Exploring NYSE:RDN's dividend characteristics.

Consider RADIAN GROUP INC (NYSE:RDN) as a top pick for dividend investors, identified by our stock screening tool. NYSE:RDN shines in terms of profitability, solvency, and liquidity, all while paying a decent dividend. Let's dive deeper into the analysis.

Evaluating Dividend: NYSE:RDN

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:RDN earns a 7 out of 10:

• RDN's Dividend Yield is rather good when compared to the industry average which is at 3.47. RDN pays more dividend than 83.33% of the companies in the same industry.
• Compared to an average S&P500 Dividend Yield of 2.34, RDN pays a bit more dividend than the S&P500 average.
• On average, the dividend of RDN grows each year by 149.14%, which is quite nice.
• RDN has paid a dividend for at least 10 years, which is a reliable track record.
• As RDN did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
• RDN pays out 24.19% of its income as dividend. This is a sustainable payout ratio.

Health Insights: NYSE:RDN

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:RDN has received a 8 out of 10:

• RDN has a Altman-Z score of 2.39. This is amongst the best in the industry. RDN outperforms 82.35% of its industry peers.
• The Debt to FCF ratio of RDN is 3.00, which is a good value as it means it would take RDN, 3.00 years of fcf income to pay off all of its debts.
• With a decent Debt to FCF ratio value of 3.00, RDN is doing good in the industry, outperforming 72.55% of the companies in the same industry.
• A Debt/Equity ratio of 0.35 indicates that RDN is not too dependend on debt financing.
• RDN has a Current Ratio of 19.56. This indicates that RDN is financially healthy and has no problem in meeting its short term obligations.
• Looking at the Current ratio, with a value of 19.56, RDN belongs to the top of the industry, outperforming 98.04% of the companies in the same industry.
• RDN has a Quick Ratio of 19.56. This indicates that RDN is financially healthy and has no problem in meeting its short term obligations.
• RDN's Quick ratio of 19.56 is amongst the best of the industry. RDN outperforms 98.04% of its industry peers.

Looking at the Profitability

ChartMill assigns a proprietary Profitability Rating to each stock. The score is computed by evaluating various profitability ratios and margins and ranges from 0 to 10. NYSE:RDN was assigned a score of 7 for profitability:

• With an excellent Return On Assets value of 7.94%, RDN belongs to the best of the industry, outperforming 86.27% of the companies in the same industry.
• With a decent Return On Equity value of 13.71%, RDN is doing good in the industry, outperforming 69.61% of the companies in the same industry.
• Looking at the Return On Invested Capital, with a value of 9.13%, RDN belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
• The Average Return On Invested Capital over the past 3 years for RDN is above the industry average of 7.81%.
• The Profit Margin of RDN (48.51%) is better than 92.16% of its industry peers.
• RDN's Operating Margin of 70.79% is amongst the best of the industry. RDN outperforms 93.14% of its industry peers.
• RDN's Operating Margin has improved in the last couple of years.

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 RDN

Keep in mind

This article should in no way be interpreted as advice in any way. 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.