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Three Days Left To Buy QAF Limited (SGX:Q01) Before The Ex-Dividend Date

Three Days Left To Buy QAF Limited (SGX:Q01) Before The Ex-Dividend Date

買入佳福有限公司(新加坡交易所:Q01)的股票,距離除息日只剩三天。
Simply Wall St ·  09/02 08:26

It looks like QAF Limited (SGX:Q01) is about to go ex-dividend in the next three 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 of consequence because whenever a stock is bought or sold, the trade takes at least two business day to settle. Thus, you can purchase QAF's shares before the 6th of September in order to receive the dividend, which the company will pay on the 26th of September.

看起來佳福(SGX:Q01)將在接下來的三天內進行分紅派息。通常,除息日期是在報告日期的前一天,報告日期是公司確定有資格獲得股息的股東的日期。除息日期很重要,因爲無論何時買入或賣出股票,交易需要至少兩個工作日來結算。因此,您可以在9月6日之前購買佳福的股票,以便獲得該公司將於9月26日支付的股息。

The company's next dividend payment will be S$0.01 per share, on the back of last year when the company paid a total of S$0.05 to shareholders. Based on the last year's worth of payments, QAF stock has a trailing yield of around 6.1% on the current share price of S$0.825. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to investigate whether QAF can afford its dividend, and if the dividend could grow.

公司的下一次股息支付將爲每股S$0.01,去年該公司向股東支付了總計S$0.05。根據去年的股息支付情況,佳福股票在當前每股S$0.825的股價上有約6.1%的股息收益率。對於長揸者來說,股息是投資回報的重要組成部分,但前提是股息能夠持續支付。因此,我們需要調查佳福是否有能力支付股息,並且股息是否有可能增長。

If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. It paid out 82% of its earnings as dividends last year, which is not unreasonable, but limits reinvestment in the business and leaves the dividend vulnerable to a business downturn. 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. It paid out 83% of its free cash flow as dividends, which is within usual limits but will limit the company's ability to lift the dividend if there's no growth.

如果一家公司支付的股息超過其收益,那麼股息可能變得不可持續 - 這絕不是一個理想的情況。去年,佳福將其盈利的82%作爲股息支付出去,這不算過高,但會限制對業務的再投資,並使股息容易受到業務下滑的影響。我們擔心盈利可能會下降的風險。然而,對於評估股息,現金流比利潤更重要,因此我們需要查看公司是否有足夠的現金來支付股息。去年,佳福將其自由現金流的83%作爲股息支付出去,這在通常範圍內,但如果沒有增長,將限制公司提高股息的能力。

It's positive to see that QAF'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.

很高興看到佳福的股息既有盈利支持,也有現金流,因爲這通常是股息可持續的一個信號,而較低的支付比率通常意味着在削減股息之前有更大的安全裕度。

Click here to see how much of its profit QAF paid out over the last 12 months.

點擊此處查看佳福在過去12個月支付了多少利潤。

1725235637038
SGX:Q01 Historic Dividend September 2nd 2024
新加坡交易所: Q01歷史分紅 2024年9月2日

Have Earnings And Dividends Been Growing?

收益和股息一直在增長嗎?

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. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. It's encouraging to see QAF has grown its earnings rapidly, up 34% a year for the past five years. The company is paying out more than three-quarters of its earnings, but it is also generating strong earnings growth.

公司利潤持續增長的股票往往具有最好的分紅前景,因爲在利潤增長時提高分紅更容易。投資者喜愛分紅,所以如果公司的盈利下降並且分紅減少,可以預計該股會被大量拋售。令人鼓舞的是,佳福的盈利快速增長,過去五年年均增長34%。公司分紅超過了其盈利的四分之三,但也產生了強勁的盈利增長。

Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. QAF's dividend payments are effectively flat on where they were 10 years ago.

許多投資者會通過評估公司股息在過去時間內的變化情況來評估其分紅表現。佳福的股息付款與十年前基本持平。

The Bottom Line

還有一件事需要注意的是,我們已經確定了上海醫藥的2個警告信號,了解這些信號應該成爲你的投資過程的一部分。

Should investors buy QAF for the upcoming dividend? It's good to see earnings are growing, since all of the best dividend stocks grow their earnings meaningfully over the long run. However, we'd also note that QAF is paying out more than half of its earnings and cash flow as profits, which could limit the dividend growth if earnings growth slows. To summarise, QAF looks okay on this analysis, although it doesn't appear a stand-out opportunity.

投資者是否應該買入佳福以獲取即將到來的分紅?看到盈利增長是好事,因爲所有最佳分紅股票長期來看都會顯著增長盈利。然而,我們還要注意到佳福的盈利和現金流分紅超過了其盈利和現金流的一半,這可能會限制分紅的增長,如果盈利增長放緩。總之,根據這個分析,佳福看起來還可以,儘管並不是個突出的機會。

Curious about whether QAF has been able to consistently generate growth? Here's a chart of its historical revenue and earnings growth.

對於佳福是否能夠持續增長感到好奇?以下是其歷史營業收入和盈利增長的圖表。

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.

對本文有任何反饋?對內容有任何疑慮?請直接與我們聯繫。或者,發送電子郵件至editorial-team@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。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
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