Uncovering Dividend Opportunities with NYSE:FDX.

Our stock screening tool has identified FEDEX CORP (NYSE:FDX) as a strong dividend contender with robust fundamentals. NYSE:FDX exhibits commendable financial health and profitability, all while offering a sustainable dividend. Let's delve into each aspect below.

Assessing Dividend Metrics for NYSE:FDX

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:FDX has been assigned a 7 for dividend:

• FDX's Dividend Yield is a higher than the industry average which is at 2.57.
• On average, the dividend of FDX grows each year by 14.41%, which is quite nice.
• FDX has paid a dividend for at least 10 years, which is a reliable track record.
• FDX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
• 31.68% of the earnings are spent on dividend by FDX. This is a low number and sustainable payout ratio.

Assessing Health Metrics for NYSE:FDX

A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:FDX has received a 5 out of 10:

• FDX has a better Debt to FCF ratio (7.75) than 63.16% of its industry peers.

Looking at the Profitability

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's Return On Assets of 4.66% is fine compared to the rest of the industry. FDX outperforms 68.42% of its industry peers.
• Looking at the Return On Equity, with a value of 14.87%, FDX is in the better half of the industry, outperforming 78.95% of the companies in the same industry.
• FDX has a Return On Invested Capital of 5.98%. This is in the better half of the industry: FDX outperforms 63.16% of its industry peers.
• FDX has a Profit Margin of 4.61%. This is in the better half of the industry: FDX outperforms 78.95% of its industry peers.
• FDX's Profit Margin has improved in the last couple of years.
• With a decent Operating Margin value of 6.69%, FDX is doing good in the industry, outperforming 78.95% of the companies in the same industry.
• The Gross Margin of FDX (70.49%) is better than 94.74% of its industry peers.

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

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.