Readers hoping to buy Noel Gifts International Ltd (SGX:543) 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 of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. In other words, investors can purchase Noel Gifts International's shares before the 1st of November in order to be eligible for the dividend, which will be paid on the 9th of November.
The company's upcoming dividend is S$0.015 a share, following on from the last 12 months, when the company distributed a total of S$0.015 per share to shareholders. Looking at the last 12 months of distributions, Noel Gifts International has a trailing yield of approximately 7.0% on its current stock price of SGD0.215. If you buy this business for its dividend, you should have an idea of whether Noel Gifts International's dividend is reliable and sustainable. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.
Check out our latest analysis for Noel Gifts International
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. Noel Gifts International is paying out just 11% of its profit after tax, which is comfortably low and leaves plenty of breathing room in the case of adverse events. 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. Luckily it paid out just 19% of its free cash flow last year.
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.
Click here to see how much of its profit Noel Gifts International paid out over the last 12 months.
![historic-dividend](https://usnewsfile.futunn.com/pic/0-16096854-0-5723ce22fd3de236ebb96419f0adac02.png/big)
SGX:543 Historic Dividend October 27th 2022
Have Earnings And Dividends Been Growing?
Companies with consistently growing earnings per share generally make the best dividend stocks, as they usually find it easier to grow dividends per share. If earnings fall far enough, the company could be forced to cut its dividend. Fortunately for readers, Noel Gifts International's earnings per share have been growing at 16% a year for the past five years. Earnings per share have been growing rapidly and the company is retaining a majority of its earnings 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.
Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. Noel Gifts International has delivered an average of 1.4% per year annual increase in its dividend, based on the past 10 years of dividend payments. Earnings per share have been growing much quicker than dividends, potentially because Noel Gifts International is keeping back more of its profits to grow the business.
The Bottom Line
Has Noel Gifts International got what it takes to maintain its dividend payments? Noel Gifts International has grown its earnings per share while simultaneously reinvesting in the business. Unfortunately it's cut the dividend at least once in the past 10 years, but the conservative payout ratio makes the current dividend look sustainable. Overall we think this is an attractive combination and worthy of further research.
In light of that, while Noel Gifts International has an appealing dividend, it's worth knowing the risks involved with this stock. We've identified 5 warning signs with Noel Gifts International (at least 2 which shouldn't be ignored), and understanding these should be part of your investment process.
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.
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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.
希望購買的讀者 諾埃爾禮品國際有限公司 SGX:543)由於股票即將交易除息,因此其股息將需要很快進行移動。除息日期為記錄日之前一個營業日,即股東出現於公司賬簿上的截止日期,以符合資格派發股息的截止日期。除息日是因為當股票被買入或賣出時,交易至少需要兩個工作日才能結算。換句話說,投資者可以在 11 月 1 日之前購買諾埃爾禮品國際的股票,以便有資格獲得股息,股息將於 11 月 9 日支付。
該公司即將發出的股息為每股 0.015 新加坡元,繼過去 12 個月之後,該公司向股東派發總額 0.015 新加坡元。從過去 12 個月的發行情況來看,諾埃爾禮品國際有限公司目前股價 0.215 新加坡元的尾隨收益率約為 7.0%。如果您以股息購買此業務,您應該了解諾埃爾國際禮品國際的股利是否可靠且可持續。這就是為什麼我們應該始終檢查股息支付是否可持續發展,以及公司是否正在增長。
查看我們的最新分析諾埃爾國際禮品
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。諾埃爾禮品國際只支付了稅後利潤的 11%,這是舒適的低,並在不良事件的情況下留下充足的呼吸空間。然而,現金流通常比評估股息可持續性的利潤更為重要,因此我們應該檢查公司是否產生足夠的現金來負擔股息。幸運的是,去年它只支付了 19% 的自由現金流。
看到股息同時被利潤和現金流覆蓋,這是令人鼓舞的。這通常表明股息是可持續的,只要收益不大幅下降。
點擊這裡查看在過去的利潤諾埃爾禮品國際支付了多少 12 個月.
![historic-dividend](https://usnewsfile.futunn.com/pic/0-16096854-0-5723ce22fd3de236ebb96419f0adac02.png/big)
新加坡交易所:543 歷史性股息 2022 年十月二十七日
收益和股息一直在增長嗎?
每股盈利持續增長的公司通常是最好的股息股票,因為它們通常會發現每股股息增加更容易。如果盈利足夠下跌,公司可能會被迫削減股息。幸運的是,諾埃爾禮品國際在過去五年中,每股盈利一直以每年 16% 的速度增長。每股盈利一直在迅速增長,公司在業務中保留了大部分收益。這將使您更容易為未來的增長努力提供資金,我們認為這是一個有吸引力的組合-再加上股息總是可以在以後增加。
許多投資者將通過評估股息支付隨著時間的變化來評估公司的股息表現。根據過去 10 年的股息支付,諾埃爾國際禮品國際平均每年的股息增長率為 1.4%。每股收益的增長速度比股息快得多,可能是因為諾埃爾禮品國際正在保留更多利潤以發展業務。
底線
諾埃爾禮品國際有什麼需要維持其股息支付?諾埃爾禮品國際已經增加了每股收益,同時在業務中進行再投資。不幸的是,在過去的 10 年中,它至少削減了股息一次,但保守派息比率使當前的股息看起來可持續。總的來說,我們認為這是一個有吸引力的組合,值得進一步研究。
鑑於此,儘管諾埃爾禮品國際有吸引力的股息,但值得了解該股票所涉及的風險。 我們已經確定了 5 個警告標誌 與諾埃爾禮品國際(至少 2 個不容忽視),並且了解這些應該是您投資過程的一部分。
一般來說,我們不建議只購買您看到的第一股股息股票。這裡是 精選的有趣股票列表,這些股票是強勁的股息支付者。
對這篇文章有反饋嗎?關注內容? 取得聯繫 直接與我們聯繫。 或者,通過電子郵件發送電子郵件給編輯團隊。
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。