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 Tse Sui Luen Jewellery (International) Limited (HKG:417) is about to go ex-dividend in just 3 days. 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 of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. This means that investors who purchase Tse Sui Luen Jewellery (International)'s shares on or after the 15th of September will not receive the dividend, which will be paid on the 6th of October.
The company's upcoming dividend is HK$0.02 a share, following on from the last 12 months, when the company distributed a total of HK$0.02 per share to shareholders. Last year's total dividend payments show that Tse Sui Luen Jewellery (International) has a trailing yield of 1.7% on the current share price of HK$1.15. If you buy this business for its dividend, you should have an idea of whether Tse Sui Luen Jewellery (International)'s dividend is reliable and sustainable. So we need to check whether the dividend payments are covered, and if earnings are growing.
See our latest analysis for Tse Sui Luen Jewellery (International)
Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Tse Sui Luen Jewellery (International) paid out a comfortable 32% of its profit last year.
Click here to see how much of its profit Tse Sui Luen Jewellery (International) paid out over the last 12 months.
![historic-dividend](https://usnewsfile.futunn.com/pic/0-14586219-0-18c99db74ec610118bf2d43876b5068c.png/big)
SEHK:417 Historic Dividend September 11th 2022
Have Earnings And Dividends Been Growing?
Companies with falling earnings are riskier for dividend shareholders. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. Tse Sui Luen Jewellery (International)'s earnings per share have fallen at approximately 8.0% a year over the previous five years. Such a sharp decline casts doubt on the future sustainability of the dividend.
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Tse Sui Luen Jewellery (International)'s dividend payments per share have declined at 17% per year on average over the past 10 years, which is uninspiring. It's never nice to see earnings and dividends falling, but at least management has cut the dividend rather than potentially risk the company's health in an attempt to maintain it.
To Sum It Up
Is Tse Sui Luen Jewellery (International) an attractive dividend stock, or better left on the shelf? Earnings per share have shrunk noticeably in recent years, although we like that the company has a low payout ratio. This could suggest a cut to the dividend may not be a major risk in the near future. We think this is a pretty attractive combination, and would be interested in investigating Tse Sui Luen Jewellery (International) more closely.
While it's tempting to invest in Tse Sui Luen Jewellery (International) for the dividends alone, you should always be mindful of the risks involved. To help with this, we've discovered 3 warning signs for Tse Sui Luen Jewellery (International) that you should be aware of before investing in their shares.
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.
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他們的財富,如果你是股息偵探中的一員,你可能會感興趣地知道謝瑞聯珠寶(國際)有限公司(HKG:417)即將在3天內除息。除股息日期是記錄日期之前的一個工作日,這是股東在公司賬面上有資格獲得股息支付的截止日期。除息日期是重要的,因為每當買賣一隻股票時,交易至少需要兩個工作日才能結算。這意味着,在9月15日或之後購買謝穗聯珠寶(國際)股份的投資者將不會獲得股息,股息將於10月6日支付。
該公司即將派發的股息為每股0.02港元,此前該公司在過去12個月向股東共派發了每股0.02港元的股息。去年的派息總額顯示,謝瑞聯珠寶(國際)按目前股價1.15港元計算,往績收益率為1.7%。如果你收購這項業務是為了分紅,你應該知道謝穗連珠寶(國際)的分紅是否可靠和可持續。因此,我們需要檢查股息支付是否包括在內,以及收益是否在增長。
查看我們對謝瑞蓮珠寶(國際)的最新分析
股息通常從公司收入中支付,因此,如果一家公司支付的股息超過了它的收入,它的股息通常被削減的風險更高。謝瑞蓮珠寶(國際)去年支付了令人滿意的32%的利潤。
點擊此處查看謝瑞聯珠寶(國際)在過去12個月中支付了多少利潤。
![historic-dividend](https://usnewsfile.futunn.com/pic/0-14586219-0-18c99db74ec610118bf2d43876b5068c.png/big)
聯交所:417歷史性紅利2022年9月11日
盈利和股息一直在增長嗎?
盈利下降的公司對股息股東來説風險更大。如果業務進入低迷,股息被削減,該公司的價值可能會急劇縮水。謝瑞蓮珠寶(國際)的每股盈利在過去五年間每年下跌約8.0%,如此大幅的跌幅令人懷疑未來派息的可持續性。
衡量一家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。謝瑞蓮珠寶(國際)的每股股息支出在過去10年裏以平均每年17%的速度下降,這並不鼓舞人心。看到收益和股息下降從來都不是好事,但至少管理層削減了股息,而不是為了維持股息而冒着公司健康的風險。
總結一下
謝瑞蓮珠寶(國際)是一隻有吸引力的股息股票,還是更好地被擱置?近年來,每股收益明顯縮水,儘管我們喜歡該公司的低派息率。這可能表明,在不久的將來,削減股息可能不會成為主要風險。我們認為這是一個相當有吸引力的組合,並有興趣更密切地調查謝瑞蓮珠寶(國際)。
雖然投資謝瑞蓮珠寶(國際)只是為了分紅,但你應該時刻注意其中的風險。為了幫助解決這個問題,我們發現3謝瑞蓮珠寶(國際)警示標誌在投資他們的股票之前,你應該意識到這一點。
一般來説,我們不會建議只購買你看到的第一批股息股票。這是這是一份精心挑選的股息支付強勁的有趣股票的名單。
對這篇文章有什麼反饋嗎?擔心內容嗎? 保持聯繫直接與我們聯繫。或者,也可以給編輯組發電子郵件,地址是implywallst.com。
本文由Simply Wall St.撰寫,具有概括性。我們僅使用不偏不倚的方法提供基於歷史數據和分析師預測的評論,我們的文章並不打算作為財務建議。它不構成買賣任何股票的建議,也沒有考慮你的目標或你的財務狀況。我們的目標是為您帶來由基本面數據驅動的長期重點分析。請注意,我們的分析可能不會將最新的對價格敏感的公司公告或定性材料考慮在內。Simply Wall St.對上述任何一隻股票都沒有持倉。