There's A Lot To Like About Turning Point Brands' (NYSE:TPB) Upcoming US$0.07 Dividend
There's A Lot To Like About Turning Point Brands' (NYSE:TPB) Upcoming US$0.07 Dividend
It looks like Turning Point Brands, Inc. (NYSE:TPB) is about to go ex-dividend in the next 4 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. In other words, investors can purchase Turning Point Brands' shares before the 14th of June in order to be eligible for the dividend, which will be paid on the 5th of July.
據悉,Turning Point Brands, Inc.(紐交所:TPB)將於未來4天內進行分紅派息。通常,分紅日是記錄日的前一個工作日,記錄日是公司確定股東有資格獲得分紅的日期。分紅日是一個重要的日期,因爲在這個日期之後再購買該股可能意味着遲到的結算,不會顯示在記錄日上。換句話說,投資者可在6月14日之前購買Turning Point Brands的股票以獲得該股的分紅,而該股的分紅將於7月5日支付。
The company's next dividend payment will be US$0.07 per share, on the back of last year when the company paid a total of US$0.28 to shareholders. Looking at the last 12 months of distributions, Turning Point Brands has a trailing yield of approximately 0.9% on its current stock price of US$31.68. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.
公司的下一筆股息將爲每股0.07美元,去年,該公司向股東支付了總計0.28美元。回顧過去12個月的分紅,Turning Point Brands的股價爲31.68美元,回報率約爲0.9%。對於長揸者來說,分紅是投資回報的一個重要貢獻者,但前提是該公司能夠持續支付分紅。這就是爲什麼我們應該始終檢查股息支付是否可持續以及公司是否在增長。
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. Turning Point Brands has a low and conservative payout ratio of just 11% of its income after tax. A useful secondary check can be to evaluate whether Turning Point Brands generated enough free cash flow to afford its dividend. The good news is it paid out just 6.5% of its free cash flow in the last year.
通常,分紅通常來自公司利潤,因此,如果公司支付的金額超過其所賺取的金額,則其股息通常面臨更大的風險。Turning Point Brands的股息支付比率低且保守,僅佔其納稅後收入的11%。有用的第二個檢查可以評估Turning Point Brands是否產生足夠的自由現金流來支付其股息。好消息是,在過去的一年中,其自由現金流僅支付了6.5%的股息。
It's positive to see that Turning Point Brands'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.
令人欣慰的是,Turning Point Brands的股息既有盈利支持又有現金流支持,這通常是股息可持續的標誌,而較低的支付比率通常表明在削減股息之前有更大的安全邊際。
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。
Have Earnings And Dividends Been Growing?
收益和股息一直在增長嗎?
Companies with consistently growing earnings per share generally make the best dividend stocks, as they usually find it easier to grow dividends per share. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. For this reason, we're glad to see Turning Point Brands's earnings per share have risen 13% per annum over the last five years. Earnings per share have been growing rapidly and the company is retaining a majority of its earnings within the business. This will make it easier to fund future growth efforts and we think this is an attractive combination - plus the dividend can always be increased later.
一般來說,經常增長每股收益的公司通常會成爲最佳的股息股票,因爲它們通常更容易增加每股股息。如果收益下降,公司被迫削減股息,投資者的投資可能面臨風險。因此,我們很高興看到,在過去的五年中,Turning Point Brands的每股收益年增長率爲13%。每股收益一直在快速增長,並且公司將大部分收益留在企業中,使其更容易爲未來的增長努力提供資金,這具有吸引力的組合-此外股息始終可以在以後增加。
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Turning Point Brands has delivered 8.3% dividend growth per year on average over the past seven years. 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.
另一種衡量公司股息前景的關鍵方法是衡量其歷史股息增長率。過去7年,Turning Point Brands的股息年平均增長率爲8.3%。我們很高興看到在多年內,股息隨收益上升,這可能表明該公司打算與股東分享增長。
The Bottom Line
還有一件事需要注意的是,我們已經確定了上海醫藥的2個警告信號,了解這些信號應該成爲你的投資過程的一部分。
Should investors buy Turning Point Brands for the upcoming dividend? We love that Turning Point Brands is growing earnings per share while simultaneously paying out a low percentage of both its earnings and cash flow. These characteristics suggest the company is reinvesting in growing its business, while the conservative payout ratio also implies a reduced risk of the dividend being cut in the future. There's a lot to like about Turning Point Brands, and we would prioritise taking a closer look at it.
投資者應該購買Turning Point Brands以獲得即將付息的分紅嗎?我們很高興看到,Turning Point Brands的每股收益在增加,同時僅佔其收益和現金流的低百分比。這些特徵表明公司正在重新投資以發展業務,而保守的股息支付比率也表明股息未來被削減的風險降低。Turning Point Brands是一個非常有吸引力的公司,我們應該優先更加關注它。
On that note, you'll want to research what risks Turning Point Brands is facing. For example, we've found 1 warning sign for Turning Point Brands that we recommend you consider before investing in the business.
對此,您需要調查Turning Point Brands面臨的風險。例如,我們已經發現1個有關Turning Point Brands的警告信號,建議您在投資該公司之前對其進行考慮。
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。