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

Take a closer look at HUBBELL INC (NYSE:HUBB), a stock of interest to dividend investors uncovered by our stock screener. NYSE:HUBB excels in fundamentals and provides a decent dividend, all while maintaining a reasonable valuation. Let's break it down further.

What does the Dividend looks like for NYSE:HUBB

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:HUBB earns a 7 out of 10:

• HUBB's Dividend Yield is rather good when compared to the industry average which is at 3.60. HUBB pays more dividend than 90.22% of the companies in the same industry.
• The dividend of HUBB is nicely growing with an annual growth rate of 7.81%!
• HUBB has paid a dividend for at least 10 years, which is a reliable track record.
• HUBB has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
• 34.43% of the earnings are spent on dividend by HUBB. This is a low number and sustainable payout ratio.
• HUBB's earnings are growing more than its dividend. This makes the dividend growth sustainable.

What does the Health looks like for NYSE:HUBB

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:HUBB scores a 5 out of 10:

• HUBB has a debt to FCF ratio of 1.93. This is a very positive value and a sign of high solvency as it would only need 1.93 years to pay back of all of its debts.
• HUBB's Debt to FCF ratio of 1.93 is amongst the best of the industry. HUBB outperforms 85.87% of its industry peers.
• HUBB has a Debt/Equity ratio of 0.44. This is a healthy value indicating a solid balance between debt and equity.

Assessing Profitability for NYSE:HUBB

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:HUBB has achieved a 9:

• Looking at the Return On Assets, with a value of 11.62%, HUBB belongs to the top of the industry, outperforming 95.65% of the companies in the same industry.
• With an excellent Return On Equity value of 23.75%, HUBB belongs to the best of the industry, outperforming 94.57% of the companies in the same industry.
• HUBB has a Return On Invested Capital of 15.95%. This is amongst the best in the industry. HUBB outperforms 94.57% of its industry peers.
• HUBB had an Average Return On Invested Capital over the past 3 years of 14.43%. This is above the industry average of 10.23%.
• The 3 year average ROIC (14.43%) for HUBB is below the current ROIC(15.95%), indicating increased profibility in the last year.
• Looking at the Profit Margin, with a value of 13.79%, HUBB belongs to the top of the industry, outperforming 93.48% of the companies in the same industry.
• In the last couple of years the Profit Margin of HUBB has grown nicely.
• HUBB's Operating Margin of 19.65% is amongst the best of the industry. HUBB outperforms 97.83% of its industry peers.
• HUBB's Operating Margin has improved in the last couple of years.
• With an excellent Gross Margin value of 34.01%, HUBB belongs to the best of the industry, outperforming 80.43% of the companies in the same industry.
• HUBB's Gross Margin has improved in the last couple of years.

Every day, new Best Dividend stocks can be found on ChartMill in our Best Dividend screener.

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

Disclaimer

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.