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Is It Worth Considering Thai Beverage Public Company Limited (SGX:Y92) For Its Upcoming Dividend?

Is It Worth Considering Thai Beverage Public Company Limited (SGX:Y92) For Its Upcoming Dividend?

值得考慮泰國飲料上市有限公司(新加坡證券交易所股票代碼:Y92)即將派發的股息嗎?
Simply Wall St ·  05/23 06:48

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 Thai Beverage Public Company Limited (SGX:Y92) is about to go ex-dividend in just 4 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 important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Therefore, if you purchase Thai Beverage's shares on or after the 27th of May, you won't be eligible to receive the dividend, when it is paid on the 12th of June.

一些投資者依靠分紅來增加財富,如果你是這些股息偵探之一,你可能會想知道泰國飲料公共有限公司(新加坡證券交易所股票代碼:Y92)即將在短短4天內實現除息。通常,除息日是記錄日期前一個工作日,即公司確定有資格獲得股息的股東的日期。除息日很重要,因爲任何股票交易都需要在記錄日期之前結算才有資格獲得股息。因此,如果您在5月27日當天或之後購買泰國飲料的股票,則沒有資格獲得6月12日支付的股息。

The company's next dividend payment will be ฿0.15 per share, and in the last 12 months, the company paid a total of ฿0.60 per share. Last year's total dividend payments show that Thai Beverage has a trailing yield of 4.4% on the current share price of S$0.50. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing.

該公司的下一次股息將爲每股¥0.15,在過去的12個月中,該公司共支付了每股¥0.60的股息。去年的股息支付總額顯示,與目前0.50新元的股價相比,泰國飲料的尾隨收益率爲4.4%。股息是許多股東的重要收入來源,但業務的健康狀況對於維持這些股息至關重要。這就是爲什麼我們應該經常檢查股息支付是否可持續,以及公司是否在增長。

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. Thai Beverage paid out more than half (57%) of its earnings last year, which is a regular payout ratio for most companies. 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. Dividends consumed 53% of the company's free cash flow last year, which is within a normal range for most dividend-paying organisations.

股息通常從公司利潤中支付,因此,如果公司支付的股息超過其收入,則其股息被削減的風險通常更大。泰國飲料去年支付了其收益的一半以上(57%),這是大多數公司的常規派息比率。然而,對於評估股息而言,現金流比利潤更爲重要,因此我們需要查看公司是否產生了足夠的現金來支付分紅。去年,股息消耗了公司自由現金流的53%,這對於大多數支付股息的組織來說在正常範圍內。

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.

令人鼓舞的是,股息由利潤和現金流共同支付。這通常表明,只要收益不急劇下降,股息是可持續的。

Click here to see the company's payout ratio, plus analyst estimates of its future dividends.

點擊此處查看該公司的派息率,以及分析師對其未來股息的估計。

historic-dividend
SGX:Y92 Historic Dividend May 22nd 2024
SGX: Y92 歷史股息 2024 年 5 月 22 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. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. With that in mind, we're encouraged by the steady growth at Thai Beverage, with earnings per share up 8.1% on average over the last five years. While earnings have been growing at a credible rate, the company is paying out a majority of its earnings to shareholders. Therefore it's unlikely that the company will be able to reinvest heavily in its business, which could presage slower growth in the future.

實現可持續收益增長的公司的股票通常具有最佳的股息前景,因爲當收益上升時,更容易提高股息。如果業務陷入低迷並削減股息,該公司的價值可能會急劇下降。考慮到這一點,泰國飲料公司的穩定增長令我們感到鼓舞,在過去五年中,每股收益平均增長8.1%。儘管收益一直以可信的速度增長,但該公司將大部分收益支付給了股東。因此,該公司不太可能對其業務進行大量再投資,這可能預示着未來增長將放緩。

Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. In the past 10 years, Thai Beverage has increased its dividend at approximately 3.6% a year on average. It's encouraging to see the company lifting dividends while earnings are growing, suggesting at least some corporate interest in rewarding shareholders.

衡量公司股息前景的另一種關鍵方法是衡量其歷史股息增長率。在過去的10年中,泰國飲料的股息平均每年增加約3.6%。令人鼓舞的是,該公司在收益增長的同時提高了股息,這表明至少有一部分企業有興趣獎勵股東。

Final Takeaway

最後的外賣

Is Thai Beverage worth buying for its dividend? Earnings per share growth has been unremarkable, and while the company is paying out a majority of its earnings and cash flow in the form of dividends, the dividend payments don't appear excessive. Overall, it's not a bad combination, but we feel that there are likely more attractive dividend prospects out there.

泰國飲料的股息值得購買嗎?每股收益的增長並不引人注目,儘管該公司以股息的形式支付了大部分收益和現金流,但股息支付似乎並不過多。總體而言,這是一個不錯的組合,但我們認爲可能有更具吸引力的股息前景。

So if you want to do more digging on Thai Beverage, you'll find it worthwhile knowing the risks that this stock faces. For example, Thai Beverage has 2 warning signs (and 1 which is a bit unpleasant) we think you should know about.

因此,如果你想對泰國飲料進行更多挖掘,你會發現值得了解這隻股票所面臨的風險。例如,Thai Beverage有兩個警告標誌(還有一個有點不愉快),我們認爲你應該知道。

If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks.

如果您在市場上尋找強勁的股息支付者,我們建議您查看我們精選的頂級股息股票。

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.

對這篇文章有反饋嗎?對內容感到擔憂?直接聯繫我們。 或者,給編輯團隊 (at) simplywallst.com 發送電子郵件。
Simply Wall St的這篇文章本質上是籠統的。我們僅使用公正的方法根據歷史數據和分析師的預測提供評論,我們的文章無意作爲財務建議。它不構成買入或賣出任何股票的建議,也沒有考慮到您的目標或財務狀況。我們的目標是爲您提供由基本數據驅動的長期重點分析。請注意,我們的分析可能不考慮最新的價格敏感型公司公告或定性材料。簡而言之,華爾街沒有持有任何上述股票的頭寸。

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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