Be Sure To Check Out Jiangsu Libert INC. (SHSE:605167) Before It Goes Ex-Dividend
Be Sure To Check Out Jiangsu Libert INC. (SHSE:605167) Before It Goes Ex-Dividend
Jiangsu Libert INC. (SHSE:605167) is about to trade ex-dividend in the next 3 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 of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Meaning, you will need to purchase Jiangsu Libert's shares before the 7th of June to receive the dividend, which will be paid on the 7th of June.
江苏飞凡股份有限公司(SHSE:605167)即将在未来3天内交易除息日。除息日是公司股权登记日的前一个营业日,也是公司确定哪些股东有权获得股息的日期。除息日之所以重要是因为每当股票被买入或卖出,交易需至少两个营业日才能结算。这意味着您需要在6月7日之前购买江苏飞凡的股票才能获得股息,股息将于6月7日支付。
The company's next dividend payment will be CN¥0.043 per share, and in the last 12 months, the company paid a total of CN¥0.043 per share. Calculating the last year's worth of payments shows that Jiangsu Libert has a trailing yield of 0.5% on the current share price of CN¥8.36. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. We need to see whether the dividend is covered by earnings and if it's growing.
公司的下一个股息支付将为每股CN¥0.043,在过去12个月中,公司每股支付了总计CN¥0.043。计算过去一年的股息支付显示,江苏飞凡的股息率为0.5%,基于当前股价为CN¥8.36。股息对于长期持有者来说是投资回报的主要贡献者,但前提是股息仍需继续支付。我们需要看到股息是否由收益覆盖,并且是否在增长。
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. Jiangsu Libert is paying out just 9.8% of its profit after tax, which is comfortably low and leaves plenty of breathing room in the case of adverse events. A useful secondary check can be to evaluate whether Jiangsu Libert generated enough free cash flow to afford its dividend. What's good is that dividends were well covered by free cash flow, with the company paying out 18% of its cash flow last year.
股息通常从公司利润中支出,因此,如果公司支付的股息超过其盈利,则其股息通常面临更大的被削减风险。江苏飞凡支付的税后利润仅占9.8%,这低得足够令人舒适,并且在不利情况下留有足够余地。一个有用的次要检查方法可以评估江苏飞凡是否产生足够的自由现金流来支付其股息。最好的情况是,股息得到自由现金流的充分覆盖,公司去年支付了18%的现金流量。
It's positive to see that Jiangsu Libert'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.
看到江苏飞凡的股息不仅被利润而且被现金流覆盖是积极的,因为这通常表明股息是可持续的,而较低的支付比率通常会在股息削减之前提供更大的安全保障。
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。
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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 business enters a downturn and the dividend is cut, the company could see its value fall precipitously. Fortunately for readers, Jiangsu Libert's earnings per share have been growing at 12% a year for the past five years. The company has managed to grow earnings at a rapid rate, while reinvesting most of the profits within the business. This will make it easier to fund future growth efforts and we think this is an attractive combination - plus the dividend can always be increased later.
在公司实现可持续收益增长的股票中,往往会出现最好的股息前景,因为在收益增长时提高股息更容易。如果业务进入低迷期并且股息被削减,则公司可能会看到其价值急剧下降。幸运的是,江苏飞凡的每股收益在过去五年中每年增长了12%。公司在业务内大量再投资利润的同时成功地实现了收益增长。这将使其更容易支持未来的增长计划,我们认为这是一个有吸引力的组合 - 另外股息总是可以随后增加。
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Jiangsu Libert's dividend payments per share have declined at 27% per year on average over the past three years, which is uninspiring. It's unusual to see earnings per share increasing at the same time as dividends per share have been in decline. We'd hope it's because the company is reinvesting heavily in its business, but it could also suggest business is lumpy.
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。江苏飞凡过去三年的每股股息支付平均下降了27%,这是令人失望的。看到每股收益增加而每股股息却下降,这是不寻常的。我们希望这是因为公司在大力再投资,但这也可能表明业务不稳定。
To Sum It Up
总结一下
Should investors buy Jiangsu Libert for the upcoming dividend? Jiangsu Libert has grown its earnings per share while simultaneously reinvesting in the business. Unfortunately it's cut the dividend at least once in the past three years, but the conservative payout ratio makes the current dividend look sustainable. Jiangsu Libert looks solid on this analysis overall, and we'd definitely consider investigating it more closely.
投资者是否应该购买江苏飞凡的即将到来的股息?江苏飞凡在继续再投资业务的同时增长了每股收益。不幸的是,在过去的三年中,它至少削减了一次股息,但保守的支付比率使当前的股息看起来是可持续的。总体而言,江苏飞凡在这项分析中看起来很稳健,我们一定会考虑仔细调查它。
Wondering what the future holds for Jiangsu Libert? See what the four analysts we track are forecasting, with this visualisation of its historical and future estimated earnings and cash flow
想知道江苏飞凡的未来如何?查看我们跟踪的四位分析师的预测,以及其历史和未来的估计收益和现金流的可视化。
A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks.
一个常见的投资错误是购买你看到的第一个有趣的股票。在这里,您可以找到高股息股票的完整列表。
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