Twin Disc, Incorporated (NASDAQ:TWIN) Stock Goes Ex-Dividend In Just Four Days
Twin Disc, Incorporated (NASDAQ:TWIN) Stock Goes Ex-Dividend In Just Four Days
It looks like Twin Disc, Incorporated (NASDAQ:TWIN) is about to go ex-dividend in the next four 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 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, Twin Disc investors that purchase the stock on or after the 17th of May will not receive the dividend, which will be paid on the 3rd of June.
看來Twin Disc, Incorporated(納斯達克股票代碼:TWIN)即將在未來四天內除息。除息日發生在記錄日期的前一天,即股東需要在公司賬簿上登記才能獲得股息的日子。除息日是需要注意的重要日期,因爲在該日期或之後購買的任何股票都可能意味着延遲結算,而結算日期並未顯示在記錄日期。因此,在5月17日當天或之後購買股票的雙盤投資者將不會獲得股息,股息將在6月3日支付。
The company's next dividend payment will be US$0.04 per share. Last year, in total, the company distributed US$0.16 to shareholders. Based on the last year's worth of payments, Twin Disc has a trailing yield of 1.0% on the current stock price of US$15.57. If you buy this business for its dividend, you should have an idea of whether Twin Disc's dividend is reliable and sustainable. As a result, readers should always check whether Twin Disc has been able to grow its dividends, or if the dividend might be cut.
該公司的下一次股息將爲每股0.04美元。去年,該公司總共向股東分配了0.16美元。根據去年的付款額,Twin Disc的尾隨收益率爲1.0%,而目前的股價爲15.57美元。如果你收購這家企業是爲了分紅,你應該知道Twin Disc的股息是否可靠和可持續。因此,讀者應始終檢查Twin Disc是否能夠增加其股息,或者是否可能削減股息。
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. Twin Disc is paying out just 5.5% of its profit after tax, which is comfortably low and leaves plenty of breathing room in the case of adverse events. 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 3.8% of its free cash flow as dividends last year, which is conservatively low.
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其利潤,那麼分紅可能是不可持續的。Twin Disc僅支付了其稅後利潤的5.5%,這相當低,爲不良事件留出了充足的喘息空間。話雖如此,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,這就是爲什麼我們應該始終檢查股息是否由現金流支付。去年,它將其自由現金流的3.8%作爲股息支付,保守地較低。
It's positive to see that Twin Disc'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.
可以肯定的是,Twin Disc的股息由利潤和現金流共同支付,因爲這通常表明股息是可持續的,而較低的派息率通常表明在削減股息之前有更大的安全餘地。
Click here to see how much of its profit Twin Disc paid out over the last 12 months.
點擊此處查看Twin Disc在過去12個月中支付了多少利潤。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240512/0-a34fd938cf0a0b8699518f68dfd8c416-0-cbc98c521201915c42d9ece899caeaaf.png/big)
Have Earnings And Dividends Been Growing?
收益和股息一直在增長嗎?
Businesses with shrinking earnings are tricky from a dividend perspective. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. So we're not too excited that Twin Disc's earnings are down 2.1% a year over the past five years.
從股息的角度來看,收益萎縮的企業很棘手。投資者喜歡分紅,因此,如果收益下降而股息減少,預計股票將同時被大量拋售。因此,我們對Twin Disc的收益在過去五年中每年下降2.1%並不感到興奮。
Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. Twin Disc has seen its dividend decline 7.8% per annum on average over the past 10 years, which is not great to see. While it's not great that earnings and dividends per share have fallen in recent years, we're encouraged by the fact that management has trimmed the dividend rather than risk over-committing the company in a risky attempt to maintain yields to shareholders.
許多投資者將通過評估股息支付在一段時間內發生了多大變化來評估公司的股息表現。在過去的10年中,Twin Disc的股息平均每年下降7.8%,這並不令人滿意。儘管近年來每股收益和股息下降並不好,但令我們感到鼓舞的是,管理層削減了股息,而不是冒險過度投入公司來維持股東收益率。
The Bottom Line
底線
Is Twin Disc an attractive dividend stock, or better left on the shelf? Twin Disc has comfortably low cash and profit payout ratios, which may mean the dividend is sustainable even in the face of a sharp decline in earnings per share. Still, we consider declining earnings to be a warning sign. All things considered, we are not particularly enthused about Twin Disc from a dividend perspective.
Twin Disc是有吸引力的股息股票,還是最好留在貨架上?Twin Disc的現金和利潤支付率非常低,這可能意味着即使面對每股收益的急劇下降,股息也是可持續的。儘管如此,我們仍認爲收益下降是一個警告信號。考慮到所有因素,從股息的角度來看,我們對Twin Disc並不是特別熱情。
Want to learn more about Twin Disc? Here's a visualisation of its historical rate of revenue and earnings growth.
想了解更多關於 Twin Disc 的信息嗎?這是其歷史收入和收益增長率的可視化。
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.
通常,我們不建議只購買你看到的第一隻股息股票。以下是精選的具有強大股息支付能力的有趣股票清單。
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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.
對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。