It Might Not Be A Great Idea To Buy Jiangsu NanFang Precision Co.,Ltd. (SZSE:002553) For Its Next Dividend
It Might Not Be A Great Idea To Buy Jiangsu NanFang Precision Co.,Ltd. (SZSE:002553) For Its Next Dividend
Jiangsu NanFang Precision Co.,Ltd. (SZSE:002553) is about to trade ex-dividend in the next 2 days. 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. Thus, you can purchase Jiangsu NanFang PrecisionLtd's shares before the 24th of May in order to receive the dividend, which the company will pay on the 24th of May.
南方精工股份有限公司(SZSE:002553)将于未来2天交易除权。除权日是公司股权登记日的前一个营业日,即公司确定哪些股东有权获得分红的日期。除权日期很重要,因为结算过程需要两个完整的营业日。因此,如果您没能在那个日期前买入该公司股票,则不会在股权登记日出现在公司的股东名册上。因此,您可以在5月24日之前购买南方精工的股票以获得分红,公司将在5月24日支付分红。
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. Looking at the last 12 months of distributions, Jiangsu NanFang PrecisionLtd has a trailing yield of approximately 0.9% on its current stock price of CN¥10.75. If you buy this business for its dividend, you should have an idea of whether Jiangsu NanFang PrecisionLtd's dividend is reliable and sustainable. As a result, readers should always check whether Jiangsu NanFang PrecisionLtd has been able to grow its dividends, or if the dividend might be cut.
该公司的下一个分红将为每股人民币0.10元,去年该公司向股东共支付了人民币0.10元。从过去12个月的分红情况来看,南方精工的现金分红率约为0.9%,基于其当前股价人民币10.75元。如果您购买该业务以获得分红,您应该了解南方精工的分红是否可靠和可持续。因此,读者应该始终检查南方精工是否能够增加其分红,或者分红是否可能被削减。
Dividends are typically paid from company earnings. If a company pays more in dividends than it earned in profit, then the dividend could be unsustainable. Its dividend payout ratio is 87% of profit, which means the company is paying out a majority of its earnings. The relatively limited profit reinvestment could slow the rate of future earnings growth. We'd be concerned if earnings began to decline. 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. It paid out 86% of its free cash flow as dividends, which is within usual limits but will limit the company's ability to lift the dividend if there's no growth.
分红通常是从公司的盈利中支付的。如果公司支付的分红超过了其盈利,那么分红可能是不可持续的。其股息支付比率占利润的87%,这意味着公司支付了大部分收益。相对有限的利润再投资可能会降低未来收益增长的速度。如果收益开始下降,我们将感到担忧。然而,现金流比利润更重要,因此我们需要看看公司是否产生足够的现金来支付其分配。它支付了其自由现金流的86%作为股息,这在通常范围内,但如果没有增长,将限制公司提高分红的能力。
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现金流的覆盖是令人鼓舞的。这通常表明股息是可持续的,只要收益没有急剧下降。
Click here to see how much of its profit Jiangsu NanFang PrecisionLtd paid out over the last 12 months.
单击此处查看江苏南方精工在过去12个月中支付的利润总额。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240521/0-25ab7c453b205662cf73ca41e80920e6-0-9883ef170847db225faa1ae30e597fee.png/big)
Have Earnings And Dividends Been Growing?
收益和股息一直在增长吗?
Companies with falling earnings are riskier for dividend shareholders. If earnings fall far enough, the company could be forced to cut its dividend. With that in mind, we're discomforted by Jiangsu NanFang PrecisionLtd's 15% per annum decline in earnings in the past five years. When earnings per share fall, the maximum amount of dividends that can be paid also falls.
收益下降的公司对于分红股东来说更具风险性。如果收益下降得足够多,公司可能被迫削减其分红。考虑到这一点,我们对江苏南方精工过去五年中每年平均收益下降15%感到不安。当每股收益下降时,可以支付的最大股息金额也会下降。
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Jiangsu NanFang PrecisionLtd has seen its dividend decline 1.2% per annum on average over the past 10 years, which is not great to see.
衡量公司股息前景的另一个关键方法是测量其历史股息增长率。江苏南方精工过去10年中平均每年的股息下降了1.2%,这不是好的预兆。
To Sum It Up
总结一下
Is Jiangsu NanFang PrecisionLtd an attractive dividend stock, or better left on the shelf? While earnings per share are shrinking, it's encouraging to see that at least Jiangsu NanFang PrecisionLtd's dividend appears sustainable, with earnings and cashflow payout ratios that are within reasonable bounds. Overall it doesn't look like the most suitable dividend stock for a long-term buy and hold investor.
江苏南方精工是否具有吸引力的分红股票,还是应该放在架子上?虽然每股收益在下降,但令人鼓舞的是至少江苏南方精工的股息似乎是可持续的,其收益和现金流支付比率也在合理范围内。总体而言,它看起来不是长期买入和持有投资者最适合的分红股票。
Although, if you're still interested in Jiangsu NanFang PrecisionLtd and want to know more, you'll find it very useful to know what risks this stock faces. To that end, you should learn about the 4 warning signs we've spotted with Jiangsu NanFang PrecisionLtd (including 1 which makes us a bit uncomfortable).
尽管如此,如果你仍然对江苏南方精工感兴趣并想了解更多信息,了解这只股票面临的风险非常有用。为此,您应该了解我们已经发现的江苏南方精工的4个警示标志(包括使我们有点不舒服的标志)。
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.
一般来说,我们不建议仅仅购买第一个股息股票。下面是一个经过策划的有趣的、股息表现良好的股票清单。
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