Income Investors Should Know That Broadcom Inc. (NASDAQ:AVGO) Goes Ex-Dividend Soon
Income Investors Should Know That Broadcom Inc. (NASDAQ:AVGO) Goes Ex-Dividend Soon
Broadcom Inc. (NASDAQ:AVGO) stock is about to trade ex-dividend in two days. The ex-dividend date is usually set to be one business day before the record date which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the 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. Accordingly, Broadcom investors that purchase the stock on or after the 24th of June will not receive the dividend, which will be paid on the 28th of June.
博通公司(纳斯达克:AVGO)股票将于两天后开始交易。股权除息日通常设定在股权登记日前一个工作日,即您必须在股权登记日之前出现在公司股东名册上,才能收到分红派息。因此,重要的是要注意股权除息日,因为任何在股权登记日之前或之后的交易都必须在该日或之前结算。据此,在6月24日或之后购买博通股票的投资者将不会收到于6月28日支付的分红派息。
The company's next dividend payment will be US$5.25 per share, and in the last 12 months, the company paid a total of US$21.00 per share. Calculating the last year's worth of payments shows that Broadcom has a trailing yield of 1.2% on the current share price of US$1734.56. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.
该公司下一次的分红派息将为每股5.25美元,过去12个月,该公司每股已支付总计21.00美元。计算过去一年的派息金额显示,博通的尾盈率为1.2%,即在当前每股价格1734.56美元的情况下。对于长期投资者而言,分红派息是投资回报的重要贡献者,但前提必须是分红派息必须持续支付。因此,我们应该始终检查分红派息是否持续支付,并且公司是否在增长。
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. 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 worried about the risk of a drop in earnings. 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. Thankfully its dividend payments took up just 47% of the free cash flow it generated, which is a comfortable payout ratio.
分红派息通常从公司利润中支付,因此,如果公司支付的分红派息高于净利润,那么其分红派息通常面临更大的风险。该公司的分红派息占净利润的比率为87%,这意味着公司支付出了大部分的收益。相对有限的利润再投资可能会减缓未来的收益增长速度。我们担心收益下降的风险。但是,自由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以支付分红派息。幸运的是,其分红派息只占其产生的自由现金流的47%,这是一个舒适的支付比率。
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.
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。

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 business enters a downturn and the dividend is cut, the company could see its value fall precipitously. Readers will understand then, why we're concerned to see Broadcom's earnings per share have dropped 5.7% a year over the past five years. Such a sharp decline casts doubt on the future sustainability of the dividend.
营收下滑的公司对于分红股东而言风险更大。如果业务进入衰退期并且分红被削减,公司的价值可能会迅速下跌。读者将理解,为什么我们对博通的每股收益在过去五年中年均下降5.7%感到担忧。如此急剧的下降使得该公司未来分红派息的可持续性受到怀疑。
The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. In the last nine years, Broadcom has lifted its dividend by approximately 32% a year on average. That's intriguing, but the combination of growing dividends despite declining earnings can typically only be achieved by paying out a larger percentage of profits. Broadcom is already paying out 87% of its profits, and with shrinking earnings we think it's unlikely that this dividend will grow quickly in the future.
大多数投资者评估公司的分红前景的主要方法是检查历史的分红增长率。过去九年,博通每年平均提高其分红约32%。这很有趣,但是尽管盈利下降,仍然增长的分红通常只能通过支付更高的利润占比来实现。博通已经支付了其87%的利润,随着营收的下降,我们认为该股票未来的分红增长速度不太可能很快。
To Sum It Up
总结一下
Is Broadcom worth buying for its dividend? We're not enthused by the declining earnings per share, although at least the company's payout ratio is within a reasonable range, meaning it may not be at imminent risk of a dividend cut. Overall we're not hugely bearish on the stock, but there are likely better dividend investments out there.
博通是否值得购买取决于它的分红。尽管公司的每股收益下降,但公司的分红派息占净利润的比率在合理范围内,这意味着它不太可能立即面临分红削减的风险。总体而言,我们并不非常看淡该股票,但很可能有更好的分红投资。
So if you want to do more digging on Broadcom, you'll find it worthwhile knowing the risks that this stock faces. To help with this, we've discovered 4 warning signs for Broadcom that you should be aware of before investing in their shares.
因此,如果您想深入了解博通,了解该股面临的风险可能会很有价值。为此,我们发现了博通面临的4个警告信号,您在购买该股票之前应该了解这些信号。
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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这篇文章是Simply Wall St的一般性文章。我们根据历史数据和分析师预测提供评论,只使用公正的方法论,我们的文章并不意味着提供任何金融建议。文章不构成买卖任何股票的建议,也不考虑您的目标或您的财务状况。我们的目标是带给您基本数据驱动的长期关注分析。请注意,我们的分析可能不考虑最新的价格敏感公司公告或定性材料。Simply Wall St没有任何股票头寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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