Do These 3 Checks Before Buying Jiangsu Newamstar Packaging Machinery Co.,Ltd (SZSE:300509) For Its Upcoming Dividend
Do These 3 Checks Before Buying Jiangsu Newamstar Packaging Machinery Co.,Ltd (SZSE:300509) For Its Upcoming Dividend
It looks like Jiangsu Newamstar Packaging Machinery Co.,Ltd (SZSE:300509) is about to go ex-dividend in the next four 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 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. In other words, investors can purchase Jiangsu Newamstar Packaging MachineryLtd's shares before the 12th of June in order to be eligible for the dividend, which will be paid on the 12th of June.
看起來像是江秀克紐姆斯塔爾包裝機械有限公司(SZSE:300509)即將在未來四天內除息。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。除息日期很重要,因為結算過程需要整整兩個工作日。因此,如果你錯過了那個日期的預期,你就不會在記錄日期出現在公司的賬簿上。換句話說,投資者可以在6月12日之前購買江秀克Newamstar包裝機械有限公司的股票,以便有資格獲得6月12日支付的股息。
The company's upcoming dividend is CN¥0.12 a share, following on from the last 12 months, when the company distributed a total of CN¥0.12 per share to shareholders. Based on the last year's worth of payments, Jiangsu Newamstar Packaging MachineryLtd has a trailing yield of 1.8% on the current stock price of CN¥6.71. If you buy this business for its dividend, you should have an idea of whether Jiangsu Newamstar Packaging MachineryLtd's dividend is reliable and sustainable. We need to see whether the dividend is covered by earnings and if it's growing.
該公司即將發放的股息為每股0.12加元,而過去12個月,該公司共向股東分配了每股0.12加元的股息。根據去年的支付金額,江秀克紐星包裝機械有限公司的往績收益率為1.8%,目前的股價為人民幣6.71元。如果你為了分紅而收購這項業務,你應該知道江秀克紐星包裝機械有限公司的分紅是否可靠和可持續。我們需要看看股息是否由收益覆蓋,以及是否在增長。
Check out our latest analysis for Jiangsu Newamstar Packaging MachineryLtd
查看我們對江秀克Newamstar包裝機械有限公司的最新分析
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. Last year, Jiangsu Newamstar Packaging MachineryLtd paid out 92% of its income as dividends, which is above a level that we're comfortable with, especially if the company needs to reinvest in its business. 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. It paid out more than half (53%) of its free cash flow in the past year, which is within an average range for most companies.
股息通常從公司收益中支付。如果一家公司支付的股息超過了它的利潤,那麼股息可能是不可持續的。去年,江秀克Newamstar包裝機械有限公司支付了92%的收入作為股息,這一水準高於我們所能接受的水準,特別是在該公司需要對其業務進行再投資的情況下。這就是說,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總是檢查股息是否由現金流覆蓋。在過去的一年裡,它支付了超過一半(53%)的自由現金流,這對大多數公司來說都在平均範圍內。
It's good to see that while Jiangsu Newamstar Packaging MachineryLtd's dividends were not well covered by profits, at least they are affordable from a cash perspective. Still, if this were to happen repeatedly, we'd be concerned about whether the dividend is sustainable in a downturn.
令人欣慰的是,儘管江秀克新星包裝機械有限公司的紅利沒有被利潤很好地覆蓋,但至少從現金的角度來看,他們是負擔得起的。儘管如此,如果這種情況反覆發生,我們會擔心股息在經濟低迷時期是否可持續。
Click here to see how much of its profit Jiangsu Newamstar Packaging MachineryLtd paid out over the last 12 months.
點擊這裡查看江秀克紐星包裝機械有限公司在過去12個月中支付了多少利潤。
![historic-dividend](https://usnewsfile.moomoo.com/pic/0-69af93d2e9626c149e79f369c03858ec-0-74c0e809b340daa92ae41728c65323b8.png/big)
Have Earnings And Dividends Been Growing?
盈利和股息一直在增長嗎?
Companies with falling earnings are riskier for dividend shareholders. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. With that in mind, we're discomforted by Jiangsu Newamstar Packaging MachineryLtd's 9.0% per annum decline in earnings in the past five years. When earnings per share fall, the maximum amount of dividends that can be paid also falls.
盈利下降的公司對股息股東來說風險更大。如果收益下降,該公司被迫削減股息,投資者可能會眼睜睜地看著他們的投資價值化為烏有。考慮到這一點,我們對江秀克紐星包裝機械有限公司在過去五年中收益以每年9.0%的速度下降感到不安。當每股收益下降時,可以支付的最高股息金額也會下降。
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Jiangsu Newamstar Packaging MachineryLtd's dividend payments are broadly unchanged compared to where they were six years ago. If a company's dividend stays flat while earnings are in decline, this is typically a sign that it is paying out a larger percentage of its earnings. This can become unsustainable if earnings fall far enough.
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。江秀克新星包裝機械有限公司的股息支付與六年前基本持平。如果一家公司的股息持平,而收益卻在下降,這通常是一個跡象,表明它正在支付更大比例的收益。如果收入下降到足夠大的程度,這可能會變得不可持續。
To Sum It Up
總結一下
Is Jiangsu Newamstar Packaging MachineryLtd an attractive dividend stock, or better left on the shelf? Earnings per share have been in decline, which is not encouraging. What's more, Jiangsu Newamstar Packaging MachineryLtd is paying out a majority of its earnings and over half its free cash flow. It's hard to say if the business has the financial resources and time to turn things around without cutting the dividend. It's not that we think Jiangsu Newamstar Packaging MachineryLtd is a bad company, but these characteristics don't generally lead to outstanding dividend performance.
江秀克新星包裝機械有限公司是一隻有吸引力的分紅股票,還是更好地被束之高閣?每股收益一直在下降,這並不令人鼓舞。更重要的是,江秀克新星包裝機械有限公司正在支付其大部分收益和超過一半的自由現金流。很難說這家公司是否有財力和時間在不削減股息的情況下扭虧為盈。這並不是說我們認為江秀克新星包裝機械有限公司是一家糟糕的公司,但這些特點通常不會導致出色的股息表現。
With that being said, if you're still considering Jiangsu Newamstar Packaging MachineryLtd as an investment, you'll find it beneficial to know what risks this stock is facing. In terms of investment risks, we've identified 3 warning signs with Jiangsu Newamstar Packaging MachineryLtd and understanding them should be part of your investment process.
話雖如此,如果你還在考慮投資江秀克紐星包裝機械有限公司,你會發現瞭解這只股票面臨的風險是有益的。在投資風險方面,我們已經確定了三個警告信號與江秀克Newamstar包裝機械有限公司合作,並瞭解他們,這應該是您投資過程的一部分。
A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks.
一個常見的投資錯誤是購買你看到的第一隻有趣的股票。在這裡你可以找到高收益股息股的完整名單。
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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.
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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。