Read This Before Considering Hunan Zhongke Electric Co., Ltd. (SZSE:300035) For Its Upcoming CN¥0.15 Dividend
Read This Before Considering Hunan Zhongke Electric Co., Ltd. (SZSE:300035) For Its Upcoming CN¥0.15 Dividend
Hunan Zhongke Electric Co., Ltd. (SZSE:300035) stock is about to trade ex-dividend in 2 days. 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. 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. In other words, investors can purchase Hunan Zhongke Electric's shares before the 5th of June in order to be eligible for the dividend, which will be paid on the 5th of June.
湖南中科电气股票(SZSE:300035)将于2天后交易分红派息。通常,除息日为股权登记日前1个工作日,即公司确定股东有权获得分红的日期前1个工作日。除息日很重要,因为结算流程需要2个完整的工作日。因此,如果您错过了那个日期,在股权登记日您将不会出现在公司的账本上。换句话说,投资者可以在6月5日之前购买湖南中科电气的股票以有资格获得分红,分红将于6月5日支付。
The company's next dividend payment will be CN¥0.15 per share, on the back of last year when the company paid a total of CN¥0.15 to shareholders. Calculating the last year's worth of payments shows that Hunan Zhongke Electric has a trailing yield of 1.6% on the current share price of CN¥9.57. If you buy this business for its dividend, you should have an idea of whether Hunan Zhongke Electric's dividend is reliable and sustainable. As a result, readers should always check whether Hunan Zhongke Electric has been able to grow its dividends, or if the dividend might be cut.
该公司下个分红派息将为每股CN¥0.15,去年公司总共支付了CN¥0.15给股东。计算去年的股息付款,湖南中科电气在当前股价CN¥9.57上有1.6%的尾部收益率。如果您购买该业务是为了获得分红,您应该知道湖南中科电气的分红是否可靠和可持续。因此,读者应始终检查湖南中科电气是否能够增加其股息,或者股息是否可能被削减。
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. Hunan Zhongke Electric paid out more than half (54%) of its earnings last year, which is a regular payout ratio for most companies. A useful secondary check can be to evaluate whether Hunan Zhongke Electric generated enough free cash flow to afford its dividend. It distributed 26% of its free cash flow as dividends, a comfortable payout level for most companies.
股息通常是由公司利润支付的,因此,如果公司支付的股息超过了其赚取的利润,则其股息通常面临更大的削减风险。湖南中科电气去年支付了超过其收入的一半(54%),这是大多数公司的常规支付比率。有用的二次检查可以评估湖南中科电气是否产生足够的自由现金流以支付其股息。它将其自由现金流的26%分配为股息,这是大多数公司的舒适支付水平。
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 the company's payout ratio, plus analyst estimates of its future dividends.
点击此处查看公司的支付比率以及未来分红的分析师预期。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240602/0-3384ee494d7e12e5a5399f8f92f211a4-0-65790d52a7456f576a4f91584f36add6.png/big)
Have Earnings And Dividends Been Growing?
收益和股息一直在增长吗?
Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. With that in mind, we're encouraged by the steady growth at Hunan Zhongke Electric, with earnings per share up 3.1% on average over the last five years. 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.
产生可持续收益增长的公司的股票通常具有最好的股息前景,因为在收益增长时更容易提高股息。如果收益下降,公司被迫削减其股息,投资者可能会看到其投资价值烟消云散。考虑到这一点,我们对湖南中科电气的稳定增长感到鼓舞,其每股收益在过去五年平均增长率为3.1%。每股收益增长很少,公司已支付大部分收入。虽然在提高支付比率和再投资业务之间有一定的空间,但通常来说,支付比率越高,公司未来增长的前景就越低。
Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. Since the start of our data, 10 years ago, Hunan Zhongke Electric has lifted its dividend by approximately 6.9% a year on average. It's encouraging to see the company lifting dividends while earnings are growing, suggesting at least some corporate interest in rewarding shareholders.
许多投资者将通过评估股息支付在时间上的变化来评估公司的股息表现。自我们的数据开始以来,即10年前,湖南中科电气平均每年将其股息提高约6.9%。当公司的收益增长时提高股息令人鼓舞,这表明至少有一些公司有兴趣回报股东。
To Sum It Up
总结一下
From a dividend perspective, should investors buy or avoid Hunan Zhongke Electric? Earnings per share growth has been modest and Hunan Zhongke Electric paid out over half of its profits and less than half of its free cash flow, although both payout ratios are within normal limits. While it does have some good things going for it, we're a bit ambivalent and it would take more to convince us of Hunan Zhongke Electric's dividend merits.
从分红的角度来看,投资者应该买入湖南中科电气还是避免?每股收益增长率有限,湖南中科电气支付超过其利润的一半和自由现金流不足其一半,尽管这两个支付比率均在正常范围内。虽然它确实有一些好的特点,但我们还是有些矛盾,需要更多的证据来说服我们湖南中科电气的股息优点。
So while Hunan Zhongke Electric looks good from a dividend perspective, it's always worthwhile being up to date with the risks involved in this stock. In terms of investment risks, we've identified 2 warning signs with Hunan Zhongke Electric and understanding them should be part of your investment process.
因此,尽管从股息的角度来看,湖南中科电气看起来不错,但始终值得关注该股票存在的风险。在投资风险方面,我们已确定了2个警告信号,了解这些信号应该是您投资过程的一部分。
If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks.
如果你在寻找强劲的股息支付者,我们建议查看我们的顶级股息股票选择。
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