Ferguson Plc (NYSE:FERG) Passed Our Checks, And It's About To Pay A US$0.79 Dividend
Ferguson Plc (NYSE:FERG) Passed Our Checks, And It's About To Pay A US$0.79 Dividend
Ferguson plc (NYSE:FERG) stock is about to trade ex-dividend in 4 days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the 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. This means that investors who purchase Ferguson's shares on or after the 14th of June will not receive the dividend, which will be paid on the 31st of July.
Ferguson股票(NYSE:FERG)將於4天后開始收取分紅。 分紅日通常設置爲記錄日之前一個工作日,記錄日是您必須在公司股東名冊上出現的截止日期,以便收到分紅。 分紅日很重要,因爲結算流程需要兩個工作日。 因此,如果您錯過了那個日期,您將不會在記錄日出現在公司的股權清單上。 這意味着在6月14日或之後購買Ferguson股票的投資者將無法收到7月31日支付的股息。
The company's upcoming dividend is US$0.79 a share, following on from the last 12 months, when the company distributed a total of US$3.16 per share to shareholders. Based on the last year's worth of payments, Ferguson has a trailing yield of 1.6% on the current stock price of US$198.68. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to check whether the dividend payments are covered, and if earnings are growing.
該公司即將派息0.79美元/股,連續12個月來,該公司向股東分配總共3.16美元/股。 基於過去一年的分紅金額,對於當前股價198.68美元,Ferguson的回報率爲1.6%。 分紅對許多股東來說是一種重要的收入來源,但業務的健康狀況對於維持這些分紅至關重要。 因此,我們需要檢查是否覆蓋了股息支付,並且收益是否在增長。
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. Ferguson paid out a comfortable 34% of its profit last year. Yet cash flows are even more important than profits for assessing a dividend, so we need to see if the company generated enough cash to pay its distribution. Fortunately, it paid out only 30% of its free cash flow in the past year.
分紅通常從公司利潤中支付,因此,如果公司支付的金額超過了其盈利金額,則其股息通常面臨更大的風險。上年度Ferguson支付的盈利中有34%爲股息。但是,現金流比利潤更重要,以評估股息,因此我們需要看看公司是否產生了足夠的現金來支付其分配。幸運的是,過去一年中,它僅支付了其自由現金流的30%。
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/7781/20240609/0-424a81cc5af8dfae8971e032beebce95-0-e1f40bae92d0140ec0fc7315a1e22282.png/big)
Have Earnings And Dividends Been Growing?
收益和股息一直在增長嗎?
Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. It's encouraging to see Ferguson has grown its earnings rapidly, up 21% a year for the past five years. Ferguson is paying out less than half its earnings and cash flow, while simultaneously growing earnings per share at a rapid clip. Companies with growing earnings and low payout ratios are often the best long-term dividend stocks, as the company can both grow its earnings and increase the percentage of earnings that it pays out, essentially multiplying the dividend.
通常營收前景強勁的企業是最好的股息付款人,因爲在每股收益改善時增長股息更容易。投資者喜歡股息,所以如果收益下降並且股息減少,預計股票將遭到大量拋售。值得鼓勵的是,Ferguson過去5年的收益每年增長21%。Ferguson只支付了不到一半的收益和現金流,同時以快速的速度增長每股收益。增長收益且支付比率較低的公司往往是長期股息股票中最好的公司,因爲公司可以增長其收益並增加支付出的收益百分比,實際上將股息乘以倍數。
The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Ferguson's dividend payments are broadly unchanged compared to where they were 10 years ago.
大多數投資者評估公司股息前景的主要方式是檢查股息增長的歷史率。與10年前相比,Ferguson的股息支付基本沒有變化。
Final Takeaway
最後的結論
Should investors buy Ferguson for the upcoming dividend? Ferguson has grown its earnings per share while simultaneously reinvesting in the business. Unfortunately it's cut the dividend at least once in the past 10 years, but the conservative payout ratio makes the current dividend look sustainable. There's a lot to like about Ferguson, and we would prioritise taking a closer look at it.
投資者應該購買即將到來的Ferguson分紅嗎?Ferguson在同時重新投資業務的同時增加了每股收益。不幸的是,它在過去10年中至少削減了一次股息,但保守的派息比率使得當前的股息看起來是可持續的。有很多喜歡Ferguson的地方,我們會優先考慮仔細研究它。
While it's tempting to invest in Ferguson for the dividends alone, you should always be mindful of the risks involved. Every company has risks, and we've spotted 2 warning signs for Ferguson you should know about.
雖然僅僅因爲Ferguson具有分紅而投資Ferguson很具有吸引力,但您應該時刻注意涉及的風險。每家公司都有風險,我們已經發現Ferguson的2個警告信號,您應該知道。
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。