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Why NYSE:BG is a Top Pick for Dividend Investors.

By Mill Chart

Last update: Dec 31, 2024

Unearth the potential of BUNGE GLOBAL SA (NYSE:BG) as a dividend stock recommended by our stock screening tool. NYSE:BG maintains a robust financial footing and delivers a sustainable dividend. We'll delve into the details below.


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Analyzing Dividend Metrics

ChartMill employs its own Dividend Rating system for all stocks. This score, on a scale of 0 to 10, is determined by evaluating different dividend factors, such as yield, historical performance, dividend growth, and sustainability. NYSE:BG has been assigned a 7 for dividend:

  • BG's Dividend Yield is a higher than the industry average which is at 3.83.
  • BG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
  • BG has been paying a dividend for at least 10 years, so it has a reliable track record.
  • BG has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
  • BG pays out 17.08% of its income as dividend. This is a sustainable payout ratio.

Deciphering NYSE:BG's Health Rating

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:BG scores a 6 out of 10:

  • BG has an Altman-Z score of 4.26. This indicates that BG is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 4.26, BG belongs to the top of the industry, outperforming 82.22% of the companies in the same industry.
  • The Debt to FCF ratio of BG is 2.23, which is a good value as it means it would take BG, 2.23 years of fcf income to pay off all of its debts.
  • With a decent Debt to FCF ratio value of 2.23, BG is doing good in the industry, outperforming 76.67% of the companies in the same industry.
  • A Debt/Equity ratio of 0.45 indicates that BG is not too dependend on debt financing.
  • BG has a Current Ratio of 2.13. This indicates that BG is financially healthy and has no problem in meeting its short term obligations.
  • BG has a better Current ratio (2.13) than 67.78% of its industry peers.
  • BG has a Quick ratio of 1.20. This is in the better half of the industry: BG outperforms 70.00% of its industry peers.

Profitability Examination for NYSE:BG

ChartMill assigns a proprietary Profitability Rating to each stock. The score is computed by evaluating various profitability ratios and margins and ranges from 0 to 10. NYSE:BG was assigned a score of 7 for profitability:

  • The Return On Assets of BG (8.84%) is better than 87.78% of its industry peers.
  • Looking at the Return On Equity, with a value of 20.67%, BG belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
  • BG has a better Return On Invested Capital (13.58%) than 90.00% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for BG is above the industry average of 8.82%.
  • The 3 year average ROIC (12.86%) for BG is below the current ROIC(13.58%), indicating increased profibility in the last year.
  • BG's Profit Margin has improved in the last couple of years.
  • BG's Operating Margin has improved in the last couple of years.
  • In the last couple of years the Gross Margin of BG has grown nicely.

More Best Dividend stocks can be found in our Best Dividend screener.

Check the latest full fundamental report of BG for a complete fundamental analysis.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.

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