7 things you need to know before you show up at boot camp
Everyone who enters the US military these days will go through basic training.
Although each branch of the military (including the Coast Guard) has a markedly different experience in their initial training days, there are things a young would-be troop can know and do to prepare themselves mentally and physically for whatever service they're about to enter, regardless of gender.
Prepare to fear and then respect the campaign hat, pukes.
Does Henry Boot PLC (LON:BOOT) Have A Place In Your Portfolio?
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Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. Historically, Henry Boot PLC (LON:BOOT) has been paying a dividend to shareholders. Today it yields 3.1%. Let’s dig deeper into whether Henry Boot should have a place in your portfolio.
Check out our latest analysis for Henry Boot
5 checks you should do on a dividend stock
When researching a dividend stock, I always follow the following screening criteria:
LSE:BOOT Historical Dividend Yield, February 22nd 2019
MoreHow does Henry Boot fare?
The company currently pays out 24% of its earnings as a dividend, according to its trailing twelve-month data, which means that the dividend is covered by earnings. Going forward, analysts expect BOOT’s payout to increase to 35% of its earnings. Assuming a constant share price, this equates to a dividend yield of around 3.8%. However, EPS is forecasted to fall to £0.27 in the upcoming year. Therefore, although payout is expected to increase, the fall in earnings may not equate to higher dividend income.
If you want to dive deeper into the sustainability of a certain payout ratio, you may wish to consider the cash flow of the business. A business with strong cash flow can sustain a higher divided payout ratio than a company with weak cash flow.
If there is one thing that you want to be reliable in your life, it’s dividend stocks and their constant income stream. Although BOOT’s per share payments have increased in the past 10 years, it has not been a completely smooth ride. Shareholders would have seen a few years of reduced payments in this time.
Compared to its peers, Henry Boot has a yield of 3.1%, which is on the low-side for Consumer Durables stocks.
Next Steps:
Taking into account the dividend metrics, Henry Boot ticks most of the boxes as a strong dividend investment, putting it in my list of top dividend payers. Given that this is purely a dividend analysis, I urge potential investors to try and get a good understanding of the underlying business and its fundamentals before deciding on an investment. There are three relevant factors you should further research:
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.
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