Uncovering Dividend Opportunities with NYSE:SITC.

Last update: Dec 13, 2024

Take a closer look at SITE CENTERS CORP (NYSE:SITC), a stock of interest to dividend investors uncovered by our stock screener. NYSE:SITC excels in fundamentals and provides a decent dividend, all while maintaining a reasonable valuation. Let's break it down further.

ChartMill's Evaluation of Dividend

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:SITC has been assigned a 7 for dividend:

SITC has a Yearly Dividend Yield of 13.52%, which is a nice return.
SITC's Dividend Yield is rather good when compared to the industry average which is at 6.98. SITC pays more dividend than 96.88% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.20, SITC pays a better dividend.
On average, the dividend of SITC grows each year by 8.32%, which is quite nice.
SITC has been paying a dividend for at least 10 years, so it has a reliable track record.
22.20% of the earnings are spent on dividend by SITC. This is a low number and sustainable payout ratio.

Health Analysis for NYSE:SITC

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NYSE:SITC has earned a 6 out of 10:

A Debt/Equity ratio of 0.11 indicates that SITC is not too dependend on debt financing.
The Debt to Equity ratio of SITC (0.11) is better than 99.22% of its industry peers.
SITC has a Current Ratio of 6.32. This indicates that SITC is financially healthy and has no problem in meeting its short term obligations.
The Current ratio of SITC (6.32) is better than 96.88% of its industry peers.
A Quick Ratio of 6.32 indicates that SITC has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 6.32, SITC belongs to the best of the industry, outperforming 96.88% of the companies in the same industry.

Exploring NYSE:SITC's Profitability

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. NYSE:SITC has earned a 7 out of 10:

Looking at the Return On Assets, with a value of 22.20%, SITC belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
SITC has a Return On Equity of 26.17%. This is amongst the best in the industry. SITC outperforms 97.66% of its industry peers.
Looking at the Return On Invested Capital, with a value of 3.37%, SITC is in the better half of the industry, outperforming 67.19% of the companies in the same industry.
The last Return On Invested Capital (3.37%) for SITC is above the 3 year average (2.71%), which is a sign of increasing profitability.
The Profit Margin of SITC (120.66%) is better than 100.00% of its industry peers.
SITC's Profit Margin has improved in the last couple of years.

More Best Dividend stocks can be found in our Best Dividend screener.

Our latest full fundamental report of SITC 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.