Just Four Days Till Argan, Inc. (NYSE:AGX) Will Be Trading Ex-Dividend
Just Four Days Till Argan, Inc. (NYSE:AGX) Will Be Trading Ex-Dividend
Readers hoping to buy Argan, Inc. (NYSE:AGX) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. 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 important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. This means that investors who purchase Argan's shares on or after the 23rd of July will not receive the dividend, which will be paid on the 31st of July.
如果讀者希望因股息而購買Argan, Inc. (紐交所:AGX) 的股票,他們需要儘快採取行動,因爲該公司股票即將除息交易。除息日是比股東登記日提前一天的日子,股東需要在股東登記日之前進入公司的賬簿才能獲得股息。除息日很重要,因爲任何股票交易必須在股東登記日之前結算,才有資格獲得股息。這意味着在7月23日或之後購買Argan的股票的投資者將無法獲得股息,股息將於7月31日支付。
The company's next dividend payment will be US$0.30 per share. Last year, in total, the company distributed US$1.20 to shareholders. Last year's total dividend payments show that Argan has a trailing yield of 1.6% on the current share price of US$76.50. 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.
該公司的下一個股息支付爲每股0.30美元。去年,該公司總共向股東分配了1.20美元的股息。去年的總分紅派息表明,Argan股票當前價格的回報率爲1.6%。分紅是許多股東的重要收入來源,但業務的健康狀況對於維持這些分紅至關重要。因此,我們需要檢查分紅支付是否得到覆蓋,以及收益是否在增長。
Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Argan paid out a comfortable 40% of its profit last year. 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. It paid out 12% of its free cash flow as dividends last year, which is conservatively low.
股息通常是從公司收入中支付的,因此,如果公司支付的金額超過了其盈利金額,其股息通常會面臨更高的風險。 Argan去年支付了其盈利的舒適40%的股息。儘管如此,即使盈利豐厚的公司有時也可能無法產生足夠的現金支付股息,這就是爲什麼我們總是要檢查股息是否得到現金流覆蓋的原因。去年,它支付了其自由現金流的12%作爲股息,這是保守的低。
It's positive to see that Argan'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.
看到Argan的分紅既受利潤也受現金流覆蓋,這是一個積極的跡象,因爲這通常意味着分紅是可持續的,而較低的股息支付比率通常意味着在股息減少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。
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Have Earnings And Dividends Been Growing?
收益和股息一直在增長嗎?
Companies with falling earnings are riskier for dividend shareholders. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. So we're not too excited that Argan's earnings are down 3.1% a year over the past five years.
收益下降的公司對分紅股東是更加危險的。股東喜歡股息,因此如果收益下降並且股息減少,預計股票將同時大幅拋售。因此,我們不是太興奮Argan的收益在過去五年中平均下降了3.1%。
Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. In the past 10 years, Argan has increased its dividend at approximately 4.8% a year on average.
許多投資者將通過評估分紅支付在多長時間內發生了變化來評估公司的股息表現。在過去的10年中,Argan股息平均每年增長約4.8%。
To Sum It Up
總結一下
Has Argan got what it takes to maintain its dividend payments? Earnings per share are down meaningfully, although at least the company is paying out a low and conservative percentage of both its earnings and cash flow. It's definitely not great to see earnings falling, but at least there may be some buffer before the dividend needs to be cut. Overall, it's not a bad combination, but we feel that there are likely more attractive dividend prospects out there.
Argan是否有能力維持其分紅支付?每股收益有顯著下降,儘管至少公司支付了低且保守的百分比的收益和現金流,這不是一個好的跡象。看到收益下降肯定不是太好,但至少在股息需要削減之前可能會有一些緩衝。總的來說,這不是一個壞的組合,但我們認爲可能會有更具吸引力的股息前景。
While it's tempting to invest in Argan for the dividends alone, you should always be mindful of the risks involved. Our analysis shows 1 warning sign for Argan and you should be aware of it before buying any shares.
儘管僅僅因爲股息而投資於Argan很誘人,但您始終應該注意涉及的風險。我們的分析表明,Argan存在1個警告信號,在購買任何股票之前您都應該知道。
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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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?對內容感到擔憂?請直接與我們聯繫。或者,發送電子郵件至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?對內容感到擔憂?請直接與我們聯繫。或者,發送電子郵件至editorial-team@simplywallst.com。