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Exploring NASDAQ:RGP's dividend characteristics.

By Mill Chart

Last update: Jul 19, 2024

Our stock screener has spotted RESOURCES CONNECTION INC (NASDAQ:RGP) as a good dividend stock with solid fundamentals. NASDAQ:RGP shows decent health and profitability. At the same time it gives a good and sustainable dividend. We'll dive into each aspect below.


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Dividend Assessment of NASDAQ:RGP

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. NASDAQ:RGP has been assigned a 8 for dividend:

  • With a Yearly Dividend Yield of 5.10%, RGP is a good candidate for dividend investing.
  • RGP's Dividend Yield is rather good when compared to the industry average which is at 2.07. RGP pays more dividend than 97.53% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 2.33, RGP pays a better dividend.
  • RGP has paid a dividend for at least 10 years, which is a reliable track record.
  • RGP has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
  • The dividend of RGP is growing, but earnings are growing more, so the dividend growth is sustainable.

Exploring NASDAQ:RGP's Health

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NASDAQ:RGP was assigned a score of 8 for health:

  • RGP has an Altman-Z score of 4.12. This indicates that RGP is financially healthy and has little risk of bankruptcy at the moment.
  • RGP's Altman-Z score of 4.12 is fine compared to the rest of the industry. RGP outperforms 76.54% of its industry peers.
  • There is no outstanding debt for RGP. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
  • A Current Ratio of 2.99 indicates that RGP has no problem at all paying its short term obligations.
  • RGP has a better Current ratio (2.99) than 87.65% of its industry peers.
  • A Quick Ratio of 2.99 indicates that RGP has no problem at all paying its short term obligations.
  • With an excellent Quick ratio value of 2.99, RGP belongs to the best of the industry, outperforming 87.65% of the companies in the same industry.

Profitability Assessment of NASDAQ:RGP

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 NASDAQ:RGP, the assigned 5 is a significant indicator of profitability:

  • The 3 year average ROIC (11.55%) for RGP is well above the current ROIC(6.94%). The reason for the recent decline needs to be investigated.
  • RGP's Profit Margin has improved in the last couple of years.
  • RGP's Operating Margin has improved in the last couple of years.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

Check the latest full fundamental report of RGP for a complete fundamental analysis.

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.

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RESOURCES CONNECTION INC

NASDAQ:RGP (11/21/2024, 5:24:38 PM)

After market: 8.71 +0.31 (+3.69%)

8.4

+0.11 (+1.33%)

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