Read This Before Considering Hunan Zhongke Electric Co., Ltd. (SZSE:300035) For Its Upcoming CN¥0.15 Dividend
Read This Before Considering Hunan Zhongke Electric Co., Ltd. (SZSE:300035) For Its Upcoming CN¥0.15 Dividend
Hunan Zhongke Electric Co., Ltd. (SZSE:300035) stock is about to trade ex-dividend in 2 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 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 Hunan Zhongke Electric's shares before the 5th of June in order to be eligible for the dividend, which will be paid on the 5th of June.
湖南中科電氣股票(SZSE:300035)將於2天后交易分紅派息。通常,除息日爲股權登記日前1個工作日,即公司確定股東有權獲得分紅的日期前1個工作日。除息日很重要,因爲結算流程需要2個完整的工作日。因此,如果您錯過了那個日期,在股權登記日您將不會出現在公司的賬本上。換句話說,投資者可以在6月5日之前購買湖南中科電氣的股票以有資格獲得分紅,分紅將於6月5日支付。
The company's next dividend payment will be CN¥0.15 per share, on the back of last year when the company paid a total of CN¥0.15 to shareholders. Calculating the last year's worth of payments shows that Hunan Zhongke Electric has a trailing yield of 1.6% on the current share price of CN¥9.57. If you buy this business for its dividend, you should have an idea of whether Hunan Zhongke Electric's dividend is reliable and sustainable. As a result, readers should always check whether Hunan Zhongke Electric has been able to grow its dividends, or if the dividend might be cut.
該公司下個分紅派息將爲每股CN¥0.15,去年公司總共支付了CN¥0.15給股東。計算去年的股息付款,湖南中科電氣在當前股價CN¥9.57上有1.6%的尾部收益率。如果您購買該業務是爲了獲得分紅,您應該知道湖南中科電氣的分紅是否可靠和可持續。因此,讀者應始終檢查湖南中科電氣是否能夠增加其股息,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. Hunan Zhongke Electric paid out more than half (54%) of its earnings last year, which is a regular payout ratio for most companies. A useful secondary check can be to evaluate whether Hunan Zhongke Electric generated enough free cash flow to afford its dividend. It distributed 26% of its free cash flow as dividends, a comfortable payout level for most companies.
股息通常是由公司利潤支付的,因此,如果公司支付的股息超過了其賺取的利潤,則其股息通常面臨更大的削減風險。湖南中科電氣去年支付了超過其收入的一半(54%),這是大多數公司的常規支付比率。有用的二次檢查可以評估湖南中科電氣是否產生足夠的自由現金流以支付其股息。它將其自由現金流的26%分配爲股息,這是大多數公司的舒適支付水平。
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 the company's payout ratio, plus analyst estimates of its future dividends.
點擊此處查看公司的支付比率以及未來分紅的分析師預期。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240602/0-3384ee494d7e12e5a5399f8f92f211a4-0-65790d52a7456f576a4f91584f36add6.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. 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 encouraged by the steady growth at Hunan Zhongke Electric, with earnings per share up 3.1% on average over the last five years. Earnings per share growth has been slim, and the company is already paying out a majority of its earnings. While there is some room to both increase the payout ratio and reinvest in the business, generally the higher a payout ratio goes, the lower a company's prospects for future growth.
產生可持續收益增長的公司的股票通常具有最好的股息前景,因爲在收益增長時更容易提高股息。如果收益下降,公司被迫削減其股息,投資者可能會看到其投資價值煙消雲散。考慮到這一點,我們對湖南中科電氣的穩定增長感到鼓舞,其每股收益在過去五年平均增長率爲3.1%。每股收益增長很少,公司已支付大部分收入。雖然在提高支付比率和再投資業務之間有一定的空間,但通常來說,支付比率越高,公司未來增長的前景就越低。
Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. Since the start of our data, 10 years ago, Hunan Zhongke Electric has lifted its dividend by approximately 6.9% a year on average. It's encouraging to see the company lifting dividends while earnings are growing, suggesting at least some corporate interest in rewarding shareholders.
許多投資者將通過評估股息支付在時間上的變化來評估公司的股息表現。自我們的數據開始以來,即10年前,湖南中科電氣平均每年將其股息提高約6.9%。當公司的收益增長時提高股息令人鼓舞,這表明至少有一些公司有興趣回報股東。
To Sum It Up
總結一下
From a dividend perspective, should investors buy or avoid Hunan Zhongke Electric? Earnings per share growth has been modest and Hunan Zhongke Electric paid out over half of its profits and less than half of its free cash flow, although both payout ratios are within normal limits. While it does have some good things going for it, we're a bit ambivalent and it would take more to convince us of Hunan Zhongke Electric's dividend merits.
從分紅的角度來看,投資者應該買入湖南中科電氣還是避免?每股收益增長率有限,湖南中科電氣支付超過其利潤的一半和自由現金流不足其一半,儘管這兩個支付比率均在正常範圍內。雖然它確實有一些好的特點,但我們還是有些矛盾,需要更多的證據來說服我們湖南中科電氣的股息優點。
So while Hunan Zhongke Electric looks good from a dividend perspective, it's always worthwhile being up to date with the risks involved in this stock. In terms of investment risks, we've identified 2 warning signs with Hunan Zhongke Electric and understanding them should be part of your investment process.
因此,儘管從股息的角度來看,湖南中科電氣看起來不錯,但始終值得關注該股票存在的風險。在投資風險方面,我們已確定了2個警告信號,了解這些信號應該是您投資過程的一部分。
If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks.
如果你在尋找強勁的股息支付者,我們建議查看我們的頂級股息股票選擇。
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