Why OSHKOSH CORP (NYSE:OSK) is a Top Pick for Dividend Investors.

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

Unpacking OSK's Dividend Rating

ChartMill assigns a Dividend Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing various dividend elements, such as yield, historical performance, dividend growth, and sustainability. OSK has been awarded a 7 for its dividend quality:

• OSK's Dividend Yield is rather good when compared to the industry average which is at 1.82. OSK pays more dividend than 86.72% of the companies in the same industry.
• The dividend of OSK is nicely growing with an annual growth rate of 11.40%!
• OSK has paid a dividend for at least 10 years, which is a reliable track record.
• OSK has not decreased their dividend for at least 10 years, which is a reliable track record.
• OSK pays out 17.61% of its income as dividend. This is a sustainable payout ratio.

Analyzing Health Metrics

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. OSK has earned a 5 out of 10:

• An Altman-Z score of 3.08 indicates that OSK is not in any danger for bankruptcy at the moment.
• The Debt to FCF ratio of OSK is 3.57, which is a good value as it means it would take OSK, 3.57 years of fcf income to pay off all of its debts.
• OSK has a Debt to FCF ratio of 3.57. This is in the better half of the industry: OSK outperforms 60.94% of its industry peers.
• OSK has a Debt/Equity ratio of 0.14. This is a healthy value indicating a solid balance between debt and equity.
• With a decent Debt to Equity ratio value of 0.14, OSK is doing good in the industry, outperforming 77.34% of the companies in the same industry.

Understanding OSK's 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, OSK has achieved a 6:

• The Return On Assets of OSK (7.23%) is better than 66.41% of its industry peers.
• OSK has a better Return On Equity (16.41%) than 74.22% of its industry peers.
• OSK has a better Return On Invested Capital (13.40%) than 79.69% of its industry peers.
• The 3 year average ROIC (10.13%) for OSK is below the current ROIC(13.40%), indicating increased profibility in the last year.
• OSK's Operating Margin has improved in the last couple of years.

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

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.