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Uncovering Dividend Opportunities with NYSE:RDN.

By Mill Chart

Last update: Nov 25, 2024

Discover RADIAN GROUP INC (NYSE:RDN)—a stock that our stock screener has recognized as a solid dividend pick with strong fundamentals. NYSE:RDN showcases decent financial health and profitability while providing a sustainable dividend. We'll explore the specifics further.


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How do we evaluate the Dividend for NYSE:RDN?

ChartMill employs its own Dividend Rating system for all stocks. This score, on a scale of 0 to 10, is determined by evaluating different dividend factors, such as yield, historical performance, dividend growth, and sustainability. NYSE:RDN has been assigned a 7 for dividend:

  • Compared to an average industry Dividend Yield of 3.61, RDN pays a better dividend. On top of this RDN pays more dividend than 81.63% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 2.19, 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 been paying a dividend for at least 10 years, so it has a reliable track record.
  • RDN has not decreased their dividend for at least 10 years, which is a reliable track record.
  • RDN pays out 25.07% of its income as dividend. This is a sustainable payout ratio.

What does the Health looks like for NYSE:RDN

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NYSE:RDN, the assigned 5 for health provides valuable insights:

  • A Debt/Equity ratio of 0.42 indicates that RDN is not too dependend on debt financing.
  • With a decent Debt to Equity ratio value of 0.42, RDN is doing good in the industry, outperforming 62.24% of the companies in the same industry.
  • A Current Ratio of 19.56 indicates that RDN has no problem at all paying its short term obligations.
  • RDN has a better Current ratio (19.56) than 98.98% of its industry peers.
  • A Quick Ratio of 19.56 indicates that RDN has no problem at all paying its short term obligations.
  • RDN has a Quick ratio of 19.56. This is amongst the best in the industry. RDN outperforms 98.98% of its industry peers.

Exploring NYSE:RDN's Profitability

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NYSE:RDN, the assigned 5 is noteworthy for profitability:

  • RDN has a Return On Assets of 7.11%. This is amongst the best in the industry. RDN outperforms 82.65% of its industry peers.
  • RDN has a Profit Margin of 45.96%. This is amongst the best in the industry. RDN outperforms 91.84% of its industry peers.
  • The Operating Margin of RDN (69.54%) is better than 92.86% of its industry peers.
  • In the last couple of years the Operating Margin of RDN has grown nicely.

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

Disclaimer

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

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