<p>去年，能源公司 <strong>Northland Power</strong>（多伦多证券交易所代码：NPI）将其股息大幅削减了 40%。对于收入投资者来说，这绝对不是好消息。但当市场担心高收益不可持续时，有时削减股息反而会使股票变得更具吸引力，因为投资者会更加相信公司正在采取必要措施来增强其财务状况。</p>
<p>Northland Power 现在每年每股支付 0.72 美元的股息，这意味着股息收益率为 3.7%，而之前的收益率超过 6%。不过，它仍然每月支付股息，这使得它比那些仅每季度支付一次股息的平均股息股票更具吸引力。</p>
<p>在股息削减的消息传出后，股票暴跌，在过去六个月中，股价下跌了约 17%。但更大的问题是缺乏盈利能力。在过去两个季度中，公司出现了亏损，这让人质疑即使是当前的股息是否可持续。如果一家公司在盈利方面挣扎，那么任何股息都可能显得风险很大。</p>
<p>总体而言，这不是我会因为股息而购买的股票，因为没有保证未来不会进一步削减股息。在 Northland Power 展现出一些稳定迹象并让投资者对其未来财务状况的强度有信心之前，最好还是远离这只股票，因为还有许多其他股息股票可以作为更安全的投资选择。</p>

POWR

公用事业 ETF - Vanguard

华夏中证绿色电力ETF

标普全球基础设施股指数 ETF - iShares

美国基础设施发展 ETF - GlobalX

美国基础设施 ETF - iShares

<p>北方电力（TSX:NPI）将其股息削减了 40%，现在每股支付$0.72，收益率为 3.7%。尽管每月支付股息，但由于盈利能力的担忧，该股票在六个月内下跌了 17%，因为公司在过去两个季度报告了亏损。目前股息的可持续性受到质疑，使其成为一种高风险投资。投资者可能希望在北方电力展示财务稳定性之前避免投资，因为还有其他更安全的股息股票选择</p>

<p>Last year, energy company <strong>Northland Power</strong>(TSX:NPI) slashed its dividend by a whopping 40%. For income investors, that's never good news. But when the market is worried about a high yield being unsustainable, sometimes a cut can actually result in the stock becoming a more attractive buy, as investors become more confident that the business is making the necessary moves to strengthen its financials.</p>
<div class="lb-trans"><p>去年，能源公司 <strong>Northland Power</strong>（多伦多证券交易所代码：NPI）将其股息大幅削减了 40%。对于收入投资者来说，这绝对不是好消息。但当市场担心高收益不可持续时，有时削减股息反而会使股票变得更具吸引力，因为投资者会更加相信公司正在采取必要措施来增强其财务状况。</p>
</div><p>Northland Power now pays $0.72 per share on an annual basis, which translates into a dividend yield of 3.7%, versus the more than 6% that it was previously paying. It still pays investors every month, however, which makes it a bit more attractive of an investment than the average dividend stock that pays just every quarter.</p>
<div class="lb-trans"><p>Northland Power 现在每年每股支付 0.72 美元的股息，这意味着股息收益率为 3.7%，而之前的收益率超过 6%。不过，它仍然每月支付股息，这使得它比那些仅每季度支付一次股息的平均股息股票更具吸引力。</p>
</div><p>The stock nosedived after news of the dividend cut and in the past six months, it has fallen around 17%. But the bigger issue is the lack of profitability. In the past two quarters, the company has incurred losses, which call into question if even the current dividend is sustainable. If a company is struggling with profitability, that can make any dividend seem risky.</p>
<div class="lb-trans"><p>在股息削减的消息传出后，股票暴跌，在过去六个月中，股价下跌了约 17%。但更大的问题是缺乏盈利能力。在过去两个季度中，公司出现了亏损，这让人质疑即使是当前的股息是否可持续。如果一家公司在盈利方面挣扎，那么任何股息都可能显得风险很大。</p>
</div><p>Overall, this isn't a stock I'd buy for its dividend, because there's no guarantee that a further cut may not be coming in the future. Until Northland Power shows some signs of stability and reason for investors to have confidence in the strength of its financials moving forward, it may be better to stay away as there are many other dividend stocks that can make for much safer buys.</p>
<div class="lb-trans"><p>总体而言，这不是我会因为股息而购买的股票，因为没有保证未来不会进一步削减股息。在 Northland Power 展现出一些稳定迹象并让投资者对其未来财务状况的强度有信心之前，最好还是远离这只股票，因为还有许多其他股息股票可以作为更安全的投资选择。</p>
</div>

北陆电力在削减股息后是否仍然是值得购买的股息股票？