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

Last update: Nov 4, 2024

Unearth the potential of RADIAN GROUP INC (NYSE:RDN) as a dividend stock recommended by our stock screening tool. NYSE:RDN maintains a robust financial footing and delivers a sustainable dividend. We'll delve into the details below.

Assessing Dividend Metrics for NYSE:RDN

To gauge a stock's dividend quality, ChartMill utilizes a Dividend Rating ranging from 0 to 10. This comprehensive assessment considers various dividend aspects, including yield, history, growth, and sustainability. NYSE:RDN has achieved a 7 out of 10:

Compared to an average industry Dividend Yield of 3.62, RDN pays a bit more dividend than its industry peers.
RDN's Dividend Yield is a higher than the S&P500 average which is at 2.25.
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.
RDN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
RDN pays out 24.65% of its income as dividend. This is a sustainable payout ratio.

Evaluating Health: 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 7 out of 10:

RDN has a better Altman-Z score (2.09) than 76.00% of its industry peers.
RDN has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
RDN has a Debt to Equity ratio of 0.45. This is in the better half of the industry: RDN outperforms 62.00% of its industry peers.
A Current Ratio of 3.44 indicates that RDN has no problem at all paying its short term obligations.
RDN's Current ratio of 3.44 is amongst the best of the industry. RDN outperforms 86.00% of its industry peers.
A Quick Ratio of 3.44 indicates that RDN has no problem at all paying its short term obligations.
The Quick ratio of RDN (3.44) is better than 87.00% of its industry peers.

What does the Profitability looks like for NYSE:RDN

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NYSE:RDN, the assigned 7 is a significant indicator of profitability:

RDN's Return On Assets of 7.42% is amongst the best of the industry. RDN outperforms 87.00% of its industry peers.
The Return On Equity of RDN (13.46%) is better than 63.00% of its industry peers.
The Return On Invested Capital of RDN (8.67%) is better than 81.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for RDN is above the industry average of 7.34%.
With an excellent Profit Margin value of 47.05%, RDN belongs to the best of the industry, outperforming 91.00% of the companies in the same industry.
The Operating Margin of RDN (69.84%) is better than 93.00% of its industry peers.
RDN's Operating 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.

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

Keep in mind

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.