<p><strong>美津濃</strong> (TSE:8022) 將於 12 月 2 日支付每股 ¥25.00 的股息。根據這一支付，股息收益率將為 1.9%，這在行業中是相當典型的。</p>
<p>這項技術可能會取代計算機：發現 20 只正在努力使量子計算成為現實的股票。</p>
<h2>美津濃的預期收益似乎足以覆蓋未來的分配</h2>
<p>除非這些支付是可持續的，否則股息收益率並沒有太大意義。在發佈這一公告之前，美津濃支付了相當大比例的收益和現金流，股息佔現金流的 133%。支付如此高比例的現金流可能會使企業在面臨挑戰時需要削減股息。</p>
<p>展望未來，預計每股收益將在明年增長 7.2%。在假設股息將繼續沿着近期趨勢發展的情況下，我們認為支付比率可能為 64%，這將相當舒適地支持未來的股息。</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 歷史股息 2025 年 9 月 19 日</p>
<p>查看我們對美津濃的最新分析</p>
<h2>美津濃有着穩健的業績記錄</h2>
<p>即使在長期支付股息的歷史中，該公司的分配也異常穩定。自 2015 年以來，當時的年度支付為 ¥16.67，而最近一年的支付為 ¥50.00。這意味着公司在此期間以約 12% 的年率增長其分配。長期快速增長的股息對於收入股票來説是一個非常有價值的特徵。</p>
<h2>美津濃的股息可能缺乏增長</h2>
<p>公司的投資者會很高興在一段時間內獲得股息收入。我們很高興看到美津濃在過去五年中每股收益年增長率達到 46%。快速增長的收益很好，但如果沒有對業務進行一些再投資，這種增長很難持續，而美津濃並沒有這樣做。</p>
<h2>我們對美津濃股息的看法</h2>
<p>總體而言，我們認為這家公司並不是一個優秀的股息股票，儘管今年股息沒有被削減。儘管他們過去一直保持一致，但我們認為支付的股息有些高，難以持續。我們可能會在其他地方尋找收入投資。</p>
<p>市場動向證明了穩定的股息政策相比於更不可預測的政策是多麼受重視。然而，在分析股票表現時，投資者還有其他因素需要考慮。進一步討論，我們已經識別出 <strong>美津濃的一個警示信號</strong>，投資者在未來需要對此保持警惕。美津濃是否不是你所尋找的機會？為什麼不查看我們 <strong>精選的頂級股息股票</strong>。</p>

美津濃

<p>美津濃（TSE:8022）將於 12 月 2 日支付每股 25.00 日元的股息，收益率為 1.9%。儘管其股息歷史穩定，但由於派息比率較高，股息佔現金流的 133%，引發了擔憂。未來收益預計將增長 7.2%，這可能會將派息比率降低至 64%。雖然美津濃表現出持續的股息增長，但缺乏再投資引發了可持續性的問題。總體而言，這可能不是一隻強勁的股息股票，投資者可能需要考慮其他選擇</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>美津濃</strong> (TSE:8022) 將於 12 月 2 日支付每股 ¥25.00 的股息。根據這一支付，股息收益率將為 1.9%，這在行業中是相當典型的。</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>這項技術可能會取代計算機：發現 20 只正在努力使量子計算成為現實的股票。</p>
</div><h2>Mizuno's Projected Earnings Seem Likely To Cover Future Distributions</h2>
<div class="lb-trans"><h2>美津濃的預期收益似乎足以覆蓋未來的分配</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>除非這些支付是可持續的，否則股息收益率並沒有太大意義。在發佈這一公告之前，美津濃支付了相當大比例的收益和現金流，股息佔現金流的 133%。支付如此高比例的現金流可能會使企業在面臨挑戰時需要削減股息。</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>展望未來，預計每股收益將在明年增長 7.2%。在假設股息將繼續沿着近期趨勢發展的情況下，我們認為支付比率可能為 64%，這將相當舒適地支持未來的股息。</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 歷史股息 2025 年 9 月 19 日</p>
</div><p>See our latest analysis for Mizuno</p>
<div class="lb-trans"><p>查看我們對美津濃的最新分析</p>
</div><h2>Mizuno Has A Solid Track Record</h2>
<div class="lb-trans"><h2>美津濃有着穩健的業績記錄</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>即使在長期支付股息的歷史中，該公司的分配也異常穩定。自 2015 年以來，當時的年度支付為 ¥16.67，而最近一年的支付為 ¥50.00。這意味着公司在此期間以約 12% 的年率增長其分配。長期快速增長的股息對於收入股票來説是一個非常有價值的特徵。</p>
</div><h2>Mizuno's Dividend Might Lack Growth</h2>
<div class="lb-trans"><h2>美津濃的股息可能缺乏增長</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>公司的投資者會很高興在一段時間內獲得股息收入。我們很高興看到美津濃在過去五年中每股收益年增長率達到 46%。快速增長的收益很好，但如果沒有對業務進行一些再投資，這種增長很難持續，而美津濃並沒有這樣做。</p>
</div><h2>Our Thoughts On Mizuno's Dividend</h2>
<div class="lb-trans"><h2>我們對美津濃股息的看法</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>總體而言，我們認為這家公司並不是一個優秀的股息股票，儘管今年股息沒有被削減。儘管他們過去一直保持一致，但我們認為支付的股息有些高，難以持續。我們可能會在其他地方尋找收入投資。</p>
</div><p>Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. 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>市場動向證明了穩定的股息政策相比於更不可預測的政策是多麼受重視。然而，在分析股票表現時，投資者還有其他因素需要考慮。進一步討論，我們已經識別出 <strong>美津濃的一個警示信號</strong>，投資者在未來需要對此保持警惕。美津濃是否不是你所尋找的機會？為什麼不查看我們 <strong>精選的頂級股息股票</strong>。</p>
</div>

美津濃（TSE:8022）將支付每股 25.00 日元的股息