4 Days Left Till Synnex Know-how Worldwide Company (TWSE:2347) Trades Ex-Dividend

Some buyers depend on dividends for rising their wealth, and in the event you’re a kind of dividend sleuths, you could be intrigued to know that Synnex Know-how Worldwide Company (TWSE:2347) is about to go ex-dividend in simply 4 days. The ex-dividend date is normally set to be one enterprise day earlier than the document date which is the closing date on which you have to be current on the corporate’s books as a shareholder with a view to obtain the dividend. The ex-dividend date is essential as the method of settlement entails two full enterprise days. So in the event you miss that date, you wouldn’t present up on the corporate’s books on the document date. Accordingly, Synnex Know-how Worldwide buyers that buy the inventory on or after the twenty fourth of June won’t obtain the dividend, which might be paid on the nineteenth of July.

The corporate’s subsequent dividend fee might be NT$3.00 per share, and within the final 12 months, the corporate paid a complete of NT$3.00 per share. Final yr’s whole dividend funds present that Synnex Know-how Worldwide has a trailing yield of three.5% on the present share worth of NT$85.00. Dividends are an essential supply of earnings to many shareholders, however the well being of the enterprise is essential to sustaining these dividends. Consequently, readers ought to at all times test whether or not Synnex Know-how Worldwide has been in a position to develop its dividends, or if the dividend could be minimize.

View our newest evaluation for Synnex Know-how Worldwide

Dividends are normally paid out of firm earnings, so if an organization pays out greater than it earned then its dividend is normally at higher danger of being minimize. Synnex Know-how Worldwide is paying out a suitable 65% of its revenue, a typical payout degree amongst most corporations. But money move is usually extra essential than revenue for assessing dividend sustainability, so we must always at all times test if the corporate generated sufficient money to afford its dividend. Happily, it paid out solely 33% of its free money move previously yr.

It is constructive to see that Synnex Know-how Worldwide’s dividend is roofed by each earnings and money move, since that is usually an indication that the dividend is sustainable, and a decrease payout ratio normally suggests a higher margin of security earlier than the dividend will get minimize.

Click on right here to see the corporate’s payout ratio, plus analyst estimates of its future dividends.

TWSE:2347 Historic Dividend June nineteenth 2024

Have Earnings And Dividends Been Rising?

Corporations with constantly rising earnings per share usually make the perfect dividend shares, as they normally discover it simpler to develop dividends per share. If earnings fall far sufficient, the corporate might be pressured to chop its dividend. Because of this it is a reduction to see Synnex Know-how Worldwide earnings per share are up 3.3% every year during the last 5 years. Earnings per share progress has been slim, and the corporate is already paying out a majority of its earnings. Whereas there’s some room to each enhance the payout ratio and reinvest within the enterprise, usually the upper a payout ratio goes, the decrease an organization’s prospects for future progress.

One other key method to measure an organization’s dividend prospects is by measuring its historic price of dividend progress. For the reason that begin of our information, 10 years in the past, Synnex Know-how Worldwide has lifted its dividend by roughly 4.6% a yr on common. We’re glad to see dividends rising alongside earnings over a lot of years, which can be an indication the corporate intends to share the expansion with shareholders.

Closing Takeaway

Is Synnex Know-how Worldwide a beautiful dividend inventory, or higher left on the shelf? Earnings per share progress has been modest and Synnex Know-how Worldwide paid out over half of its earnings and fewer than half of its free money move, though each payout ratios are inside regular limits. Total, it isn’t a foul mixture, however we really feel that there are seemingly extra engaging dividend prospects on the market.

With that in thoughts, a crucial a part of thorough inventory analysis is being conscious of any dangers that inventory at present faces. Living proof: We have noticed 2 warning indicators for Synnex Know-how Worldwide you need to be conscious of.

Typically, we would not advocate simply shopping for the primary dividend inventory you see. This is a curated record of attention-grabbing shares which might be robust dividend payers.

Valuation is complicated, however we’re serving to make it easy.

Discover out whether or not Synnex Know-how Worldwide is probably over or undervalued by trying out our complete evaluation, which incorporates honest worth estimates, dangers and warnings, dividends, insider transactions and monetary well being.

View the Free Evaluation

Have suggestions on this text? Involved in regards to the content material? Get in contact with us instantly. Alternatively, e-mail editorial-team (at) simplywallst.com.

This text by Merely Wall St is normal in nature. We offer commentary primarily based on historic information and analyst forecasts solely utilizing an unbiased methodology and our articles are usually not meant to be monetary recommendation. It doesn’t represent a advice to purchase or promote any inventory, and doesn’t take account of your goals, or your monetary scenario. We goal to convey you long-term targeted evaluation pushed by elementary information. Observe that our evaluation might not issue within the newest price-sensitive firm bulletins or qualitative materials. Merely Wall St has no place in any shares talked about.

Valuation is complicated, however we’re serving to make it easy.

Discover out whether or not Synnex Know-how Worldwide is probably over or undervalued by trying out our complete evaluation, which incorporates honest worth estimates, dangers and warnings, dividends, insider transactions and monetary well being.

View the Free Evaluation

Have suggestions on this text? Involved in regards to the content material? Get in contact with us instantly. Alternatively, e-mail editorial-team@simplywallst.com

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