<p><strong>Espec Corp.</strong> (TSE:6859) 將於 12 月 10 日支付每股¥45.00 的股息。這使得股息收益率達到 3.6%，高於行業平均水平。</p>
<p>雖然股息收益率對收入投資者很重要，但考慮到任何大幅的股價波動同樣重要，因為這通常會超過分配帶來的收益。投資者會高興地看到，Espec 的股價在過去 3 個月中上漲了 49%，這對股東來説是好消息，也可以解釋股息收益率的下降。</p>
<p>人工智能即將改變醫療保健。這 20 只股票正在從早期診斷到藥物發現等各個方面進行工作。最棒的是——它們的市值都在 100 億美元以下——現在仍然有機會提前佈局。</p>
<h2>Espec 的預計收益似乎足以覆蓋未來的分配</h2>
<p>幾年的高股息收益率並不意味着什麼，如果它無法持續。根據上一次的支付，Espec 僅支付了部分收益，但支付金額卻高達現金流的 111%。如此高的現金支付比率可能會給股息帶來壓力，並在公司遇到困難時迫使其減少股息。</p>
<p>展望未來，預計每股收益將在明年增長 8.1%。假設股息繼續沿着近期趨勢發展，我們認為到明年支付比率可能會達到 39%，這在一個相對可持續的範圍內。</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 歷史股息 2025 年 7 月 9 日</p>
<p>查看我們對 Espec 的最新分析</p>
<h2>股息波動性</h2>
<p>該公司的股息歷史標誌着不穩定，過去 10 年中至少有一次削減。股息從 2015 年的每年總額¥26.00 增長到最近的每年總支付¥115.00。這意味着在此期間其分配以每年 16% 的速度增長。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激進。</p>
<h2>股息看起來有可能增長</h2>
<p>在相對不穩定的股息情況下，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。我們欣慰地看到，Espec 在過去五年中每股收益以每年 17% 的速度增長。考慮到相當的增長和較低的支付比率，我們認為這對 Espec 未來增長股息支付的前景是有利的。</p>
<h2>我們對 Espec 股息的看法</h2>
<p>總體而言，這可能不是一隻很好的收入股票，儘管目前股息正在增加。雖然 Espec 的收益足以覆蓋支付，但現金流卻不足。我們對依賴這隻股票主要獲取股息收入持謹慎態度。</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被高度重視。然而，投資者在分析一家公司時需要考慮除了股息支付之外的許多其他因素。例如，我們挑選出了 <strong>Espec 的 1 個警示信號</strong>，投資者應予以考慮。Espec 是否不是您所尋找的機會？為什麼不查看我們的 <strong>頂級股息股票選擇</strong>。</p>

6859

<p>Espec Corp.（東京證券交易所代碼：6859）將於 12 月 10 日支付每股 45.00 日元的股息，收益率為 3.6%。該股票在過去三個月上漲了 49%，影響了股息收益率。儘管現金支付比率高達 111%，但預計明年的每股收益將增長 8.1%，這可能會將支付比率降低至 39%。該公司的股息歷史顯示出不穩定，自 2015 年以來年均增長率為 16%。雖然目前正在提高股息，但由於現金流問題，建議以收入為重點的投資者保持謹慎</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) 將於 12 月 10 日支付每股¥45.00 的股息。這使得股息收益率達到 3.6%，高於行業平均水平。</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>雖然股息收益率對收入投資者很重要，但考慮到任何大幅的股價波動同樣重要，因為這通常會超過分配帶來的收益。投資者會高興地看到，Espec 的股價在過去 3 個月中上漲了 49%，這對股東來説是好消息，也可以解釋股息收益率的下降。</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>人工智能即將改變醫療保健。這 20 只股票正在從早期診斷到藥物發現等各個方面進行工作。最棒的是——它們的市值都在 100 億美元以下——現在仍然有機會提前佈局。</p>
</div><h2>Espec's Projected Earnings Seem Likely To Cover Future Distributions</h2>
<div class="lb-trans"><h2>Espec 的預計收益似乎足以覆蓋未來的分配</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>幾年的高股息收益率並不意味着什麼，如果它無法持續。根據上一次的支付，Espec 僅支付了部分收益，但支付金額卻高達現金流的 111%。如此高的現金支付比率可能會給股息帶來壓力，並在公司遇到困難時迫使其減少股息。</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>展望未來，預計每股收益將在明年增長 8.1%。假設股息繼續沿着近期趨勢發展，我們認為到明年支付比率可能會達到 39%，這在一個相對可持續的範圍內。</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 歷史股息 2025 年 7 月 9 日</p>
</div><p>See our latest analysis for Espec</p>
<div class="lb-trans"><p>查看我們對 Espec 的最新分析</p>
</div><h2>Dividend Volatility</h2>
<div class="lb-trans"><h2>股息波動性</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>該公司的股息歷史標誌着不穩定，過去 10 年中至少有一次削減。股息從 2015 年的每年總額¥26.00 增長到最近的每年總支付¥115.00。這意味着在此期間其分配以每年 16% 的速度增長。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激進。</p>
</div><h2>The Dividend Looks Likely To Grow</h2>
<div class="lb-trans"><h2>股息看起來有可能增長</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>在相對不穩定的股息情況下，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。我們欣慰地看到，Espec 在過去五年中每股收益以每年 17% 的速度增長。考慮到相當的增長和較低的支付比率，我們認為這對 Espec 未來增長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>我們對 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>總體而言，這可能不是一隻很好的收入股票，儘管目前股息正在增加。雖然 Espec 的收益足以覆蓋支付，但現金流卻不足。我們對依賴這隻股票主要獲取股息收入持謹慎態度。</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被高度重視。然而，投資者在分析一家公司時需要考慮除了股息支付之外的許多其他因素。例如，我們挑選出了 <strong>Espec 的 1 個警示信號</strong>，投資者應予以考慮。Espec 是否不是您所尋找的機會？為什麼不查看我們的 <strong>頂級股息股票選擇</strong>。</p>
</div>

Espec（東京證券交易所代碼：6859）將支付每股 45.00 日元的股息