Our stock screening tool has identified GILEAD SCIENCES INC (NASDAQ:GILD) as a strong dividend contender with robust fundamentals. NASDAQ:GILD exhibits commendable financial health and profitability, all while offering a sustainable dividend. Let's delve into each aspect below.
A Closer Look at Dividend for NASDAQ:GILD
ChartMill provides a Dividend Rating for every stock, ranging from 0 to 10. This rating assesses various dividend aspects, including yield, growth, and sustainability. NASDAQ:GILD earns a 7 out of 10:
With a Yearly Dividend Yield of 4.27%, GILD is a good candidate for dividend investing.
GILD's Dividend Yield is rather good when compared to the industry average which is at 21.23. GILD pays more dividend than 98.82% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, GILD pays a better dividend.
The dividend of GILD is nicely growing with an annual growth rate of 7.27%!
GILD has paid a dividend for at least 10 years, which is a reliable track record.
GILD has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
A Closer Look at Health for NASDAQ:GILD
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 NASDAQ:GILD, the assigned 5 reflects its health status:
GILD has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
What does the Profitability looks like for NASDAQ:GILD
ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NASDAQ:GILD scores a 7 out of 10:
The Return On Assets of GILD (9.12%) is better than 97.14% of its industry peers.
With an excellent Return On Equity value of 24.90%, GILD belongs to the best of the industry, outperforming 97.81% of the companies in the same industry.
The Return On Invested Capital of GILD (12.76%) is better than 97.31% of its industry peers.
Looking at the Profit Margin, with a value of 20.89%, GILD belongs to the top of the industry, outperforming 97.14% of the companies in the same industry.
The Operating Margin of GILD (29.83%) is better than 97.98% of its industry peers.
Looking at the Gross Margin, with a value of 77.80%, GILD belongs to the top of the industry, outperforming 86.03% of the companies in the same industry.
This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.