。令人鼓舞的是,Ferguson的收益快速增长,过去五年平均每年增长21%。Ferguson支付的股息不到其收益和现金流的一半,同时以快速的速度增长每股收益。具有增长收益和低派息比率的公司通常是最好的长期股息股票,因为公司可以同时增加其收益和增加其支付的收益百分比,从而倍增股息。
The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Ferguson's dividend payments are broadly unchanged compared to where they were 10 years ago.
大多数投资者评估公司股息前景的主要方式是检查股息增长率。与10年前相比,Ferguson的股息付款基本上没有变化。
Final Takeaway
最后的结论
Should investors buy Ferguson for the upcoming dividend? Ferguson has grown its earnings per share while simultaneously reinvesting in the business. Unfortunately it's cut the dividend at least once in the past 10 years, but the conservative payout ratio makes the current dividend look sustainable. There's a lot to like about Ferguson, and we would prioritise taking a closer look at it.
投资者应该购买即将到来的Ferguson分红吗?Ferguson在同时重新投资业务的同时增加了每股收益。不幸的是,它在过去10年中至少削减了一次股息,但保守的派息比率使得当前的股息看起来是可持续的。有很多喜欢Ferguson的地方,我们会优先考虑仔细研究它。
While it's tempting to invest in Ferguson for the dividends alone, you should always be mindful of the risks involved. Every company has risks, and we've spotted 2 warning signs for Ferguson you should know about.
虽然仅仅因为Ferguson具有分红而投资Ferguson很具有吸引力,但您应该时刻注意涉及的风险。每家公司都有风险,我们已经发现Ferguson的2个警告信号,您应该知道。
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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