<p><strong>美津浓</strong> (TSE:8022) 将于 12 月 2 日支付每股 ¥25.00 的股息。根据这一支付，股息收益率将为 1.9%，这在行业中是相当典型的。</p>
<p>这项技术可能会取代计算机：发现 20 只正在努力使量子计算成为现实的股票。</p>
<h2>美津浓的预期收益似乎足以覆盖未来的分配</h2>
<p>除非这些支付是可持续的，否则股息收益率并没有太大意义。在发布这一公告之前，美津浓支付了相当大比例的收益和现金流，股息占现金流的 133%。支付如此高比例的现金流可能会使企业在面临挑战时需要削减股息。</p>
<p>展望未来，预计每股收益将在明年增长 7.2%。在假设股息将继续沿着近期趋势发展的情况下，我们认为支付比率可能为 64%，这将相当舒适地支持未来的股息。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/875554-historic-dividend-1-dark-2/1758325276627?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/875554-historic-dividend-1-dark-2/1758325276627"/></p>
<p>TSE:8022 历史股息 2025 年 9 月 19 日</p>
<p>查看我们对美津浓的最新分析</p>
<h2>美津浓有着稳健的业绩记录</h2>
<p>即使在长期支付股息的历史中，该公司的分配也异常稳定。自 2015 年以来，当时的年度支付为 ¥16.67，而最近一年的支付为 ¥50.00。这意味着公司在此期间以约 12% 的年率增长其分配。长期快速增长的股息对于收入股票来说是一个非常有价值的特征。</p>
<h2>美津浓的股息可能缺乏增长</h2>
<p>公司的投资者会很高兴在一段时间内获得股息收入。我们很高兴看到美津浓在过去五年中每股收益年增长率达到 46%。快速增长的收益很好，但如果没有对业务进行一些再投资，这种增长很难持续，而美津浓并没有这样做。</p>
<h2>我们对美津浓股息的看法</h2>
<p>总体而言，我们认为这家公司并不是一个优秀的股息股票，尽管今年股息没有被削减。尽管他们过去一直保持一致，但我们认为支付的股息有些高，难以持续。我们可能会在其他地方寻找收入投资。</p>
<p>市场动向证明了稳定的股息政策相比于更不可预测的政策是多么受重视。然而，在分析股票表现时，投资者还有其他因素需要考虑。进一步讨论，我们已经识别出 <strong>美津浓的一个警示信号</strong>，投资者在未来需要对此保持警惕。美津浓是否不是你所寻找的机会？为什么不查看我们 <strong>精选的顶级股息股票</strong>。</p>

美津浓

<p>美津浓（TSE:8022）将于 12 月 2 日支付每股 25.00 日元的股息，收益率为 1.9%。尽管其股息历史稳定，但由于派息比率较高，股息占现金流的 133%，引发了担忧。未来收益预计将增长 7.2%，这可能会将派息比率降低至 64%。虽然美津浓表现出持续的股息增长，但缺乏再投资引发了可持续性的问题。总体而言，这可能不是一只强劲的股息股票，投资者可能需要考虑其他选择</p>

<p><strong>Mizuno Corporation</strong> (TSE:8022) will pay a dividend of ¥25.00 on the 2nd of December. Based on this payment, the dividend yield will be 1.9%, which is fairly typical for the industry.</p>
<div class="lb-trans"><p><strong>美津浓</strong> (TSE:8022) 将于 12 月 2 日支付每股 ¥25.00 的股息。根据这一支付，股息收益率将为 1.9%，这在行业中是相当典型的。</p>
</div><p>This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.</p>
<div class="lb-trans"><p>这项技术可能会取代计算机：发现 20 只正在努力使量子计算成为现实的股票。</p>
</div><h2>Mizuno's Projected Earnings Seem Likely To Cover Future Distributions</h2>
<div class="lb-trans"><h2>美津浓的预期收益似乎足以覆盖未来的分配</h2>
</div><p>Unless the payments are sustainable, the dividend yield doesn't mean too much. Before making this announcement, Mizuno was paying out quite a large proportion of both earnings and cash flow, with the dividend being 133% of cash flows. Paying out such a high proportion of cash flows can expose the business to needing to cut the dividend if the business runs into some challenges.</p>
<div class="lb-trans"><p>除非这些支付是可持续的，否则股息收益率并没有太大意义。在发布这一公告之前，美津浓支付了相当大比例的收益和现金流，股息占现金流的 133%。支付如此高比例的现金流可能会使企业在面临挑战时需要削减股息。</p>
</div><p>Looking forward, earnings per share is forecast to rise by 7.2% over the next year. Under the assumption that the dividend will continue along recent trends, we think the payout ratio could be 64% which would be quite comfortable going to take the dividend forward.</p>
<div class="lb-trans"><p>展望未来，预计每股收益将在明年增长 7.2%。在假设股息将继续沿着近期趋势发展的情况下，我们认为支付比率可能为 64%，这将相当舒适地支持未来的股息。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/875554-historic-dividend-1-dark-2/1758325276627" alt="" original-src="https://images.simplywall.st/asset/chart/875554-historic-dividend-1-dark-2/1758325276627"/></p>
<p>TSE:8022 Historic Dividend September 19th 2025</p>
<div class="lb-trans"><p>TSE:8022 历史股息 2025 年 9 月 19 日</p>
</div><p>See our latest analysis for Mizuno</p>
<div class="lb-trans"><p>查看我们对美津浓的最新分析</p>
</div><h2>Mizuno Has A Solid Track Record</h2>
<div class="lb-trans"><h2>美津浓有着稳健的业绩记录</h2>
</div><p>Even over a long history of paying dividends, the company's distributions have been remarkably stable. Since 2015, the annual payment back then was ¥16.67, compared to the most recent full-year payment of ¥50.00. This implies that the company grew its distributions at a yearly rate of about 12% over that duration. Rapidly growing dividends for a long time is a very valuable feature for an income stock.</p>
<div class="lb-trans"><p>即使在长期支付股息的历史中，该公司的分配也异常稳定。自 2015 年以来，当时的年度支付为 ¥16.67，而最近一年的支付为 ¥50.00。这意味着公司在此期间以约 12% 的年率增长其分配。长期快速增长的股息对于收入股票来说是一个非常有价值的特征。</p>
</div><h2>Mizuno's Dividend Might Lack Growth</h2>
<div class="lb-trans"><h2>美津浓的股息可能缺乏增长</h2>
</div><p>The company's investors will be pleased to have been receiving dividend income for some time. We are encouraged to see that Mizuno has grown earnings per share at 46% per year over the past five years. Fast growing earnings are great, but this can rarely be sustained without some reinvestment into the business, which Mizuno hasn't been doing.</p>
<div class="lb-trans"><p>公司的投资者会很高兴在一段时间内获得股息收入。我们很高兴看到美津浓在过去五年中每股收益年增长率达到 46%。快速增长的收益很好，但如果没有对业务进行一些再投资，这种增长很难持续，而美津浓并没有这样做。</p>
</div><h2>Our Thoughts On Mizuno's Dividend</h2>
<div class="lb-trans"><h2>我们对美津浓股息的看法</h2>
</div><p>Overall, we don't think this company makes a great dividend stock, even though the dividend wasn't cut this year. Although they have been consistent in the past, we think the payments are a little high to be sustained. We would probably look elsewhere for an income investment.</p>
<div class="lb-trans"><p>总体而言，我们认为这家公司并不是一个优秀的股息股票，尽管今年股息没有被削减。尽管他们过去一直保持一致，但我们认为支付的股息有些高，难以持续。我们可能会在其他地方寻找收入投资。</p>
</div><p>Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. However, there are other things to consider for investors when analysing stock performance. Taking the debate a bit further, we've identified <strong>1 warning sign for Mizuno</strong> that investors need to be conscious of moving forward. Is Mizuno 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>市场动向证明了稳定的股息政策相比于更不可预测的政策是多么受重视。然而，在分析股票表现时，投资者还有其他因素需要考虑。进一步讨论，我们已经识别出 <strong>美津浓的一个警示信号</strong>，投资者在未来需要对此保持警惕。美津浓是否不是你所寻找的机会？为什么不查看我们 <strong>精选的顶级股息股票</strong>。</p>
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美津浓（TSE:8022）将支付每股 25.00 日元的股息