Should Income Investors Look At Changzhou Galaxy Century Microelectronics Co.,Ltd. (SHSE:688689) Before Its Ex-Dividend?
Should Income Investors Look At Changzhou Galaxy Century Microelectronics Co.,Ltd. (SHSE:688689) Before Its Ex-Dividend?
Changzhou Galaxy Century Microelectronics Co.,Ltd. (SHSE:688689) stock is about to trade ex-dividend in 3 days. Typically, the ex-dividend date is one business day before the record date which is the date on which a company determines the shareholders eligible 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, Changzhou Galaxy Century MicroelectronicsLtd investors that purchase the stock on or after the 27th of May will not receive the dividend, which will be paid on the 27th of May.
長州銀河世紀微電子股份有限公司(SHSE:688689)股票將於3天后交易除權。一般來說,除淨日是紀錄日的前一個交易日,而紀錄日是公司確定股東有資格獲得分紅的日期。除淨日是一個很重要的日期,因爲在該日期之後買入該股票的任何交易可能意味着遲遲未能在紀錄日顯示。因此,長州銀河世紀微電子公司(Changzhou Galaxy Century MicroelectronicsLtd)的投資者如果在5月27日之後購買該股票,將無法獲得將於5月27日支付的分紅派息。
The company's next dividend payment will be CN¥0.2027 per share, and in the last 12 months, the company paid a total of CN¥0.20 per share. Based on the last year's worth of payments, Changzhou Galaxy Century MicroelectronicsLtd stock has a trailing yield of around 1.0% on the current share price of CN¥20.57. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. We need to see whether the dividend is covered by earnings and if it's growing.
該公司下一個股息支付將爲每股CN¥0.2027,在過去的12個月中,該公司每股支付了總共CN¥0.20。基於過去一年的支付金額,長州銀河世紀微電子公司的股票在當前股價CN¥20.57上的回報率約爲1.0%。股息是許多股東的重要收入來源,但公司的業務狀況對於維持這些股息至關重要。我們需要看看股息是否由收益覆蓋,以及它是否在增長。
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. Changzhou Galaxy Century MicroelectronicsLtd paid out a comfortable 37% of its profit last year. A useful secondary check can be to evaluate whether Changzhou Galaxy Century MicroelectronicsLtd generated enough free cash flow to afford its dividend. It distributed 46% of its free cash flow as dividends, a comfortable payout level for most companies.
通常情況下,分紅派息來自公司收入,因此,如果公司支付的超過所賺的,那麼它的股息通常更容易被削減。長州銀河世紀微電子有限公司去年支付的利潤佔了其利潤的舒適37%。一個有用的第二項檢查是評估長州銀河世紀微電子公司是否產生足夠的自由現金流來支付其股息。它將其自由現金流的46%作爲股息分配,這是大多數公司的舒適分配級別。
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.
看到股息既有盈利也有現金流的覆蓋是令人鼓舞的。這通常表明股息是可持續的,只要收益沒有急劇下降。
Click here to see how much of its profit Changzhou Galaxy Century MicroelectronicsLtd paid out over the last 12 months.
點擊此處以查看長州銀河世紀微電子股份有限公司過去12個月內支付的利潤金額。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240524/0-fdc50b8c5c78db63951d6c280372878f-0-93c820b4dbe8eb6fac77e5beee1b56f6.png/big)
Have Earnings And Dividends Been Growing?
收益和股息一直在增長嗎?
Companies that aren't growing their earnings can still be valuable, but it is even more important to assess the sustainability of the dividend if it looks like the company will struggle to grow. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. That explains why we're not overly excited about Changzhou Galaxy Century MicroelectronicsLtd's flat earnings over the past five years. Better than seeing them fall off a cliff, for sure, but the best dividend stocks grow their earnings meaningfully over the long run.
即使公司沒有增長收益,它們仍可以有價值,但如果公司即將陷入困境,評估分紅的可持續性則更爲重要。如果收益下降,公司被迫削減股息,投資者可能會看到他們的投資價值煙消雲散。這就是爲什麼我們對長州銀河世紀微電子有限公司過去五年來的收益沒有太多激情的原因。畢竟,比起墜崖,這還算好的。最好的股息股票在長期內有意義地增加其收益。
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Changzhou Galaxy Century MicroelectronicsLtd's dividend payments per share have declined at 7.2% per year on average over the past three years, which is uninspiring.
評估公司的股息前景的另一種關鍵方法是測量其歷史股息增長率。長州銀河世紀微電子股份有限公司的每股股息支付在過去三年平均下降了7.2%,這是令人沮喪的。
Final Takeaway
最後的結論
Is Changzhou Galaxy Century MicroelectronicsLtd an attractive dividend stock, or better left on the shelf? Earnings per share have been flat, although at least the company is paying out a low and conservative percentage of both its earnings and cash flow. It's definitely not great to see earnings falling, but at least there may be some buffer before the dividend gets cut. Overall, it's not a bad combination, but we feel that there are likely more attractive dividend prospects out there.
長州銀河世紀微電子股份有限公司是一隻有吸引力的股息股票,還是最好留在架子上?每股收益雖然保持平穩,但公司支付的利潤和現金流均爲較低和保守的百分比。看到收益下降當然不是好事,但是股息被削減前可能有一些緩衝。總的來說,並不是一個壞組合,但我們認爲可能有更具吸引力的股息前景。
In light of that, while Changzhou Galaxy Century MicroelectronicsLtd has an appealing dividend, it's worth knowing the risks involved with this stock. To that end, you should learn about the 3 warning signs we've spotted with Changzhou Galaxy Century MicroelectronicsLtd (including 1 which is significant).
因此,儘管長州銀河世紀微電子股份有限公司的股息有吸引力,但了解與該股票相關的風險是值得的。爲此,您應該了解我們發現的長州銀河世紀微電子股份有限公司的3個警告信號(其中一個是顯著的)。
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.
一般來說,我們不建議僅僅購買第一個股息股票。下面是一個經過策劃的有趣的、股息表現良好的股票清單。
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這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。