Should You Buy Ningbo Runhe High-Tech Materials Co., Ltd. (SZSE:300727) For Its Upcoming Dividend?
Should You Buy Ningbo Runhe High-Tech Materials Co., Ltd. (SZSE:300727) For Its Upcoming Dividend?
It looks like Ningbo Runhe High-Tech Materials Co., Ltd. (SZSE:300727) is about to go ex-dividend in the next couple of 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. Thus, you can purchase Ningbo Runhe High-Tech Materials' shares before the 23rd of May in order to receive the dividend, which the company will pay on the 23rd of May.
看來寧波潤和高新材料有限公司(SZSE: 300727)即將在未來幾天內除息。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,您可以在5月23日之前購買寧波潤和高新材料的股票,以獲得股息,該公司將在5月23日支付股息。
The company's next dividend payment will be CN¥0.20 per share, on the back of last year when the company paid a total of CN¥0.20 to shareholders. Looking at the last 12 months of distributions, Ningbo Runhe High-Tech Materials has a trailing yield of approximately 0.8% on its current stock price of CN¥25.03. 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 Ningbo Runhe High-Tech Materials 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0.20元人民幣,去年該公司向股東共支付了0.20元人民幣。從過去12個月的分配情況來看,寧波潤和高新材料的追蹤收益率約爲0.8%,而目前的股價爲25.03元人民幣。股息是長揸者投資回報的主要貢獻者,但前提是繼續支付股息。因此,讀者應經常檢查寧波潤和高新材料是否能夠增加股息,或者股息是否可能被削減。
Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. Ningbo Runhe High-Tech Materials paid out a comfortable 29% of its profit last year. 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 25% of its free cash flow as dividends last year, which is conservatively low.
股息通常從公司利潤中支付,因此,如果公司支付的股息超過其收入,則其股息被削減的風險通常更大。寧波潤和高新材料去年實現了可觀的29%的利潤。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。它去年將自由現金流的25%作爲股息支付,保守地較低。
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.
令人鼓舞的是,股息由利潤和現金流共同支付。這通常表明,只要收益不急劇下降,股息是可持續的。
Click here to see the company's payout ratio, plus analyst estimates of its future dividends.
點擊此處查看該公司的派息率,以及分析師對其未來股息的估計。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240521/0-a3e462a1459591fc9375bdac4acd401c-0-6911259e8fb37677b5548b8996fc0b39.png/big)
Have Earnings And Dividends Been Growing?
收益和股息一直在增長嗎?
Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. This is why it's a relief to see Ningbo Runhe High-Tech Materials earnings per share are up 5.5% per annum over the last five years. The company is retaining more than half of its earnings within the business, and it has been growing earnings at a decent rate. We think this is generally an attractive combination, as dividends can grow through a combination of earnings growth and or a higher payout ratio over time.
實現可持續收益增長的公司的股票通常具有最佳的股息前景,因爲當收益上升時,更容易提高股息。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。這就是爲什麼寧波潤和高新材料在過去五年中每股收益每年增長5.5%令人欣慰的原因。該公司將一半以上的收益保留在業務中,並且收益一直在以可觀的速度增長。我們認爲這通常是一個有吸引力的組合,因爲隨着時間的推移,收益增長和/或更高的派息率相結合,股息可以增長。
Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. In the last six years, Ningbo Runhe High-Tech Materials has lifted its dividend by approximately 17% a year on average. We're glad to see dividends rising alongside earnings over a number of years, which may be a sign the company intends to share the growth with 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。在過去的六年中,寧波潤和高新材料平均每年將股息提高約17%。我們很高興看到多年來股息隨着收益的增長而增加,這可能表明該公司打算與股東分享增長。
To Sum It Up
總結一下
Is Ningbo Runhe High-Tech Materials an attractive dividend stock, or better left on the shelf? Earnings per share have been growing moderately, and Ningbo Runhe High-Tech Materials is paying out less than half its earnings and cash flow as dividends, which is an attractive combination as it suggests the company is investing in growth. We would prefer to see earnings growing faster, but the best dividend stocks over the long term typically combine significant earnings per share growth with a low payout ratio, and Ningbo Runhe High-Tech Materials is halfway there. There's a lot to like about Ningbo Runhe High-Tech Materials, and we would prioritise taking a closer look at it.
寧波潤和高新材料是有吸引力的股息股票,還是最好留在架子上?每股收益一直在溫和增長,寧波潤和高新材料將不到一半的收益和現金流作爲股息支付,這是一個有吸引力的組合,因爲它表明該公司正在投資增長。我們希望看到收益更快地增長,但從長遠來看,最好的股息股票通常將可觀的每股收益增長與較低的派息率相結合,而寧波潤和高新材料則處於其中的一半。寧波潤和高新材料有很多值得喜歡的地方,我們會優先仔細研究一下。
While it's tempting to invest in Ningbo Runhe High-Tech Materials for the dividends alone, you should always be mindful of the risks involved. We've identified 2 warning signs with Ningbo Runhe High-Tech Materials (at least 1 which is significant), and understanding these should be part of your investment process.
雖然投資寧波潤和高新材料僅僅是爲了分紅很誘人,但您應該時刻注意所涉及的風險。我們已經確定了寧波潤和高新材料的兩個警告信號(至少一個是重要的),了解這些信號應該是您投資過程的一部分。
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.
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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。