AVE Science&Technology CO.,LTD (SHSE:688067) Stock Goes Ex-Dividend In Just Three Days
AVE Science&Technology CO.,LTD (SHSE:688067) Stock Goes Ex-Dividend In Just Three Days
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see AVE Science&Technology CO.,LTD (SHSE:688067) is about to trade ex-dividend in the next three days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be eligible for a dividend payment. 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. Therefore, if you purchase AVE Science&TechnologyLTD's shares on or after the 4th of July, you won't be eligible to receive the dividend, when it is paid on the 4th of July.
簡單分析一下AVE科技(上海 688067)的現金分紅派息情況。公司的紅利支付日是7月4日,^除息日是7月3日。如果你在7月4日之前持有它,將有資格獲得紅利,要是錯過了這個日期,你將在除淨日舉牌而不會得到派發的股息。
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. Last year's total dividend payments show that AVE Science&TechnologyLTD has a trailing yield of 0.7% on the current share price of CN¥14.35. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. We need to see whether the dividend is covered by earnings and if it's growing.
獲得AVE科技(上海 688067)股票分紅的股東,每股可獲得CN¥0.10元派息,並且去年任意時間的ASIC芯片共有紅利支出CN¥0.1元。這表明該公司基於當期股價CN¥14.35元,派息的潛在回報率爲0.7%。派息是很多股東重要的收入來源,但企業盈利狀況對於保持派息至關重要,需要分析股息支付是否盈利及增長。
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. That's why it's good to see AVE Science&TechnologyLTD paying out a modest 28% of its earnings. Yet cash flow is typically more important than profit for assessing dividend sustainability, so we should always check if the company generated enough cash to afford its dividend. It distributed 37% of its free cash flow as dividends, a comfortable payout level for most companies.
分紅派息通常由公司盈利支付,因此,如果公司支付超過自身盈利的股息,通常其股息面臨的風險更大。AVE科技(上海 688067)支付的股息與其收益相比較低,爲28%。但自由現金流通常比盈利更重要,用於評估派發股息的可持續性,因此我們應該始終檢查該公司是否產生足夠的現金以支付其紅利。該公司支付的股息佔自由現金流的37%,對於大多數公司來說,這是一種舒適的支付水平。
It's positive to see that AVE Science&TechnologyLTD'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.
AVE科技(上海 688067)支付的股息由盈利和現金流覆蓋,這通常是該股息可持續的標誌,而通常較低的支付比率通常表明在股息被削減之前有更大的安全邊際。
Click here to see how much of its profit AVE Science&TechnologyLTD paid out over the last 12 months.
點擊這裏查看AVE科技在過去的12個月中支付了多少利潤。
![historic-dividend](https://usnewsfile.moomoo.com/public/MM-PersistNewsContentImage/7781/20240630/0-5f27ad52c86877e2087ff7c0623a5692-0-14b8db0afe6f696c12f75cf9e954b289.png/big)
Have Earnings And Dividends Been Growing?
收益和股息一直在增長嗎?
Companies with falling earnings are riskier for dividend shareholders. 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 discomforted by AVE Science&TechnologyLTD's 7.6% per annum decline in earnings in the past five years. Such a sharp decline casts doubt on the future sustainability of the dividend.
由於過去五年中AVE科技(上海 688067)收益下降了7.6%每年,因此收益下降的企業對於股息股東而言風險更高。如果盈利下降,公司被迫削減股息,則股東可能會看到投資價值付諸東流。這就是爲什麼我們對過去五年AVE科技的收益下降感到不安,這種急劇下降對於未來紅利的可持續性產生懷疑。
The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. AVE Science&TechnologyLTD's dividend payments per share have declined at 42% per year on average over the past two years, which is uninspiring. It's never nice to see earnings and dividends falling, but at least management has cut the dividend rather than potentially risk the company's health in an attempt to maintain it.
大多數投資者評估公司股息前景的主要方式是查看股息增長的歷史速率。AVE科技有限公司的每股股息支付在過去兩年平均下降了42%,這並不令人鼓舞。雖然看到盈利和股息下降從未是令人愉快的,但至少管理層削減了股息,而不是爲了維持股息而潛在地冒着損害公司健康的風險。
Final Takeaway
最後的結論
Should investors buy AVE Science&TechnologyLTD for the upcoming dividend? Earnings per share are down meaningfully, although at least the company is paying out a low and conservative percentage of both its earnings and cash flow. It's definitely not great to see earnings falling, but at least there may be some buffer before the dividend needs to be cut. All things considered, we are not particularly enthused about AVE Science&TechnologyLTD from a dividend perspective.
購買AVE科技(上海 688067)股票以獲取即將到來的股息嗎?每股收益下降,儘管該公司支付了低且保守的收益和現金流百分比。下降的股息肯定不是個好兆頭,但至少在削減股息之前可能會有一些緩衝區。綜上所述,我們對AVE Science&TechnologyLTD的股息前景並不特別感興趣。
So while AVE Science&TechnologyLTD looks good from a dividend perspective, it's always worthwhile being up to date with the risks involved in this stock. For example, we've found 3 warning signs for AVE Science&TechnologyLTD (1 is significant!) that deserve your attention before investing in the shares.
股息雖然在AVE科技(上海 688067)看上去不錯,但了解該股票所涉及的風險仍然是值得的。例如,我們發現AVE科技目前存在3個警告信號,其中1個是重要的!在投資股票之前需要予以關注。
A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks.
一個常見的投資錯誤是購買你看到的第一個有趣的股票。在這裏,您可以找到高股息股票的完整列表。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或電郵 editorial-team (at) simplywallst.com。
這篇文章是Simply Wall St的一般性文章。我們根據歷史數據和分析師預測提供評論,只使用公正的方法論,我們的文章並不意味着提供任何金融建議。文章不構成買賣任何股票的建議,也不考慮您的目標或您的財務狀況。我們的目標是帶給您基本數據驅動的長期關注分析。請注意,我們的分析可能不考慮最新的價格敏感公司公告或定性材料。Simply Wall St沒有任何股票頭寸。
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
對本文有反饋?關於內容有所顧慮?直接和我們聯繫。或者,也可以發送電子郵件至editorial-team@simplywallst.com