<p><strong>天諾克公司</strong>（TSE:1905）董事會宣佈，將於 6 月 30 日將股息提高 53%，至 29.00 日元，較去年同期的 19.00 日元有所上升。這使得股息收益率大致與行業平均水平相當，約為 3.4%。</p>
<h2>天諾克未來的股息預測似乎得到了盈利的良好支持</h2>
<p>穩定的股息收益率是很好的，但只有在支付可持續的情況下才真正有幫助。然而，在此次公告之前，天諾克的股息得到了現金流和盈利的良好支持。這意味着公司大部分的收益都用於幫助其增長。</p>
<p>展望未來，如果公司無法扭轉過去幾年的局面，每股收益可能會下降 4.0%。假設股息繼續沿着近期趨勢發展，我們認為支付比率可能為 48%，我們對此感到相當滿意，並認為在盈利基礎上是可行的。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/5577940-historic-dividend-1-dark/1742605701676?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/5577940-historic-dividend-1-dark/1742605701676"/></p>
<p>TSE:1905 歷史股息 2025 年 3 月 22 日</p>
<p>查看我們對天諾克的最新分析</p>
<h2>股息波動性</h2>
<p>儘管公司有着悠久的股息歷史，但在過去 10 年中至少有一次被削減。自 2015 年以來，股息從每年 12.00 日元增加到 40.00 日元。這在此期間的年複合增長率（CAGR）約為 13%。看到股息支付的強勁增長是很好的，但削減令人擔憂，因為這可能表明支付政策過於雄心勃勃。</p>
<h2>天諾克可能難以增長股息</h2>
<p>由於股息相對不穩定，更重要的是評估每股收益是否在增長，這可能預示着未來股息的增長。在過去五年中，天諾克的每股收益似乎每年下降約 4.0%。收益的適度下降並不好，這使得未來股息增長的可能性相當小，除非這一趨勢能夠逆轉。</p>
<h2>我們對天諾克股息的看法</h2>
<p>總之，雖然看到股息上升總是好的，但我們認為天諾克的支付並不穩固。公司產生了大量現金，這可能在一段時間內維持股息，但其過往記錄並不理想。我們可能會考慮其他收入投資。</p>
<p>市場動向證明了一致的股息政策相比於更不可預測的政策是多麼受到重視。同時，儘管股息支付的重要性不容忽視，但在評估公司時，讀者還應瞭解其他因素。舉個例子：我們發現了 <strong>天諾克的 3 個警告信號</strong>（其中 1 個有點令人擔憂！）你應該知道。如果你是股息投資者，你可能還想查看我們 <strong>精心挑選的高收益股息股票清單。</strong></p>
<p>如果你想交易天諾克，請在專業人士信任的最低成本平台上開設賬户，Interactive Brokers。</p>
<p>IBKR 在 200 多個國家和地區擁有客户，並可訪問 160 個市場，讓你可以通過一個集成賬户交易股票、期權、期貨、外匯、債券和基金。</p>
<p>享受無隱藏費用，無賬户最低要求，外匯轉換率低至 0.03%，遠遠優於大多數經紀商提供的服務。</p>
<p>贊助內容</p>

1905

<p>Tenox Corporation（東京證券交易所代碼：1905）宣佈將其股息提高 53%，至 29.00 日元，自 6 月 30 日起生效，較去年 19.00 日元有所上升，使其收益率與行業平均水平保持在 3.4%。該股息由盈利良好覆蓋，但如果趨勢持續，預計每股收益（EPS）可能下降 4.0%。儘管有強勁的股息增長曆史，但由於過去的削減和每股收益下降，仍然存在擔憂，使未來增長變得不確定。建議投資者在為收入投資 Tenox 之前考慮這些因素</p>

<p>The board of <strong>Tenox Corporation</strong> (TSE:1905) has announced that it will be increasing its dividend by 53% on the 30th of June to ¥29.00, up from last year's comparable payment of ¥19.00. This makes the dividend yield about the same as the industry average at 3.4%.</p>
<div class="lb-trans"><p><strong>天諾克公司</strong>（TSE:1905）董事會宣佈，將於 6 月 30 日將股息提高 53%，至 29.00 日元，較去年同期的 19.00 日元有所上升。這使得股息收益率大致與行業平均水平相當，約為 3.4%。</p>
</div><h2>Tenox's Future Dividend Projections Appear Well Covered By Earnings</h2>
<div class="lb-trans"><h2>天諾克未來的股息預測似乎得到了盈利的良好支持</h2>
</div><p>Solid dividend yields are great, but they only really help us if the payment is sustainable. However, prior to this announcement, Tenox's dividend was comfortably covered by both cash flow and earnings. This means that most of what the business earns is being used to help it grow.</p>
<div class="lb-trans"><p>穩定的股息收益率是很好的，但只有在支付可持續的情況下才真正有幫助。然而，在此次公告之前，天諾克的股息得到了現金流和盈利的良好支持。這意味着公司大部分的收益都用於幫助其增長。</p>
</div><p>Looking forward, EPS could fall by 4.0% if the company can't turn things around from the last few years. Assuming the dividend continues along recent trends, we believe the payout ratio could be 48%, which we are pretty comfortable with and we think is feasible on an earnings basis.</p>
<div class="lb-trans"><p>展望未來，如果公司無法扭轉過去幾年的局面，每股收益可能會下降 4.0%。假設股息繼續沿着近期趨勢發展，我們認為支付比率可能為 48%，我們對此感到相當滿意，並認為在盈利基礎上是可行的。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/5577940-historic-dividend-1-dark/1742605701676" alt="" original-src="https://images.simplywall.st/asset/chart/5577940-historic-dividend-1-dark/1742605701676"/></p>
<p>TSE:1905 Historic Dividend March 22nd 2025</p>
<div class="lb-trans"><p>TSE:1905 歷史股息 2025 年 3 月 22 日</p>
</div><p>See our latest analysis for Tenox</p>
<div class="lb-trans"><p>查看我們對天諾克的最新分析</p>
</div><h2>Dividend Volatility</h2>
<div class="lb-trans"><h2>股息波動性</h2>
</div><p>Although the company has a long dividend history, it has been cut at least once in the last 10 years. Since 2015, the dividend has gone from ¥12.00 total annually to ¥40.00. This works out to be a compound annual growth rate (CAGR) of approximately 13% a year 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>儘管公司有着悠久的股息歷史，但在過去 10 年中至少有一次被削減。自 2015 年以來，股息從每年 12.00 日元增加到 40.00 日元。這在此期間的年複合增長率（CAGR）約為 13%。看到股息支付的強勁增長是很好的，但削減令人擔憂，因為這可能表明支付政策過於雄心勃勃。</p>
</div><h2>Tenox May Find It Hard To Grow The Dividend</h2>
<div class="lb-trans"><h2>天諾克可能難以增長股息</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. Over the past five years, it looks as though Tenox's EPS has declined at around 4.0% a year. A modest decline in earnings isn't great, and it makes it quite unlikely that the dividend will grow in the future unless that trend can be reversed.</p>
<div class="lb-trans"><p>由於股息相對不穩定，更重要的是評估每股收益是否在增長，這可能預示着未來股息的增長。在過去五年中，天諾克的每股收益似乎每年下降約 4.0%。收益的適度下降並不好，這使得未來股息增長的可能性相當小，除非這一趨勢能夠逆轉。</p>
</div><h2>Our Thoughts On Tenox's Dividend</h2>
<div class="lb-trans"><h2>我們對天諾克股息的看法</h2>
</div><p>In summary, while it's always good to see the dividend being raised, we don't think Tenox's payments are rock solid. The company is generating plenty of cash, which could maintain the dividend for a while, but the track record hasn't been great. We would probably look elsewhere for an income investment.</p>
<div class="lb-trans"><p>總之，雖然看到股息上升總是好的，但我們認為天諾克的支付並不穩固。公司產生了大量現金，這可能在一段時間內維持股息，但其過往記錄並不理想。我們可能會考慮其他收入投資。</p>
</div><p>Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. Case in point: We've spotted <strong>3 warning signs for Tenox</strong> (of which 1 is a bit concerning!) you should know about. If you are a dividend investor, you might also want to look at our <strong>curated list of high yield dividend stocks.</strong></p>
<div class="lb-trans"><p>市場動向證明了一致的股息政策相比於更不可預測的政策是多麼受到重視。同時，儘管股息支付的重要性不容忽視，但在評估公司時，讀者還應瞭解其他因素。舉個例子：我們發現了 <strong>天諾克的 3 個警告信號</strong>（其中 1 個有點令人擔憂！）你應該知道。如果你是股息投資者，你可能還想查看我們 <strong>精心挑選的高收益股息股票清單。</strong></p>
</div><p>If you're looking to trade Tenox, open an account with the lowest-cost platform trusted by professionals, Interactive Brokers.</p>
<div class="lb-trans"><p>如果你想交易天諾克，請在專業人士信任的最低成本平台上開設賬户，Interactive Brokers。</p>
</div><p>With clients in over 200 countries and territories, and access to 160 markets, IBKR lets you trade stocks, options, futures, forex, bonds and funds from a single integrated account.</p>
<div class="lb-trans"><p>IBKR 在 200 多個國家和地區擁有客户，並可訪問 160 個市場，讓你可以通過一個集成賬户交易股票、期權、期貨、外匯、債券和基金。</p>
</div><p>Enjoy no hidden fees, no account minimums, and FX conversion rates as low as 0.03%, far better than what most brokers offer.</p>
<div class="lb-trans"><p>享受無隱藏費用，無賬户最低要求，外匯轉換率低至 0.03%，遠遠優於大多數經紀商提供的服務。</p>
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<div class="lb-trans"><p>贊助內容</p>
</div>

Tenox (TSE:1905) 正在將其股息提高至 29.00 日元