Why NYSE:FDX provides a good dividend, while having solid fundamentals.

FEDEX CORP (NYSE:FDX) has caught the attention of dividend investors as a stock worth considering. NYSE:FDX excels in profitability, solvency, and liquidity, all while providing a decent dividend. Let's delve into the details.

A Closer Look at Dividend for NYSE:FDX

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:

• FDX's Dividend Yield is a higher than the industry average which is at 2.65.
• The dividend of FDX is nicely growing with an annual growth rate of 14.41%!
• FDX has been paying a dividend for at least 10 years, so it has 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.
• FDX pays out 31.68% of its income as dividend. This is a sustainable payout ratio.

How We Gauge Health for NYSE:FDX

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NYSE:FDX has earned a 5 out of 10:

• With a decent Debt to FCF ratio value of 7.75, FDX is doing good in the industry, outperforming 68.42% of the companies in the same industry.

What does the Profitability looks like 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 (4.66%) than 68.42% of its industry peers.
• FDX has a Return On Equity of 14.87%. This is in the better half of the industry: FDX outperforms 78.95% of its industry peers.
• FDX's Return On Invested Capital of 5.98% is fine compared to the rest of the industry. FDX outperforms 63.16% of its industry peers.
• With a decent Profit Margin value of 4.61%, FDX is doing good in the industry, outperforming 78.95% of the companies in the same industry.
• FDX's Profit Margin has improved in the last couple of years.
• FDX has a better Operating Margin (6.69%) than 73.68% of its industry peers.
• 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.

Our latest full fundamental report of FDX contains the most current fundamental analsysis.

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.