Ituran Location and Control Ltd. (NASDAQ:ITRN) Will Pay A US$0.39 Dividend In Two Days
Ituran Location and Control Ltd. (NASDAQ:ITRN) Will Pay A US$0.39 Dividend In Two Days
It looks like Ituran Location and Control Ltd. (NASDAQ:ITRN) is about to go ex-dividend in the next two days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on the company's books in order 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. Meaning, you will need to purchase Ituran Location and Control's shares before the 18th of June to receive the dividend, which will be paid on the 2nd of July.
看起來Ituran Location and Control Ltd. (納斯達克:ITRN)將在接下來的兩天內進行除息。除息日是股東需要出現在公司股東名冊上才能獲得股息的日期的前一天。除息日非常重要，因爲爲了有資格獲得股息，任何股票上的交易都需要在股東名冊日之前完成結算。也就是說，您需要在6月18日之前購買Ituran Location and Control的股票才能獲得分紅，分紅將於7月2日支付。
The company's upcoming dividend is US$0.39 a share, following on from the last 12 months, when the company distributed a total of US$1.56 per share to shareholders. Based on the last year's worth of payments, Ituran Location and Control stock has a trailing yield of around 6.0% on the current share price of US$25.97. If you buy this business for its dividend, you should have an idea of whether Ituran Location and Control's dividend is reliable and sustainable. So we need to check whether the dividend payments are covered, and if earnings are growing.
公司即將派發的股息爲每股0.39美元，繼續自去年12個月來，公司向股東分配了每股總計1.56美元。根據過去一年的股息，Ituran Location and Control股票在當前25.97美元的股價上的年息率約爲6.0%。如果您購買這家公司的股票是爲了獲得分紅，您應該知道Ituran Location and Control的股息是否可靠且可持續。因此，我們需要檢查分紅支付是否得到覆蓋，並且是否有盈利增長。
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. Fortunately Ituran Location and Control's payout ratio is modest, at just 47% of profit. A useful secondary check can be to evaluate whether Ituran Location and Control generated enough free cash flow to afford its dividend. Luckily it paid out just 24% of its free cash flow last year.
分紅通常來自公司利潤，因此，如果公司支付的分紅超過了所獲得的利潤，則其股息通常面臨更大的風險。幸運的是，Ituran Location and Control的派息比率適中，僅佔利潤的47%。一個有用的二次檢查是評估Ituran Location and Control是否產生足夠的自由現金流來支付其股息。幸運的是，去年它支付的自由現金流僅佔其總自由現金流的24%。
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 how much of its profit Ituran Location and Control paid out over the last 12 months.
點擊此處以查看Ituran Location and Control在過去12個月中支付了多少利潤。
Have Earnings And Dividends Been Growing?
收益和股息一直在增長嗎？
Businesses with shrinking earnings are tricky from a dividend perspective. If earnings fall far enough, the company could be forced to cut its dividend. So we're not too excited that Ituran Location and Control's earnings are down 2.7% a year over the past five years.
從股息角度來說，業績下滑的企業比較棘手。如果盈利下降得足夠多，公司可能不得不削減股息。因此，我們不太激動人心的發現過去五年Ituran Location and Control的盈利年增長率爲2.7%。
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Ituran Location and Control has delivered 6.1% dividend growth per year on average over the past 10 years.
衡量公司股息前景的另一個重要方法是通過衡量其歷史股息增長率來衡量。Ituran Location and Control在過去的10年中平均每年提供6.1%的股息增長。
To Sum It Up
總結一下
Has Ituran Location and Control got what it takes to maintain its dividend payments? 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. While it does have some good things going for it, we're a bit ambivalent and it would take more to convince us of Ituran Location and Control's dividend merits.
Ituran Location and Control是否擁有維持其股息支付的能力？每股收益意味着顯著下降，儘管公司支付的比例低且保守，但總體上不太理想。看到盈利下降肯定不是好兆頭，但至少在削減股息之前還有一些緩衝。雖然它確實有一些好處，但我們仍然持有一些矛盾的態度，我們需要更多的說服來證明Ituran Location and Control的股息價值。
In light of that, while Ituran Location and Control has an appealing dividend, it's worth knowing the risks involved with this stock. For example, we've found 1 warning sign for Ituran Location and Control that we recommend you consider before investing in the business.
因此，雖然Ituran Location and Control有吸引人的股息，但了解這隻股票涉及的風險是值得的。例如，我們發現了Ituran Location and Control的1個警示信號，建議您在投資該業務之前考慮。
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。
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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。
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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譯文內容由第三人軟體翻譯。