Analyzing NYSE:FDX's Dividend Potential.

Consider FEDEX CORP (NYSE:FDX) as a top pick for dividend investors, identified by our stock screening tool. NYSE:FDX shines in terms of profitability, solvency, and liquidity, all while paying a decent dividend. Let's dive deeper into the analysis.

Unpacking NYSE:FDX's Dividend Rating

ChartMill provides a Dividend Rating for every stock, ranging from 0 to 10. This rating assesses various dividend aspects, including yield, growth, and sustainability. NYSE:FDX earns a 7 out of 10:

• Compared to an average industry Dividend Yield of 2.65, FDX pays a bit more dividend than its industry peers.
• The dividend of FDX is nicely growing with an annual growth rate of 14.41%!
• FDX has paid a dividend for at least 10 years, which is a reliable track record.
• FDX has not decreased their dividend for at least 10 years, which is a reliable track record.
• FDX pays out 29.11% of its income as dividend. This is a sustainable payout ratio.

Looking at the Health

ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NYSE:FDX, the assigned 5 reflects its health status:

• With a decent Debt to FCF ratio value of 6.44, FDX is doing good in the industry, outperforming 61.11% of the companies in the same industry.
• FDX has a Current ratio of 1.36. This is in the better half of the industry: FDX outperforms 66.67% of its industry peers.
• Looking at the Quick ratio, with a value of 1.32, FDX is in the better half of the industry, outperforming 66.67% of the companies in the same industry.

Assessing Profitability for NYSE:FDX

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:FDX has achieved a 7:

• FDX has a better Return On Assets (4.97%) than 66.67% of its industry peers.
• FDX's Return On Equity of 15.68% is fine compared to the rest of the industry. FDX outperforms 77.78% of its industry peers.
• With a decent Return On Invested Capital value of 6.28%, FDX is doing good in the industry, outperforming 61.11% of the companies in the same industry.
• The 3 year average ROIC (6.15%) for FDX is below the current ROIC(6.28%), indicating increased profibility in the last year.
• FDX's Profit Margin of 4.93% is fine compared to the rest of the industry. FDX outperforms 77.78% of its industry peers.
• In the last couple of years the Profit Margin of FDX has grown nicely.
• Looking at the Operating Margin, with a value of 7.12%, FDX is in the better half of the industry, outperforming 77.78% of the companies in the same industry.
• Looking at the Gross Margin, with a value of 70.77%, FDX belongs to the top of the industry, outperforming 94.44% of the companies in the same industry.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

For an up to date full fundamental analysis you can check the fundamental report of FDX

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.