Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that CDW Holding Limited (SGX:BXE) is about to go ex-dividend in just four 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 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. Accordingly, CDW Holding investors that purchase the stock on or after the 29th of August will not receive the dividend, which will be paid on the 30th of September.
The company's next dividend payment will be US$0.005 per share, and in the last 12 months, the company paid a total of US$0.012 per share. Calculating the last year's worth of payments shows that CDW Holding has a trailing yield of 7.3% on the current share price of SGD0.23. 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 CDW Holding has been able to grow its dividends, or if the dividend might be cut.
View our latest analysis for CDW Holding
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. CDW Holding paid out 59% of its earnings to investors last year, a normal payout level for most businesses. That said, even highly profitable companies sometimes might not generate enough cash to pay the dividend, which is why we should always check if the dividend is covered by cash flow.
Click here to see how much of its profit CDW Holding paid out over the last 12 months.
SGX:BXE Historic Dividend August 24th 2022
Have Earnings And Dividends Been Growing?
Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. That's why it's comforting to see CDW Holding's earnings have been skyrocketing, up 64% per annum for the past five years.
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. CDW Holding's dividend payments are effectively flat on where they were 10 years ago.
Final Takeaway
From a dividend perspective, should investors buy or avoid CDW Holding? It's good to see that earnings per share are growing and that the company's payout ratio is within a normal range for most businesses. However we're somewhat concerned that it paid out -79% of its cashflow, which is uncomfortably high. In summary, it's hard to get excited about CDW Holding from a dividend perspective.
If you're not too concerned about CDW Holding's ability to pay dividends, you should still be mindful of some of the other risks that this business faces. Every company has risks, and we've spotted 4 warning signs for CDW Holding (of which 1 is potentially serious!) you should know about.
If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks.
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.
一些投資者依靠股息來增加財富,如果您是這些股息偵探之一,您可能會感興趣知道這一點 中染控股有限公司 新加坡交易所:BXE)即將在短短四天內除息。除息日期通常設定為記錄日前一個營業日,即您必須以股東身份出示於公司賬簿上的截止日期,方可收取股息。除息日是一個重要的日期,需要注意,因為任何在該日期或之後購買的股票可能意味著在記錄日沒有顯示逾期結算。因此,在 8 月 29 日或之後購買股票的 CDW Holding 投資者將不會收到股息,該股息將於 9 月 30 日支付。
該公司的下一次股息將為每股 0.005 美元,在過去的 12 個月中,該公司支付的總額為每股 0.012 美元。計算去年的支付價值表明,CDW Holding 的追踪收益率對當前股價 0.23 新加坡元的 7.3%。股息是長期持有人投資回報的主要因素,但前提是股息繼續支付。因此,讀者應始終檢查 CDW Holding 是否能夠增加股息,或者股息是否可能被削減。
查看我們對 CDW 控股的最新分析
股息通常從公司收益中支付。如果一家公司支付的股息多於利潤中賺取的,那麼股息可能是不可持續的。CDW Holding 去年向投資者支付了其收益的 59%,這對大多數企業來說是正常的支付水平。也就是說,即使是高利潤的公司,有時也可能無法產生足夠的現金來支付股息,這就是為什麼我們應該始終檢查股息是否受到現金流支付的原因。
點擊這裡查看 CDW 控股在過去 12 個月中支付了多少利潤。
新加坡交易所:八月二十四日歷史股息 2022 年 8 月 24 日
收益和股息一直在增長嗎?
具有強勁增長前景的企業通常是最好的股息支付者,因為當每股收益正在改善時,增加股息更容易。如果企業進入低迷並削減股息,該公司可能會看到其價值急劇下降。這就是為什麼看到 CDW Holding 的收入一直在飆升的原因,在過去五年中,每年增長了 64%。
衡量公司股息前景的另一個關鍵方法是衡量其歷史股息增長率。CDW Holding 的股息支付在 10 年前的位置實際上是平坦的。
最終外賣
從股息的角度來看,投資者應該購買還是避免 CDW Holding?很高興看到每股收益正在增長,並且對於大多數企業而言,公司的支付比率在正常範圍內。但是,我們有些擔心它支付了 -79% 的現金流,這是令人不舒服的高。總而言之,從股息的角度來看,很難對 CDW Holding 感到興奮。
如果您不太擔心 CDW Holding 支付股息的能力,您仍然應該注意該業務面臨的其他一些風險。每家公司都有風險,我們發現了 CDW 控股的 4 個警告標誌 (其中 1 個潛在是嚴重的!)你應該知道
如果您在市場上尋找強勁的股息支付者,我們建議您 檢查我們選擇的最高股息股票。
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這篇文章由簡單牆聖是一般性質. 我們僅使用公正的方法,根據歷史數據和分析師預測提供評論,我們的文章並不打算作為財務建議。 它並不構成購買或出售任何股票的建議,也不會考慮您的目標或您的財務狀況。我們的目標是為您帶來由基本數據驅動的長期集中分析。請注意,我們的分析可能不會考慮最新的價格敏感公司公告或定性材料。簡易華街在提及的任何股票中都沒有倉位。