FAST Graphs 对 $APD 的判断变化
这个频道在这只股票上的每一条判断，按时间倒序，每一步都读完那条视频里关于这只股票的全部内容。相邻两条方向不同的地方标出方向翻转。
所以，我们要看的下一个是Pepsi，另一家非常高质量的公司。现在Pepsi是A级债务，低于50%，这是我喜欢的。它是负评级。它提供低的股息收益率。但看看历史上股息增长有多快。
So, the next one we're going to look at is a prize, another very high quality company. Now price is A-rated debt below 50% which I like. It's a minus rated. It offers a low dividend yield. But look how fast the dividend has grown historically.
我们来看看Pepsi的历史图表，我们看到平均股息增长率一直是27%。复合增长率一直是20%。所以这家公司正在提高股息。
We'll go in the historical graph of a price and we see that the average dividend growth rate has been 27%. the compound growth rate has been 20%. So this company is raising that dividend.
所以，如果你距离退休还有10、15、20年，并且你在寻找一家既能创造财富又能创造收入的公司，那么像Pepsi这样的股票就能满足要求。
So if you've got 10, 15, 20 years before retirement and you're looking for a company that can build wealth but also build income, then a stock like a price would foot the bill.
现在如果你在估值合理时买入，我们将在这里这样做，这是一个与其当前交易价格相当的市盈率，也许当前的市盈率是12.75。如果我在这里以12倍的市盈率买入，并在本例中持有至其正常市盈率，那么这将产生17%的回报率，但它也会产生显著的股息增长。
Now if you buy it when the valuation is reasonable, and we'll do that here, which is a comparable PE to what it's currently trading at, maybe a little current PE is 12.75. If I've hit it here at at a a PE of 12 and hold it to its normal PE ratio in this example, then this would have generated a 17% rate of return, but it would have also generated a significant dividend growth.
换句话说，如果你在2026年买入这只股票，你一开始会有1%的股息收益率。但如果你持有这么多年，到去年，你的原始购买价格的股息收益率超过了14%。这就是快速股息增长的威力。
In other words, if you'd have bought this in 2026, you'd have started out with a 1% dividend yield. But if you held it all these years, by last year, your dividend yield was over 14% on your original purchase. That's how powerful fast dividend growth is.