<p><strong>Espec Corp.</strong> (TSE:6859) 将于 12 月 10 日支付每股¥45.00 的股息。这使得股息收益率达到 3.6%，高于行业平均水平。</p>
<p>虽然股息收益率对收入投资者很重要，但考虑到任何大幅的股价波动同样重要，因为这通常会超过分配带来的收益。投资者会高兴地看到，Espec 的股价在过去 3 个月中上涨了 49%，这对股东来说是好消息，也可以解释股息收益率的下降。</p>
<p>人工智能即将改变医疗保健。这 20 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是——它们的市值都在 100 亿美元以下——现在仍然有机会提前布局。</p>
<h2>Espec 的预计收益似乎足以覆盖未来的分配</h2>
<p>几年的高股息收益率并不意味着什么，如果它无法持续。根据上一次的支付，Espec 仅支付了部分收益，但支付金额却高达现金流的 111%。如此高的现金支付比率可能会给股息带来压力，并在公司遇到困难时迫使其减少股息。</p>
<p>展望未来，预计每股收益将在明年增长 8.1%。假设股息继续沿着近期趋势发展，我们认为到明年支付比率可能会达到 39%，这在一个相对可持续的范围内。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/880358-historic-dividend-1-dark-2/1752105383649?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/880358-historic-dividend-1-dark-2/1752105383649"/></p>
<p>TSE:6859 历史股息 2025 年 7 月 9 日</p>
<p>查看我们对 Espec 的最新分析</p>
<h2>股息波动性</h2>
<p>该公司的股息历史标志着不稳定，过去 10 年中至少有一次削减。股息从 2015 年的每年总额¥26.00 增长到最近的每年总支付¥115.00。这意味着在此期间其分配以每年 16% 的速度增长。看到股息支付的强劲增长是很好的，但削减令人担忧，因为这可能表明支付政策过于激进。</p>
<h2>股息看起来有可能增长</h2>
<p>在相对不稳定的股息情况下，更重要的是评估每股收益是否在增长，这可能预示着未来股息的增长。我们欣慰地看到，Espec 在过去五年中每股收益以每年 17% 的速度增长。考虑到相当的增长和较低的支付比率，我们认为这对 Espec 未来增长股息支付的前景是有利的。</p>
<h2>我们对 Espec 股息的看法</h2>
<p>总体而言，这可能不是一只很好的收入股票，尽管目前股息正在增加。虽然 Espec 的收益足以覆盖支付，但现金流却不足。我们对依赖这只股票主要获取股息收入持谨慎态度。</p>
<p>市场动向证明了一致的股息政策相比于更不可预测的政策是多么被高度重视。然而，投资者在分析一家公司时需要考虑除了股息支付之外的许多其他因素。例如，我们挑选出了 <strong>Espec 的 1 个警示信号</strong>，投资者应予以考虑。Espec 是否不是您所寻找的机会？为什么不查看我们的 <strong>顶级股息股票选择</strong>。</p>

6859

<p>Espec Corp.（东京证券交易所代码：6859）将于 12 月 10 日支付每股 45.00 日元的股息，收益率为 3.6%。该股票在过去三个月上涨了 49%，影响了股息收益率。尽管现金支付比率高达 111%，但预计明年的每股收益将增长 8.1%，这可能会将支付比率降低至 39%。该公司的股息历史显示出不稳定，自 2015 年以来年均增长率为 16%。虽然目前正在提高股息，但由于现金流问题，建议以收入为重点的投资者保持谨慎</p>

<p><strong>Espec Corp.</strong> (TSE:6859) will pay a dividend of ¥45.00 on the 10th of December. This makes the dividend yield 3.6%, which is above the industry average.</p>
<div class="lb-trans"><p><strong>Espec Corp.</strong> (TSE:6859) 将于 12 月 10 日支付每股¥45.00 的股息。这使得股息收益率达到 3.6%，高于行业平均水平。</p>
</div><p>While the dividend yield is important for income investors, it is also important to consider any large share price moves, as this will generally outweigh any gains from distributions. Investors will be pleased to see that Espec's stock price has increased by 49% in the last 3 months, which is good for shareholders and can also explain a decrease in the dividend yield.</p>
<div class="lb-trans"><p>虽然股息收益率对收入投资者很重要，但考虑到任何大幅的股价波动同样重要，因为这通常会超过分配带来的收益。投资者会高兴地看到，Espec 的股价在过去 3 个月中上涨了 49%，这对股东来说是好消息，也可以解释股息收益率的下降。</p>
</div><p>AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early.</p>
<div class="lb-trans"><p>人工智能即将改变医疗保健。这 20 只股票正在从早期诊断到药物发现等各个方面进行工作。最棒的是——它们的市值都在 100 亿美元以下——现在仍然有机会提前布局。</p>
</div><h2>Espec's Projected Earnings Seem Likely To Cover Future Distributions</h2>
<div class="lb-trans"><h2>Espec 的预计收益似乎足以覆盖未来的分配</h2>
</div><p>A big dividend yield for a few years doesn't mean much if it can't be sustained. Based on the last payment, Espec was paying only paying out a fraction of earnings, but the payment was a massive 111% of cash flows. A cash payout ratio this high could put the dividend under pressure and force the company to reduce it in the future if it were to run into tough times.</p>
<div class="lb-trans"><p>几年的高股息收益率并不意味着什么，如果它无法持续。根据上一次的支付，Espec 仅支付了部分收益，但支付金额却高达现金流的 111%。如此高的现金支付比率可能会给股息带来压力，并在公司遇到困难时迫使其减少股息。</p>
</div><p>Looking forward, earnings per share is forecast to rise by 8.1% over the next year. Assuming the dividend continues along recent trends, we think the payout ratio could be 39% by next year, which is in a pretty sustainable range.</p>
<div class="lb-trans"><p>展望未来，预计每股收益将在明年增长 8.1%。假设股息继续沿着近期趋势发展，我们认为到明年支付比率可能会达到 39%，这在一个相对可持续的范围内。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/880358-historic-dividend-1-dark-2/1752105383649" alt="" original-src="https://images.simplywall.st/asset/chart/880358-historic-dividend-1-dark-2/1752105383649"/></p>
<p>TSE:6859 Historic Dividend July 9th 2025</p>
<div class="lb-trans"><p>TSE:6859 历史股息 2025 年 7 月 9 日</p>
</div><p>See our latest analysis for Espec</p>
<div class="lb-trans"><p>查看我们对 Espec 的最新分析</p>
</div><h2>Dividend Volatility</h2>
<div class="lb-trans"><h2>股息波动性</h2>
</div><p>The company's dividend history has been marked by instability, with at least one cut in the last 10 years. The dividend has gone from an annual total of ¥26.00 in 2015 to the most recent total annual payment of ¥115.00. This means that it has been growing its distributions at 16% per annum over that time. It is great to see strong growth in the dividend payments, but cuts are concerning as it may indicate the payout policy is too ambitious.</p>
<div class="lb-trans"><p>该公司的股息历史标志着不稳定，过去 10 年中至少有一次削减。股息从 2015 年的每年总额¥26.00 增长到最近的每年总支付¥115.00。这意味着在此期间其分配以每年 16% 的速度增长。看到股息支付的强劲增长是很好的，但削减令人担忧，因为这可能表明支付政策过于激进。</p>
</div><h2>The Dividend Looks Likely To Grow</h2>
<div class="lb-trans"><h2>股息看起来有可能增长</h2>
</div><p>With a relatively unstable dividend, it's even more important to evaluate if earnings per share is growing, which could point to a growing dividend in the future. We are encouraged to see that Espec has grown earnings per share at 17% per year over the past five years. With a decent amount of growth and a low payout ratio, we think this bodes well for Espec's prospects of growing its dividend payments in the future.</p>
<div class="lb-trans"><p>在相对不稳定的股息情况下，更重要的是评估每股收益是否在增长，这可能预示着未来股息的增长。我们欣慰地看到，Espec 在过去五年中每股收益以每年 17% 的速度增长。考虑到相当的增长和较低的支付比率，我们认为这对 Espec 未来增长股息支付的前景是有利的。</p>
</div><h2>Our Thoughts On Espec's Dividend</h2>
<div class="lb-trans"><h2>我们对 Espec 股息的看法</h2>
</div><p>Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. While Espec is earning enough to cover the payments, the cash flows are lacking. We would be a touch cautious of relying on this stock primarily for the dividend income.</p>
<div class="lb-trans"><p>总体而言，这可能不是一只很好的收入股票，尽管目前股息正在增加。虽然 Espec 的收益足以覆盖支付，但现金流却不足。我们对依赖这只股票主要获取股息收入持谨慎态度。</p>
</div><p>Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For instance, we've picked out <strong>1 warning sign for Espec</strong> that investors should take into consideration. Is Espec not quite the opportunity you were looking for? Why not check out our <strong>selection of top dividend stocks.</strong></p>
<div class="lb-trans"><p>市场动向证明了一致的股息政策相比于更不可预测的政策是多么被高度重视。然而，投资者在分析一家公司时需要考虑除了股息支付之外的许多其他因素。例如，我们挑选出了 <strong>Espec 的 1 个警示信号</strong>，投资者应予以考虑。Espec 是否不是您所寻找的机会？为什么不查看我们的 <strong>顶级股息股票选择</strong>。</p>
</div>

Espec（东京证券交易所代码：6859）将支付每股 45.00 日元的股息