East China Engineering Science and Technology Co., Ltd. (SZSE:002140) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
East China Engineering Science and Technology Co., Ltd. (SZSE:002140) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
East China Engineering Science and Technology Co., Ltd. (SZSE:002140) is about to trade ex-dividend in the next four days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order 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, East China Engineering Science and Technology investors that purchase the stock on or after the 26th of June will not receive the dividend, which will be paid on the 26th of June.
東華科技(SZSE:002140)將於未來四天開始交易除權股息。除淨日是股東必須在公司賬簿上記錄以便獲得股息的日子,比除淨日早一天。如果在除淨日之後或在該日買入股票,可能會導致遲遲未能結算,無法在記錄日出現。因此,購買東華科技股票的投資者在6月26日之後購買的股票將不獲得分紅派息,該分紅將於6月26日支付。
The company's upcoming dividend is CN¥0.11 a share, following on from the last 12 months, when the company distributed a total of CN¥0.11 per share to shareholders. Last year's total dividend payments show that East China Engineering Science and Technology has a trailing yield of 1.4% on the current share price of CN¥7.96. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. As a result, readers should always check whether East China Engineering Science and Technology has been able to grow its dividends, or if the dividend might be cut.
該公司即將支付每股0.11元人民幣的股息,此前12個月,該公司向股東分配了總共0.11元人民幣的股息。去年總分紅額顯示,東華科技的股息回報率爲1.4%,基於當前的股價7.96元人民幣而言,長揸者的投資回報率主要取決於股息是否持續支付。因此,讀者應始終檢查東華科技是否能夠增加其股息,或股息是否可能被切割。
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. East China Engineering Science and Technology is paying out just 20% of its profit after tax, which is comfortably low and leaves plenty of breathing room in the case of adverse events. That said, even highly profitable companies sometimes might not generate enough cash to pay the dividend, which is why we should always check if the dividend is covered by cash flow. The good news is it paid out just 18% of its free cash flow in the last year.
分紅通常是根據公司利潤支付的,因此,如果公司的分配超過了其實際利潤,則其股息通常面臨更大的風險。東華科技僅支付其利潤稅後的20%,這充分低於平均水平,爲不良事件留下了足夠的緩衝餘地。話雖如此,即使利潤高企的公司有時也可能無法產生足夠的現金來支付股息,這就是爲什麼我們應始終檢查股息是否由現金流覆蓋的原因。好消息是,其上一年度的自由現金流的支付僅佔其自由現金流的18%。
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 East China Engineering Science and Technology paid out over the last 12 months.
單擊此處以查看東華科技在過去12個月中支付的利潤總額。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240622/0-f667e29927fca6592a0ea385f3eacb64-0-8ed0c1894351753aaa846c24fe139615.png/big)
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. Fortunately for readers, East China Engineering Science and Technology's earnings per share have been growing at 15% a year for the past 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.
通常收益不斷增長的公司會成爲最佳的股票分紅股,因爲它們通常更容易增加每股分紅。如果收益下降,公司被迫削減股息,投資者可能會看到其投資價值化爲烏有。值得慶幸的是,過去五年,東華科技的每股收益已經以15%的速度增長。每股收益增長迅速,公司將大部分收益保留在業務內,這將使其更容易資助未來的增長努力,我們認爲這是一種有吸引力的組合,而股息也可以在以後增加。
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. East China Engineering Science and Technology has delivered 10% dividend growth per year on average over the past 10 years. It's exciting to see that both earnings and dividends per share have grown rapidly over the past few years.
衡量公司股息前景的另一個關鍵方式是通過測量其歷史股息增長率。過去10年,東華科技的股息平均增長率爲10%。令人興奮的是,過去幾年來,每股收益和股息都迅速增長。
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 East China Engineering Science and Technology for the upcoming dividend? It's great that East China Engineering Science and Technology is growing earnings per share while simultaneously paying out a low percentage of both its earnings and cash flow. It's disappointing to see the dividend has been cut at least once in the past, but as things stand now, the low payout ratio suggests a conservative approach to dividends, which we like. It's a promising combination that should mark this company worthy of closer attention.
投資者是否應該購買即將到來的東華科技分紅?東華科技正在同時實現收益每股的增長,並支付低百分比的股息和現金流。過去曾有過分紅被切割的情況,但當前的低支付比率表明該公司對分紅採取保守態度,我們對此表示讚賞。這是一個有前途值得更近一步關注的有前景組合。
In light of that, while East China Engineering Science and Technology has an appealing dividend, it's worth knowing the risks involved with this stock. Every company has risks, and we've spotted 1 warning sign for East China Engineering Science and Technology you should know about.
鑑於東華科技具有吸引力的分紅,了解該股票所涉及的風險是很有必要的。每家公司都有風險,我們已經注意到了東華科技的1個警告信號,您應該知道。
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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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