Be Sure To Check Out Snap-on Incorporated (NYSE:SNA) Before It Goes Ex-Dividend
Be Sure To Check Out Snap-on Incorporated (NYSE:SNA) Before It Goes Ex-Dividend
It looks like Snap-on Incorporated (NYSE:SNA) is about to go ex-dividend in the next three 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 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. Thus, you can purchase Snap-on's shares before the 19th of August in order to receive the dividend, which the company will pay on the 10th of September.
Snap-on股份有限公司(NYSE:SNA)看起来即将在未来三天内除息。除息日是分红日前一天,也就是股东需要出现在公司账册上才能领取股息的日期。除权日很重要,因为结算过程涉及两个完整交易日。因此,如果您错过了那一天,您将不会在分红日出现在公司账册上。因此,您可以在8月19日之前购买Snap-on的股票,以便获得公司将于9月10日支付的股息。
The company's upcoming dividend is US$1.86 a share, following on from the last 12 months, when the company distributed a total of US$7.44 per share to shareholders. Looking at the last 12 months of distributions, Snap-on has a trailing yield of approximately 2.7% on its current stock price of US$273.23. If you buy this business for its dividend, you should have an idea of whether Snap-on's dividend is reliable and sustainable. As a result, readers should always check whether Snap-on has been able to grow its dividends, or if the dividend might be cut.
公司即将派发的股息是每股1.86美元,过去12个月,公司总共向股东派发了每股7.44美元。查看过去12个月的分红,Snap-on在当前股价273.23美元的基础上具有大约2.7%的滞后收益率。如果您购买此业务以获得分红,您应该了解Snap-on的股息是否可靠和可持续。因此,读者应始终检查Snap-on是否能够增加其股息,或分红是否会减少。
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. That's why it's good to see Snap-on paying out a modest 37% of its earnings. 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. Thankfully its dividend payments took up just 33% of the free cash flow it generated, which is a comfortable payout ratio.
通常公司的股息是由盈利派发的。如果公司支付的股息超过了其利润,那么分红可能是不可持续的。这就是为什么Snap-on支付的37%的股息相当适中。但自由现金流比利润更重要,以评估股息,因此我们需要查看公司是否产生足够的现金来支付其派息。幸运的是,其股息支付只占其自由现金流的33%,这是一个舒适的支付比率。
It's positive to see that Snap-on'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.
Snap-on的股息既受到利润,又受到现金流的覆盖,因为这通常表示股息是可持续的,而较低的支付比率通常意味着在削减股息之前有更大的安全余地。
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 earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. Fortunately for readers, Snap-on's earnings per share have been growing at 10% a year for the past five years. The company has managed to grow earnings at a rapid rate, while reinvesting most of the profits within the business. This will make it easier to fund future growth efforts and we think this is an attractive combination - plus the dividend can always be increased later.
那些产生可持续盈利增长的公司的股票通常是最好的股息前景,因为在利润增长时提高股息更容易。如果盈利下降,公司被迫削减其股息,那么投资者可能会看到他们的投资价值减少。幸运的是,Snap-on过去五年的每股收益增长率为10%。该公司成功地以快速的速度增长收益,同时将大部分利润再投资到业务中。这将使未来的增长更容易融资,我们认为这是一个有吸引力的组合 - 股息随后可以在以后增加。
Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. Snap-on has delivered an average of 16% per year annual increase in its dividend, based on the past 10 years of dividend payments. It's exciting to see that both earnings and dividends per share have grown rapidly over the past few years.
许多投资者将通过评估派息数额在过去的时间内发生了多少变化来评估公司的分红表现。 Snap-on过去10年的分红支付平均每年增长16%。看到每股收益和股息过去几年迅速增长非常令人兴奋。
Final Takeaway
最后的结论
From a dividend perspective, should investors buy or avoid Snap-on? We love that Snap-on is growing earnings per share while simultaneously paying out a low percentage of both its earnings and cash flow. These characteristics suggest the company is reinvesting in growing its business, while the conservative payout ratio also implies a reduced risk of the dividend being cut in the future. Snap-on looks solid on this analysis overall, and we'd definitely consider investigating it more closely.
从股息角度来看,投资者应该买入还是避开Snap-on?我们喜欢Snap-on的每股收益在不断增长的同时,同时支付了较低的股息和现金流比例。这些特征表明公司正在重新投资于其业务发展,同时保守的支付比率也意味着分红未来被削减的风险降低了。总体而言,Snap-on在此分析中看起来非常可靠,我们绝对会认真考虑它。
In light of that, while Snap-on has an appealing dividend, it's worth knowing the risks involved with this stock. In terms of investment risks, we've identified 1 warning sign with Snap-on and understanding them should be part of your investment process.
基于此,尽管Snap-on股息有吸引力,但了解该股票涉及的风险也是很有价值的。有投资风险方面,我们已经发现1个有关Snap-on的警告信号,并且了解这些警告信号应该成为您的投资流程的一部分。
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。
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