Hangzhou Tianyuan Pet Products CO., LTD (SZSE:301335) Stock Goes Ex-Dividend In Just Two Days
Hangzhou Tianyuan Pet Products CO., LTD (SZSE:301335) Stock Goes Ex-Dividend In Just Two Days
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Hangzhou Tianyuan Pet Products CO., LTD (SZSE:301335) is about to trade ex-dividend in the next 2 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. Therefore, if you purchase Hangzhou Tianyuan Pet Products' shares on or after the 18th of June, you won't be eligible to receive the dividend, when it is paid on the 18th of June.
像往常一样,Simply Wall St非常喜欢分红,因此看到杭州天远宠物用品股份有限公司(SZSE:301335)即将在接下来的两天内进行除权交易令人兴奋。除息日通常设置在股权登记日的前一个工作日,股权登记日是股东必须出现在公司股东名册上的截止日期,以便获得分红。除息日是很重要的,因为无论何时买卖股票,交易至少需要两个工作日才能完成。因此,如果您在6月18日之后购买杭州天远宠物用品股票,则无法获得分红,分红将于6月18日支付。
The company's next dividend payment will be CN¥0.35 per share, and in the last 12 months, the company paid a total of CN¥0.35 per share. Based on the last year's worth of payments, Hangzhou Tianyuan Pet Products has a trailing yield of 2.1% on the current stock price of CN¥16.58. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. As a result, readers should always check whether Hangzhou Tianyuan Pet Products has been able to grow its dividends, or if the dividend might be cut.
公司下一个股息支付金额将为每股人民币0.35元,在过去的12个月中,公司每股支付了总计人民币0.35元。基于去年的支付金额,杭州天远宠物用品在当前人民币16.58元的股票价格上拥有2.1%的回报率。分红是长期股东投资回报的主要组成部分,但前提是分红需要持续支付。因此,读者应该始终检查杭州天远宠物用品是否能够增加其分红,或者分红是否会被削减。
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. Hangzhou Tianyuan Pet Products is paying out an acceptable 57% of its profit, a common payout level among most companies. A useful secondary check can be to evaluate whether Hangzhou Tianyuan Pet Products generated enough free cash flow to afford its dividend. The good news is it paid out just 19% of its free cash flow in the last year.
分红通常是由公司利润支付的,因此,如果一家公司支付的金额超过其收入,则其分红通常会面临较大的风险。杭州天远宠物用品支付了其利润的可接受57%,这是大多数公司的普遍支付水平。一个有用的二次检查可以评估杭州天远宠物用品是否产生了足够的自由现金流来支付其分红。好消息是,去年它支付了自由现金流的只有19%。
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/7781/20240615/0-0e5632322eff81272918c80ce501345b-0-99021cde578a0bf6cf73584c40f5a3a2.png/big)
Have Earnings And Dividends Been Growing?
收益和股息一直在增长吗?
Businesses with shrinking earnings are tricky from a dividend perspective. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. Hangzhou Tianyuan Pet Products's earnings per share have fallen at approximately 8.2% a year over the previous five years. When earnings per share fall, the maximum amount of dividends that can be paid also falls.
对于一些因减少收益而看起来棘手的企业,从分红的角度来看也不例外。如果收益下降并导致公司不得不削减其分红,投资者可能会看到他们的投资价值消失。杭州天远宠物用品每股收益在过去的五年中以每年约8.2%的速度下降。当每股收益下降时,可以支付的最大分红数量也会下降。
We'd also point out that Hangzhou Tianyuan Pet Products issued a meaningful number of new shares in the past year. Trying to grow the dividend while issuing large amounts of new shares reminds us of the ancient Greek tale of Sisyphus - perpetually pushing a boulder uphill.
我们还要指出,杭州天远宠物用品在过去一年中发行了大量新股。试图在发行大量新股的同时增加分红让人想起古希腊的西西弗斯 - 滚动巨石的传说。
Given that Hangzhou Tianyuan Pet Products has only been paying a dividend for a year, there's not much of a past history to draw insight from.
鉴于杭州天远宠物用品仅支付了一年的分红,则很难从过去的历史中得出有意义的结论。
To Sum It Up
总结一下
From a dividend perspective, should investors buy or avoid Hangzhou Tianyuan Pet Products? We're not enthused by the declining earnings per share, although at least the company's payout ratio is within a reasonable range, meaning it may not be at imminent risk of a dividend cut. All things considered, we are not particularly enthused about Hangzhou Tianyuan Pet Products from a dividend perspective.
从分红的角度来看,投资者应该买入还是避免杭州天远宠物用品?尽管公司的每股收益不佳,我们并不感到兴奋,但至少公司的支付比率在合理范围内,意味着它可能没有分红减少的立即风险。总体而言,我们对杭州天远宠物用品的分红前景并不感到特别兴奋。
With that being said, if dividends aren't your biggest concern with Hangzhou Tianyuan Pet Products, you should know about the other risks facing this business. Case in point: We've spotted 2 warning signs for Hangzhou Tianyuan Pet Products you should be aware of.
话虽如此,如果分红不是您在杭州天远宠物用品最担心的问题,那么您应该了解面临的其他风险。例如: 我们已经发现杭州天远宠物用品存在2个警示信号,您应该注意。
If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks.
如果你在寻找强劲的股息支付者,我们建议查看我们的顶级股息股票选择。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
对本文有反馈?关于内容有所顾虑?直接和我们联系。或者,发送电子邮件至editorial-team (at) simplywallst.com。
这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
对本文有反馈?关于内容有所顾虑?直接和我们联系。或者发送电子邮件至editorial-team@simplywallst.com。