dividend cover

简明释义

盈利对股息的比率

英英释义

例句

1.A low dividend cover may suggest that a company is struggling to maintain its dividend payments.

低股息覆盖率可能表明公司在维持股息支付方面遇到困难。

2.After analyzing the dividend cover, we decided to invest in the stock due to its strong earnings.

在分析了股息覆盖率后，我们决定投资该股票，因为它的盈利能力强。

3.The company's dividend cover is currently at 2.5, indicating it earns two and a half times the amount needed to pay dividends.

该公司的股息覆盖率目前为2.5，表明其赚取的金额是支付股息所需金额的两倍半。

4.The management team aims to improve the dividend cover to attract more investors.

管理团队旨在提高股息覆盖率以吸引更多投资者。

5.Investors often look for a high dividend cover as a sign of financial stability.

投资者通常寻找较高的股息覆盖率作为财务稳定的标志。

作文

Understanding the concept of dividend cover is crucial for investors who wish to evaluate the sustainability of a company's dividend payments. The term dividend cover refers to the ratio of a company's earnings per share (EPS) to its annual dividend per share. This ratio indicates how many times a company can pay its current dividend from its net income. A higher dividend cover suggests that the company is in a strong position to maintain or increase its dividends, while a lower ratio may raise concerns about the company's ability to sustain its dividend payments in the future.For example, if a company has an EPS of $4 and pays an annual dividend of $1, its dividend cover would be 4. This means that the company earns four times what it pays out in dividends, indicating a healthy financial status. Conversely, if another company has an EPS of $2 and pays a dividend of $1, its dividend cover would only be 2, suggesting that the company is less capable of sustaining its dividend payments without risking its financial stability.Investors often look for companies with a dividend cover of at least 1.5 to 2.0, as this range typically provides a buffer for unexpected downturns in earnings. A dividend cover below 1 indicates that a company is paying out more in dividends than it earns, which is not sustainable in the long run. Such a situation could lead to dividend cuts, which can negatively impact the stock price and investor confidence.In addition to providing insights into a company's financial health, the dividend cover also serves as a tool for comparing different companies within the same industry. By analyzing the dividend cover ratios of various companies, investors can identify which firms are managing their profits effectively and which ones may be overextending themselves by maintaining high dividend payouts.Moreover, it is essential to consider other factors alongside dividend cover. For instance, a company might have a high dividend cover, but if its earnings are volatile or declining, it may still face challenges in maintaining its dividend. Additionally, companies in industries with stable earnings, such as utilities, might have lower dividend cover ratios yet still provide reliable dividends due to their consistent cash flows.In conclusion, understanding dividend cover is vital for any investor focused on dividend-paying stocks. It helps assess the risk associated with dividend sustainability and provides a comparative measure among peers. However, it is important to use dividend cover in conjunction with other financial metrics to gain a comprehensive view of a company's overall performance. Ultimately, a balanced approach to analyzing dividends can lead to more informed investment decisions and better financial outcomes for investors.

理解股息覆盖率的概念对于希望评估公司股息支付可持续性的投资者至关重要。术语股息覆盖率是指公司每股收益（EPS）与其每年每股股息之间的比率。这个比率表明公司可以从其净收入中支付当前股息的次数。较高的股息覆盖率表明公司在维持或增加其股息方面处于强势地位，而较低的比率可能会引发对公司未来维持股息支付能力的担忧。例如，如果一家公司每股收益为4美元，支付的年股息为1美元，则其股息覆盖率为4。这意味着公司赚取的金额是其支付股息的四倍，表明其财务状况良好。相反，如果另一家公司的每股收益为2美元，支付的股息为1美元，则其股息覆盖率仅为2，这表明该公司维持股息支付的能力较弱，可能会危及其财务稳定性。投资者通常寻找股息覆盖率至少为1.5到2.0的公司，因为这一范围通常为意外的收益下滑提供了缓冲。低于1的股息覆盖率表明公司支付的股息超过了其收益，这在长期内并不可持续。这种情况可能导致股息削减，从而对股价和投资者信心产生负面影响。除了提供有关公司财务健康状况的见解外，股息覆盖率还作为比较同一行业不同公司的工具。通过分析各种公司的股息覆盖率，投资者可以识别出哪些公司有效管理其利润，哪些公司可能因维持高额股息支付而过度扩张。此外，考虑其他因素也是至关重要的，尤其是在分析股息覆盖率时。例如，一家公司可能拥有高股息覆盖率，但如果其收益波动或下降，它仍可能面临维持股息的挑战。此外，处于稳定收益行业（如公用事业）的公司可能会有较低的股息覆盖率，但由于其稳定的现金流，仍能提供可靠的股息。总之，理解股息覆盖率对于专注于支付股息的股票的任何投资者来说都是至关重要的。它有助于评估与股息可持续性相关的风险，并提供同行之间的比较指标。然而，重要的是将股息覆盖率与其他财务指标结合使用，以全面了解公司的整体表现。最终，对股息进行平衡分析的方法可以导致更明智的投资决策和更好的财务结果。