Why NASDAQ:RGP qualifies as a good dividend investing stock.

Our stock screening tool has identified RESOURCES CONNECTION INC (NASDAQ:RGP) as a strong dividend contender with robust fundamentals. NASDAQ:RGP exhibits commendable financial health and profitability, all while offering a sustainable dividend. Let's delve into each aspect below.

Deciphering NASDAQ:RGP's Dividend Rating

An integral part of ChartMill's stock analysis is the Dividend Rating, which spans from 0 to 10. This rating evaluates diverse dividend factors, including yield, historical data, growth, and sustainability. NASDAQ:RGP has received a 7 out of 10:

• RGP has a Yearly Dividend Yield of 5.24%, which is a nice return.
• RGP's Dividend Yield is rather good when compared to the industry average which is at 2.06. RGP pays more dividend than 97.53% of the companies in the same industry.
• Compared to an average S&P500 Dividend Yield of 2.38, RGP pays a better dividend.
• RGP has been paying a dividend for at least 10 years, so it has a reliable track record.
• As RGP did not decrease their dividend in the past 5 years, we can say the dividend looks stable.

Unpacking NASDAQ:RGP's Health Rating

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NASDAQ:RGP has achieved a 9 out of 10:

• An Altman-Z score of 4.20 indicates that RGP is not in any danger for bankruptcy at the moment.
• RGP's Altman-Z score of 4.20 is amongst the best of the industry. RGP outperforms 80.25% of its industry peers.
• RGP has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
• RGP has a Current Ratio of 2.99. This indicates that RGP is financially healthy and has no problem in meeting its short term obligations.
• RGP has a Current ratio of 2.99. This is amongst the best in the industry. RGP outperforms 88.89% of its industry peers.
• RGP has a Quick Ratio of 2.99. This indicates that RGP is financially healthy and has no problem in meeting its short term obligations.
• With an excellent Quick ratio value of 2.99, RGP belongs to the best of the industry, outperforming 88.89% of the companies in the same industry.

Understanding NASDAQ:RGP'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, NASDAQ:RGP has achieved a 6:

• The last Return On Invested Capital (6.94%) for RGP is well below the 3 year average (11.55%), which needs to be investigated, but indicates that RGP had better years and this may not be a problem.
• In the last couple of years the Profit Margin of RGP has grown nicely.
• RGP's Operating Margin has improved in the last couple of years.

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

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.