There's A Lot To Like About Patrick Industries' (NASDAQ:PATK) Upcoming US$0.55 Dividend
There's A Lot To Like About Patrick Industries' (NASDAQ:PATK) Upcoming US$0.55 Dividend
Readers hoping to buy Patrick Industries, Inc. (NASDAQ:PATK) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. 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. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. In other words, investors can purchase Patrick Industries' shares before the 24th of November in order to be eligible for the dividend, which will be paid on the 11th of December.
希望收购帕特里克工业公司(纳斯达克股票代码:PATK)以获得股息的读者将需要尽快采取行动,因为该股即将进行除息交易。通常,除息日是记录日期之前的一个工作日,即公司确定有资格获得股息的股东的日期。注意除息日很重要,因为股票的任何交易都需要在记录日期当天或之前结算。换句话说,投资者可以在11月24日之前购买帕特里克工业公司的股票,以获得将于12月11日支付的股息。
The company's next dividend payment will be US$0.55 per share, and in the last 12 months, the company paid a total of US$1.80 per share. Last year's total dividend payments show that Patrick Industries has a trailing yield of 2.1% on the current share price of $84.93. If you buy this business for its dividend, you should have an idea of whether Patrick Industries's dividend is reliable and sustainable. So we need to investigate whether Patrick Industries can afford its dividend, and if the dividend could grow.
该公司的下一次股息将为每股0.55美元,在过去的12个月中,该公司共支付每股1.80美元。去年的股息支付总额显示,帕特里克工业公司目前的股价为84.93美元,其收益率为2.1%。如果你为了分红而收购这家企业,你应该知道帕特里克工业公司的股息是否可靠和可持续。因此,我们需要调查帕特里克工业公司能否负担得起股息,以及股息能否增长。
View our latest analysis for Patrick Industries
查看我们对帕特里克工业的最新分析
If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. Patrick Industries paid out a comfortable 26% of its profit last year. A useful secondary check can be to evaluate whether Patrick Industries generated enough free cash flow to afford its dividend. Luckily it paid out just 9.8% of its free cash flow last year.
如果一家公司支付的股息多于其收入,那么分红可能会变得不可持续,这并不是一个理想的情况。去年,帕特里克工业公司支付了其利润的26%。评估帕特里克工业公司是否产生了足够的自由现金流来支付股息,这是一项有用的辅助检查。幸运的是,它去年仅支付了自由现金流的9.8%。
It's positive to see that Patrick Industries'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.
可以肯定的是,Patrick Industries的股息由利润和现金流共同支付,因为这通常表明股息是可持续的,而较低的派息率通常表明在削减股息之前有更大的安全余地。
Click here to see the company's payout ratio, plus analyst estimates of its future dividends.
点击此处查看该公司的派息率,以及分析师对其未来股息的估计。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20231119/0-e3749df4cafead64b437fe6ef89a5b6a-0-e9e105e18642f3fbbf1b20f85a0f7f65.png/big)
Have Earnings And Dividends Been Growing?
收益和股息一直在增长吗?
Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If earnings fall far enough, the company could be forced to cut its dividend. Fortunately for readers, Patrick Industries's earnings per share have been growing at 14% 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. Fast-growing businesses that are reinvesting heavily are enticing from a dividend perspective, especially since they can often increase the payout ratio later.
增长前景强劲的企业通常是最好的股息支付者,因为当每股收益改善时,更容易增加股息。如果收益下降得足够多,该公司可能被迫削减股息。对于读者来说,幸运的是,帕特里克工业公司的每股收益在过去五年中一直以每年14%的速度增长。每股收益一直在快速增长,该公司将大部分收益保留在业务中。从股息的角度来看,进行大量再投资的快速增长的企业很有吸引力,尤其是因为它们通常可以在以后提高派息率。
The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. In the last four years, Patrick Industries has lifted its dividend by approximately 16% a year on average. Both per-share earnings and dividends have both been growing rapidly in recent times, which is great to see.
大多数投资者评估公司股息前景的主要方法是检查历史股息增长率。在过去的四年中,帕特里克工业公司的股息平均每年提高约16%。最近,每股收益和股息都迅速增长,很高兴看到。
Final Takeaway
最后的外卖
Is Patrick Industries an attractive dividend stock, or better left on the shelf? We love that Patrick Industries 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. Overall we think this is an attractive combination and worthy of further research.
帕特里克工业公司是有吸引力的股息股,还是最好留在货架上?我们喜欢 Patrick Industries 在增加每股收益的同时,支付的收益和现金流比例却很低。这些特征表明该公司正在对业务发展进行再投资,而保守的派息率也意味着未来削减股息的风险降低。总体而言,我们认为这是一个有吸引力的组合,值得进一步研究。
With that in mind, a critical part of thorough stock research is being aware of any risks that stock currently faces. Our analysis shows 4 warning signs for Patrick Industries and you should be aware of these before buying any shares.
考虑到这一点,全面的股票研究的关键部分是意识到股票目前面临的任何风险。我们的分析显示,Patrick Industries面临4个警告信号,在购买任何股票之前,您应该注意这些信号。
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.
通常,我们不建议只购买你看到的第一只股息股票。以下是精选的具有强大股息支付能力的有趣股票清单。
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.
对这篇文章有反馈吗?对内容感到担忧?直接联系我们。 或者,给编辑团队 (at) simplywallst.com 发送电子邮件。
Simply Wall St的这篇文章本质上是笼统的。我们仅使用公正的方法根据历史数据和分析师的预测提供评论,我们的文章无意作为财务建议。它不构成买入或卖出任何股票的建议,也没有考虑到您的目标或财务状况。我们的目标是为您提供由基本数据驱动的长期重点分析。请注意,我们的分析可能不考虑最新的价格敏感型公司公告或定性材料。简而言之,华尔街没有持有任何上述股票的头寸。