Read This Before Considering WD-40 Company (NASDAQ:WDFC) For Its Upcoming US$0.88 Dividend
Read This Before Considering WD-40 Company (NASDAQ:WDFC) For Its Upcoming US$0.88 Dividend
WD-40 Company (NASDAQ:WDFC) stock is about to trade ex-dividend in 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 important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Meaning, you will need to purchase WD-40's shares before the 18th of January to receive the dividend, which will be paid on the 31st of January.
WD-40 公司(纳斯达克股票代码:WDFC)的股票即将在四天后进行除息交易。除息日发生在记录日期的前一天,即股东需要在公司账簿上登记才能获得股息的日子。除息日很重要,因为任何股票交易都需要在记录日期之前结算才有资格获得股息。这意味着,您需要在1月18日之前购买 WD-40 的股票才能获得股息,股息将在1月31日支付。
The company's next dividend payment will be US$0.88 per share. Last year, in total, the company distributed US$3.52 to shareholders. Based on the last year's worth of payments, WD-40 stock has a trailing yield of around 1.3% on the current share price of $272.97. If you buy this business for its dividend, you should have an idea of whether WD-40's dividend is reliable and sustainable. So we need to investigate whether WD-40 can afford its dividend, and if the dividend could grow.
该公司的下一次股息将为每股0.88美元。去年,该公司总共向股东分配了3.52美元。根据去年的支付额,WD-40 股票的尾随收益率约为1.3%,而目前的股价为272.97美元。如果你收购这家企业是为了分红,你应该知道 WD-40 的股息是否可靠和可持续。因此,我们需要调查 WD-40 能否负担得起股息,以及股息是否可以增长。
Check out our latest analysis for WD-40
查看我们对 WD-40 的最新分析
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. WD-40 paid out 66% of its earnings to investors last year, a normal payout level for most businesses. A useful secondary check can be to evaluate whether WD-40 generated enough free cash flow to afford its dividend. Thankfully its dividend payments took up just 42% of the free cash flow it generated, which is a comfortable payout ratio.
股息通常从公司利润中支付,因此,如果公司支付的股息超过其收入,则其股息被削减的风险通常更大。去年,WD-40 向投资者支付了其收益的66%,这是大多数企业的正常支出水平。一种有用的辅助支票是评估 WD-40 是否产生了足够的自由现金流来支付其股息。值得庆幸的是,其股息支付仅占其产生的自由现金流的42%,这是一个不错的派息率。
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.
令人鼓舞的是,股息由利润和现金流共同支付。这通常表明,只要收益不急剧下降,股息是可持续的。
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分红的估计。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240113/0-1a868f302621149280680a12d32e2e06-0-b315872bd05b7a1c96869f04db484c01.png/big)
Have Earnings And Dividends Been Growing?
收益和股息一直在增长吗?
Stocks with flat earnings can still be attractive dividend payers, but it is important to be more conservative with your approach and demand a greater margin for safety when it comes to dividend sustainability. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. With that in mind, we're not enthused to see that WD-40's earnings per share have remained effectively flat over the past five years. It's better than seeing them drop, certainly, but over the long term, all of the best dividend stocks are able to meaningfully grow their earnings per share. Earnings per share growth has been slim, and the company is already paying out a majority of its earnings. While there is some room to both increase the payout ratio and reinvest in the business, generally the higher a payout ratio goes, the lower a company's prospects for future growth.
收益持平的股票仍然可以成为有吸引力的股息支付者,但重要的是要更加保守,在股息可持续性方面要求更大的安全余地。如果业务陷入低迷并削减股息,该公司的价值可能会急剧下降。考虑到这一点,我们并不热切地看到 WD-40 的每股收益在过去五年中实际上保持不变。当然,这比看到它们下跌要好,但从长远来看,所有最好的股息股票都能够有意义地增加每股收益。每股收益增长微弱,该公司已经支付了大部分收益。尽管在提高派息率和对业务进行再投资方面仍有一定的空间,但通常,派息率越高,公司的未来增长前景就越低。
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. In the past 10 years, WD-40 has increased its dividend at approximately 11% a year on average.
衡量公司股息前景的另一种关键方法是衡量其历史股息增长率。在过去的10年中,WD-40 的股息平均每年增加约11%。
Final Takeaway
最后的外卖
Is WD-40 an attractive dividend stock, or better left on the shelf? Earnings per share have been flat and WD-40's dividend payouts are within reasonable limits; without a sharp decline in earnings we feel that the dividend is likely somewhat sustainable. All things considered, we are not particularly enthused about WD-40 from a dividend perspective.
WD-40 是有吸引力的股息股票,还是最好留在货架上?每股收益持平,WD-40 的股息支出处于合理的范围内;如果收益没有急剧下降,我们认为分红可能在一定程度上是可持续的。综上所述,从股息的角度来看,我们对 WD-40 并不特别热情。
Ever wonder what the future holds for WD-40? See what the two analysts we track are forecasting, with this visualisation of its historical and future estimated earnings and cash flow
有没有想过 WD-40 的未来会怎样?通过此可视化其历史和未来的估计收益和现金流,看看我们追踪的两位分析师的预测
If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks.
如果您在市场上寻找强劲的股息支付者,我们建议您查看我们精选的顶级股息股票。
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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提供基于历史数据和分析师预测的评论,我们的文章并非旨在提供财务建议。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,我们的分析可能不会考虑最新的价格敏感型公司公告或定性材料。华尔街只是没有持有上述任何股票的头寸。