Do These 3 Checks Before Buying WEC Energy Group, Inc. (NYSE:WEC) For Its Upcoming Dividend
Do These 3 Checks Before Buying WEC Energy Group, Inc. (NYSE:WEC) For Its Upcoming Dividend
Readers hoping to buy WEC Energy Group, Inc. (NYSE:WEC) 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 important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Thus, you can purchase WEC Energy Group's shares before the 14th of August in order to receive the dividend, which the company will pay on the 1st of September.
如果想获取分红派息,您需要尽快购买WEC Energy Group,Inc.(NYSE:WEC)的股票,因为该股票即将进行交易除权日。除权日是记录日的前一交易日,录入持股记录的股东才有资格获得分红派息。除权日非常重要,因为任何股票交易必须在记录日之前结算才能有资格获得分红。因此,您可以在8月14日之前购买WEC Energy Group的股票,以在公司于9月1日支付分红前获取分红派息。
The company's next dividend payment will be US$0.835 per share, and in the last 12 months, the company paid a total of US$3.34 per share. Calculating the last year's worth of payments shows that WEC Energy Group has a trailing yield of 3.8% on the current share price of US$87.98. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to investigate whether WEC Energy Group can afford its dividend, and if the dividend could grow.
公司下一个分红派息将为每股0.835美元,在过去的12个月中,该公司每股共支付了3.34美元。计算过去一年的支付情况发现,WEC Energy Group对于当前股价87.98美元拥有3.8%的追溯收益率。对于长线持有者而言,分红派息可成为投资回报率的主要贡献,但前提是分红派息仍将继续支付。因此,我们需要调查WEC Energy Group是否有能力支付其分红派息,并且分红派息是否会增长。
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. WEC Energy Group paid out more than half (75%) of its earnings last year, which is a regular payout ratio for most companies. 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. Over the past year it paid out 168% of its free cash flow as dividends, which is uncomfortably high. We're curious about why the company paid out more cash than it generated last year, since this can be one of the early signs that a dividend may be unsustainable.
通常情况下,分红派息是由公司利润支付的,因此,如果公司支付的金额超过了赚取的金额,则其分红派息往往面临更大的折现风险。WEC Energy Group去年支付了超过其盈利额的一半(75%)分红,这是大多数公司的常规派息比率。然而,现金流通常比盈利更重要,以评估分红派息的可持续性,因此,我们应该始终检查公司是否有足够的现金来支付其分红派息。在过去一年中,其支付的自由现金流占其分红派息的比例为168%,这太高了。我们很好奇为什么该公司去年支付的现金超过了其生成的现金流,因为这可能是分红派息不可持续的最初迹象之一。
WEC Energy Group paid out less in dividends than it reported in profits, but unfortunately it didn't generate enough cash to cover the dividend. Were this to happen repeatedly, this would be a risk to WEC Energy Group's ability to maintain its dividend.
WEC Energy Group的分红派息比其宣布的利润要少,但不幸的是,它没有产生足够的现金来支付分红派息。如果这种情况反复发生,这将对WEC Energy Group维持分红派息的能力构成风险。
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。
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Have Earnings And Dividends Been Growing?
收益和股息一直在增长吗?
Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. This is why it's a relief to see WEC Energy Group earnings per share are up 5.2% per annum over the last five years. Earnings have been growing at a steady rate, but we're concerned dividend payments consumed most of the company's cash flow over the past year.
打算实现可持续盈利增长的公司的股票通常是最好的分红前景,因为随着盈利增长,提高分红变得更容易。如果业务陷入低迷,分红被削减,公司可能会看到其价值急剧下降。这就是为什么看到WEC Energy Group的每股盈利在过去五年稳步增长5.2%是一个安慰的迹象。收益率一直在稳步增长,但我们担心过去一年的分红派息消耗了公司大部分的现金流。
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. In the past 10 years, WEC Energy Group has increased its dividend at approximately 8.1% a year on average. We're glad to see dividends rising alongside earnings over a number of years, which may be a sign the company intends to share the growth with shareholders.
缩小公司股息前景的另一种关键方法是通过衡量其历史分红增长率来衡量。在过去的10年中,WEC Energy Group的平均年度分红增长率约为8.1%。我们很高兴看到多年来股息随着收益增长而增长,这可能是公司打算与股东分享增长的迹象。
Final Takeaway
最后的结论
Should investors buy WEC Energy Group for the upcoming dividend? Earnings per share have grown somewhat, although WEC Energy Group paid out over half its profits and the dividend was not well covered by free cash flow. It's not that we think WEC Energy Group is a bad company, but these characteristics don't generally lead to outstanding dividend performance.
投资者应该为即将到来的WEC Energy Group分红而购买其股票吗?每股盈利有所增长,尽管WEC Energy Group支付了超过一半的利润,但分红派息未被自由现金流充分覆盖。我们不认为WEC Energy Group是一家糟糕的公司,但这些特征通常不会产生出色的股息表现。
Having said that, if you're looking at this stock without much concern for the dividend, you should still be familiar of the risks involved with WEC Energy Group. To help with this, we've discovered 2 warning signs for WEC Energy Group (1 is a bit concerning!) that you ought to be aware of before buying the shares.
话虽如此,如果您仅基于无关分红的股票而看待此养老金账户的投资,您仍应了解WEC Energy Group所涉及的风险。为此,我们发现了2个告警信号,其中1个有点令人担忧,您应该在购买股票之前了解这些风险信号。
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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