Donaldson Company, Inc. (NYSE:DCI) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Donaldson Company, Inc. (NYSE:DCI) Looks Like A Good Stock, And It's Going Ex-Dividend Soon
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Donaldson Company, Inc. (NYSE:DCI) is about to go ex-dividend in just 4 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. 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. In other words, investors can purchase Donaldson Company's shares before the 13th of August in order to be eligible for the dividend, which will be paid on the 28th of August.
有些投資者依靠股息來增加財富,如果你是其中之一,你可能會有興趣了解到,唐納森公司(NYSE:DCI)即將於4天后除息。 股息除息日是登記日前的一個工作日,這是股東在公司賬簿上存在以獲得股息支付資格的截止日期。了解除息日很重要,因爲任何股票交易都必須在登記日之前就已經完成了結算。換句話說,投資者可以在8月13日之前購買唐納森公司的股份,以有資格獲得8月28日的股息分紅。
The company's next dividend payment will be US$0.27 per share, and in the last 12 months, the company paid a total of US$1.08 per share. Looking at the last 12 months of distributions, Donaldson Company has a trailing yield of approximately 1.5% on its current stock price of US$70.87. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to check whether the dividend payments are covered, and if earnings are growing.
該公司的下一個股息支付爲每股0.27美元,過去12個月,該公司每股總支付爲1.08美元。查看過去12個月的分紅,唐納森公司的當前股票價格每股收益率約爲1.5%。分紅是許多股東的重要收入來源,但企業的業務健康狀況對於維持這些分紅至關重要。因此,我們需要檢查是否有足夠覆蓋分紅支出,以及收益是否在增長。
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. Donaldson Company paid out a comfortable 31% of its profit last year. A useful secondary check can be to evaluate whether Donaldson Company 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潤支付的,因此,如果公司支付的股息超過了其盈利,則其股息通常面臨更大的風險被減少。唐納森公司去年支付的利潤中,31%是用於股息支付的。一個有用的二次檢查是評估唐納森公司是否產生了足夠的自由現金流以支付其股息。它將其自由現金流的26%分配爲股息,這是大多數公司的合適支付比率。
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現金流的覆蓋是令人鼓舞的。這通常表明股息是可持續的,只要收益沒有急劇下降。
Click here to see the company's payout ratio, plus analyst estimates of its future dividends.
點擊此處查看公司的支付比率以及未來分紅的分析師預期。
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Have Earnings And Dividends Been Growing?
收益和股息一直在增長嗎?
Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If earnings fall far enough, the company could be forced to cut its dividend. Fortunately for readers, Donaldson Company's earnings per share have been growing at 19% a year for the past five years. Earnings per share are growing rapidly and the company is keeping more than half of its earnings within the business; an attractive combination which could suggest the company is focused on reinvesting to grow earnings further. 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.
業務增長前景強勁的公司通常是最佳的股息支付者,因爲在每股收益改善時增加股息更容易。如果收益下降得足夠多,公司可能被迫削減其股息。幸運的是,唐納森公司的每股收益過去五年平均增長了19%。每股收益正在快速增長,公司將收益的一半以上集中於業務內,這是一個有吸引力的組合,這可能表明公司專注於繼續投資以進一步增加收益。這將使未來的增長努力變得更容易,並且我們認爲這是一個有吸引力的組合-而且股息可以隨後增加。
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Donaldson Company has delivered 6.8% dividend growth per year on average over the past 10 years. We're glad to see dividends rising alongside earnings over a number of years, which may be a sign the company intends to share the growth with shareholders.
衡量一家公司分紅前景的另一個關鍵方法是衡量其歷史股息增長率。過去10年中,唐納森公司的年均分紅增長率爲6.8%。看到收益與過去幾年一起上升,我們很高興,這可能意味着公司打算與股東分享增長。
To Sum It Up
總結一下
From a dividend perspective, should investors buy or avoid Donaldson Company? We love that Donaldson Company is growing earnings per share while simultaneously paying out a low percentage of both its earnings and cash flow. These characteristics suggest the company is reinvesting in growing its business, while the conservative payout ratio also implies a reduced risk of the dividend being cut in the future. Donaldson Company looks solid on this analysis overall, and we'd definitely consider investigating it more closely.
從股息的角度來看,投資者是否應該買入或迴避唐納森公司?我們很高興看到,在唐納森公司增加股利而同時支付了低比例的盈利和現金流的情況下,其每股收益增長。這些特徵表明公司正在重新投資以擴大業務,而保守的支付比率還意味着分紅未來減少的風險降低。整體而言,唐納森公司在這種分析中看起來很可靠,我們肯定會考慮更詳細地調查它。
Ever wonder what the future holds for Donaldson Company? See what the nine analysts we track are forecasting, with this visualisation of its historical and future estimated earnings and cash flow
想知道唐納森公司未來的情況嗎?請查看我們追蹤的九位分析師對其歷史和未來預估收益和現金流的可視化。
If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks.
如果你在尋找強勁的股息支付者,我們建議查看我們的頂級股息股票選擇。
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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。