MGP Ingredients (NASDAQ:MGPI) Could Be A Buy For Its Upcoming Dividend
MGP Ingredients (NASDAQ:MGPI) Could Be A Buy For Its Upcoming Dividend
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 MGP Ingredients, Inc. (NASDAQ:MGPI) is about to go ex-dividend in just four 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 an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. This means that investors who purchase MGP Ingredients' shares on or after the 15th of November will not receive the dividend, which will be paid on the 29th of November.
一些投資者依靠分紅派息來增加財富,如果您是其中之一,您可能會對知道納斯達克股票代碼爲mgp ingredients的MGP Ingredients, Inc.即將在四天後進行除息的消息感到好奇。 除息日發生在股權登記日的前一天,股權登記日是股東需要記錄在公司賬簿上才能獲得分紅的日子。 除息日是一個重要的日期需要注意,因爲在此日期之後購買股票可能意味着晚結算,無法顯示在股權登記日上。 這意味着在11月15日或之後購買MGP Ingredients的股票的投資者將無法獲得將於11月29日支付的分紅。
The company's upcoming dividend is US$0.12 a share, following on from the last 12 months, when the company distributed a total of US$0.48 per share to shareholders. Based on the last year's worth of payments, MGP Ingredients has a trailing yield of 0.9% on the current stock price of US$50.90. If you buy this business for its dividend, you should have an idea of whether MGP Ingredients's dividend is reliable and sustainable. We need to see whether the dividend is covered by earnings and if it's growing.
公司即將分派的股息爲每股0.12美元,沿襲了過去12個月的情況,公司向股東分配的總金額爲每股0.48美元。 根據過去一年的支付情況,MGP Ingredients在當前股價50.90美元上擁有0.9%的尾部收益率。 如果您買入該業務是爲了獲取分紅,您應該知道MGP Ingredients的分紅是否可靠和持續。 我們需要看到分紅是否被盈利所覆蓋,以及是否在增長。
Dividends are typically paid from company earnings. If a company pays more in dividends than it earned in profit, then the dividend could be unsustainable. MGP Ingredients paid out just 10.0% of its profit last year, which we think is conservatively low and leaves plenty of margin for unexpected circumstances. 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 25% of its free cash flow as dividends last year, which is conservatively low.
通常,分紅來自公司盈利。 如果公司支付的股息超過了賺取的利潤,則該股息可能不可持續。 MGP Ingredients去年僅支付了其利潤的10.0%,我們認爲這是保守的低水平,爲意外情況留下了足夠的空間。 然而對於評估分紅而言,現金流比利潤更爲重要,因此我們需要查看公司是否產生足夠的現金用於支付其分配。 去年,該公司將其自由現金流的25%用於支付股息,這是保守的低比例。
It's positive to see that MGP Ingredients'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.
看到MGP Ingredients的分紅既由利潤也由現金流覆蓋是一個積極的跡象,因爲這通常是分紅可持續的信號,較低的支付比率通常表明在分紅被削減之前有更大的安全裕量。
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。
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 earnings fall far enough, the company could be forced to cut its dividend. Fortunately for readers, MGP Ingredients's earnings per share have been growing at 17% a year for the past five years. Earnings per share have been growing rapidly and the company is retaining a majority of its earnings within the business. Fast-growing businesses that are reinvesting heavily are enticing from a dividend perspective, especially since they can often increase the payout ratio later.
那些創造持續盈利增長的公司股票往往是最好的分紅前景,因爲在盈利增長時容易提高分紅。 如果盈利下降到足夠低的程度,公司可能會被迫削減分紅。 幸運的是,對讀者來說,mgp ingredients的每股收益在過去五年中以17%的年增長率增長。 每股收益增長迅速,公司在業務中保留了大部分盈利。 重點是,對於從分紅角度來看,那些進行大量再投資的快速增長業務尤其具有吸引力,特別是因爲它們往往可以隨後提高支付比率。
Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. In the last 10 years, MGP Ingredients has lifted its dividend by approximately 25% a year on average. It's exciting to see that both earnings and dividends per share have grown rapidly over the past few years.
測量公司分紅前景的另一個關鍵方法是通過其歷史分紅增長率。 在過去的10年中,mgp ingredients的分紅平均每年增長約25%。 讓人興奮的是,過去幾年中每股收益和分紅都迅速增長。
To Sum It Up
總結一下
Is MGP Ingredients an attractive dividend stock, or better left on the shelf? MGP Ingredients has grown its earnings per share while simultaneously reinvesting in the business. Unfortunately it's cut the dividend at least once in the past 10 years, but the conservative payout ratio makes the current dividend look sustainable. There's a lot to like about MGP Ingredients, and we would prioritise taking a closer look at it.
mgp ingredients是一隻吸引人的分紅股票,還是最好放在一邊?mgp ingredients已經增加了每股收益,同時對業務進行再投資。不幸的是,在過去的10年中至少有一次削減了股息,但保守的派息比率使得目前的股息看起來是可持續的。mgp ingredients有許多吸引之處,我們會優先仔細研究它。
On that note, you'll want to research what risks MGP Ingredients is facing. Our analysis shows 1 warning sign for MGP Ingredients and you should be aware of it before buying any shares.
在這方面,您會想要研究mgp ingredients面臨的風險。我們的分析顯示mgp ingredients有1個警告信號,您在購買任何股票之前都應該注意這一點。
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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Simply Wall St的這篇文章是一般性質的。我們僅基於歷史數據和分析師預測提供評論,使用公正的方法,我們的文章並非意在提供財務建議。這並不構成買入或賣出任何股票的建議,並且不考慮您的目標或財務狀況。我們旨在爲您帶來基於基礎數據驅動的長期聚焦分析。請注意,我們的分析可能未考慮最新的價格敏感公司公告或定性材料。Simply Wall St對提及的任何股票都沒有持倉。
譯文內容由第三人軟體翻譯。