We Wouldn't Be Too Quick To Buy Micro-Mechanics (Holdings) Ltd. (SGX:5DD) Before It Goes Ex-Dividend

Simply Wall St.11-03

Micro-Mechanics (Holdings) Ltd. (SGX:5DD) stock is about to trade ex-dividend in 3 days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on...

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The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on...</p>\n\n<a href=\"https://finance.yahoo.com/news/wouldnt-too-quick-buy-micro-003246767.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance_sg","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>We Wouldn't Be Too Quick To Buy Micro-Mechanics (Holdings) Ltd. 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(SGX:5DD) Before It Goes Ex-Dividend\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-03 08:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/wouldnt-too-quick-buy-micro-003246767.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Micro-Mechanics (Holdings) Ltd. (SGX:5DD) stock is about to trade ex-dividend in 3 days. The ex-dividend date occurs one day before the record date which is the day on which shareholders need to be on...</p>\n\n<a href=\"https://finance.yahoo.com/news/wouldnt-too-quick-buy-micro-003246767.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"5DD.SI","symbol_name":"微机械","start_time":0,"source_url":"https://finance.yahoo.com/news/wouldnt-too-quick-buy-micro-003246767.html","article_id":"2480389875","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/bVME5zY4X.madJsOrjI1Fg--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/98479ef7e2a2339ba3575f02b13c7750"],"rights":{"source":"yahoofinance_sg","url":"https://finance.yahoo.com/news/wouldnt-too-quick-buy-micro-003246767.html","rn_cache_url":null,"customStyle":"","selectors":"article, body","filters":"","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2480389875","pubTimestamp":1730593966,"sourceInfo":{"source_id":"yahoofinance_sg","name":"Yahoo Finance"},"weMediaInfo":null,"summary":"Micro-Mechanics  Ltd.  stock is about to trade ex-dividend in 3 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. Meaning, you will need to purchase Micro-Mechanics 's shares before the 7th of November to receive the dividend, which will be paid on the 18th of November.The company's next dividend payment will be S$0.03 per share, on the back of last year when the company paid a total of S$0.06 to shareholders. Last year's total dividend payments show that Micro-Mechanics  has a trailing yield of 3.6% on the current share price of S$1.69. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to ch","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"5DD.SI":"微机械","BK6063":"半导体设备","BK6515":"技术设备股"},"translate_title":"在Micro-Mechanics(Holdings)Ltd.(SGX：5DD)除息之前，我们不会太快购买该公司","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"5DD.SI":0.9},"content_text":"Micro-Mechanics (Holdings) Ltd. (SGX:5DD) stock is about to trade ex-dividend in 3 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. Meaning, you will need to purchase Micro-Mechanics (Holdings)'s shares before the 7th of November to receive the dividend, which will be paid on the 18th of November. \n The company's next dividend payment will be S$0.03 per share, on the back of last year when the company paid a total of S$0.06 to shareholders. Last year's total dividend payments show that Micro-Mechanics (Holdings) has a trailing yield of 3.6% on the current share price of S$1.69. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. So we need to check whether the dividend payments are covered, and if earnings are growing. \n Check out our latest analysis for Micro-Mechanics (Holdings) \n 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. Last year, Micro-Mechanics (Holdings) paid out 99% of its income as dividends, which is above a level that we're comfortable with, especially if the company needs to reinvest in its business. A useful secondary check can be to evaluate whether Micro-Mechanics (Holdings) generated enough free cash flow to afford its dividend. Dividends consumed 68% of the company's free cash flow last year, which is within a normal range for most dividend-paying organisations. \n It's good to see that while Micro-Mechanics (Holdings)'s dividends were not well covered by profits, at least they are affordable from a cash perspective. Still, if the company continues paying out such a high percentage of its profits, the dividend could be at risk if business turns sour. \n Click here to see how much of its profit Micro-Mechanics (Holdings) paid out over the last 12 months. \n\n\n\n  SGX:5DD Historic Dividend November 3rd 2024\n \n\nHave Earnings And Dividends Been Growing?\n When earnings decline, dividend companies become much harder to analyse and own safely. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. Micro-Mechanics (Holdings)'s earnings per share have fallen at approximately 8.3% a year over the previous five years. Such a sharp decline casts doubt on the future sustainability of the dividend. \n Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Micro-Mechanics (Holdings) has delivered 7.2% dividend growth per year on average over the past 10 years. The only way to pay higher dividends when earnings are shrinking is either to pay out a larger percentage of profits, spend cash from the balance sheet, or borrow the money. Micro-Mechanics (Holdings) is already paying out 99% of its profits, and with shrinking earnings we think it's unlikely that this dividend will grow quickly in the future. \n The Bottom Line \n Should investors buy Micro-Mechanics (Holdings) for the upcoming dividend? Earnings per share have been in decline, which is not encouraging. Additionally, Micro-Mechanics (Holdings) is paying out quite a high percentage of its earnings, and more than half its cash flow, so it's hard to evaluate whether the company is reinvesting enough in its business to improve its situation. Overall it doesn't look like the most suitable dividend stock for a long-term buy and hold investor. \n Having said that, if you're looking at this stock without much concern for the dividend, you should still be familiar of the risks involved with Micro-Mechanics (Holdings). To that end, you should learn about the 2 warning signs we've spotted with Micro-Mechanics (Holdings) (including 1 which makes us a bit uncomfortable). \n A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks. \nHave 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.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2480389875"}