Hangzhou Zhengqiang Corporation Limited (SZSE:301119) Passed Our Checks, And It's About To Pay A CN¥0.10 Dividend
Hangzhou Zhengqiang Corporation Limited (SZSE:301119) Passed Our Checks, And It's About To Pay A CN¥0.10 Dividend
Readers hoping to buy Hangzhou Zhengqiang Corporation Limited (SZSE:301119) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date is one business day before a company's record date, which is the date on which the company determines which shareholders are entitled 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 Hangzhou Zhengqiang's shares before the 19th of June in order to be eligible for the dividend, which will be paid on the 19th of June.
如果讀者想要因分紅派息而購買杭州正強公司股票(SZSE:301119),則需儘快行動,因爲該股票即將進行除息交易。除息日是公司股東記錄日的一個工作日前,也就是公司確定哪些股東有權獲得紅利的日期。除息日非常重要,因爲結算過程需要兩個完整的工作日。換句話說,如果錯過了那天,你就不會在記錄日顯示在公司的賬簿上。言歸正傳,投資者可以在6月19日之前購買杭州正強股票以獲得分紅派息,該派息將於6月19日支付。
The company's next dividend payment will be CN¥0.10 per share, on the back of last year when the company paid a total of CN¥0.10 to shareholders. Based on the last year's worth of payments, Hangzhou Zhengqiang stock has a trailing yield of around 0.5% on the current share price of CN¥18.67. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. As a result, readers should always check whether Hangzhou Zhengqiang has been able to grow its dividends, or if the dividend might be cut.
該公司的下一個紅利支付爲每股人民幣0.10元,上一年公司向股東支付了總計人民幣0.10元。根據去年的支付情況,杭州正強股票在當前股價人民幣18.67元的基礎上具有約0.5%的股息收益。分紅派息對許多股東來說是重要的收入來源,但業務的健康狀況對於維持這些分紅也至關重要。因此,讀者應該始終檢查杭州正強是否能夠增加其分紅,或者分紅是否可能被減少。
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. Hangzhou Zhengqiang is paying out just 11% of its profit after tax, which is comfortably low and leaves plenty of breathing room in the case of adverse events. 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. Thankfully its dividend payments took up just 28% of the free cash flow it generated, which is a comfortable payout ratio.
通常,分紅是由公司利潤支付的,因此,如果公司支付的比其獲得的利潤還多,那麼其分紅通常面臨更大的風險。杭州正強支付的稅後利潤僅佔利潤的11%,這非常低,併爲不利事件預留了充分的餘地。確保考慮自由現金流是否足以支付其分配,因爲比利潤更重要。值得慶幸的是,其分紅支付僅佔其產生的自由現金流的28%,這是一個舒適的股息支付比率。點擊此處查看杭州正強在過去12個月中支付的利潤的總量。
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 Hangzhou Zhengqiang paid out over the last 12 months.
點擊此處查看杭州正強在過去12個月中支付的利潤的總量。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240616/0-f7741a9b5b1971050f6684475e39f283-0-0e228f6e29632d90fffbb018e5080b32.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 fall far enough, the company could be forced to cut its dividend. For this reason, we're glad to see Hangzhou Zhengqiang's earnings per share have risen 11% 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.
在公司實現可持續盈利增長的股票中,股息前景往往最佳,因爲隨着盈利的增長,提高股息更容易。如果收益下降到足夠低的程度,公司可能會被迫削減其股息。因此,我們很高興看到過去五年中,杭州正強每股盈利年增長率達11%。每股盈利迅速增長,並且公司正在保留大部分收益,這將使其更容易資助未來的增長努力。我們認爲這是一個有吸引力的組合,此外,股息隨後可以增加。
The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Hangzhou Zhengqiang has delivered 32% dividend growth per year on average over the past two years. It's great to see earnings per share growing rapidly over several years, and dividends per share growing right along with it.
大多數投資者評估公司股息前景的主要方法是檢查歷史股息增長率。杭州正強過去兩年平均每年提供32%的股息增長率。很高興看到每股收益在過去幾年中迅速增長,並且每股股息也隨之增長。
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 Hangzhou Zhengqiang for the upcoming dividend? Hangzhou Zhengqiang has been growing earnings at a rapid rate, and has a conservatively low payout ratio, implying that it is reinvesting heavily in its business; a sterling combination. There's a lot to like about Hangzhou Zhengqiang, and we would prioritise taking a closer look at it.
投資者是否應該購買即將到來的杭州正強股息?杭州正強的盈利增長迅速,股息支付比率保守低,意味着該公司正在密切重新投資其業務;由此可見這是一個絕佳的組合。杭州正強有很多值得喜歡的地方,我們會優先更深入地了解它。
With that in mind, a critical part of thorough stock research is being aware of any risks that stock currently faces. For example - Hangzhou Zhengqiang has 1 warning sign we think you should be aware of.
考慮到這一點,全面研究股票風險的關鍵部分是了解股票當前面臨的任何風險。例如-杭州正強有一個警告標誌,我們認爲您應該知曉。
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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
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.
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或電郵 editorial-team (at) simplywallst.com。
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。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者,也可以發送電子郵件至editorial-team@simplywallst.com