Uncovering Dividend Opportunities with NYSE:SON.

Our stock screener has singled out SONOCO PRODUCTS CO (NYSE:SON) as a promising choice for dividend investors. NYSE:SON not only scores well in profitability, solvency, and liquidity but also offers a decent dividend. We'll explore this further.

Analyzing Dividend Metrics

ChartMill assigns a proprietary Dividend Rating to each stock. The score is computed by evaluating various valuation aspects, like the yield, the history, the dividend growth and sustainability. NYSE:SON was assigned a score of 8 for dividend:

• With a Yearly Dividend Yield of 4.18%, SON is a good candidate for dividend investing.
• SON's Dividend Yield is rather good when compared to the industry average which is at 3.00. SON pays more dividend than 90.91% of the companies in the same industry.
• SON's Dividend Yield is rather good when compared to the S&P500 average which is at 2.31.
• SON has been paying a dividend for at least 10 years, so it has a reliable track record.
• SON has not decreased their dividend for at least 10 years, which is a reliable track record.

Health Examination for NYSE:SON

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:SON has received a 5 out of 10:

• SON's Altman-Z score of 2.45 is amongst the best of the industry. SON outperforms 81.82% of its industry peers.
• With an excellent Debt to FCF ratio value of 7.06, SON belongs to the best of the industry, outperforming 81.82% of the companies in the same industry.
• With a decent Debt to Equity ratio value of 1.04, SON is doing good in the industry, outperforming 63.64% of the companies in the same industry.

Exploring NYSE:SON'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:SON has earned a 7 out of 10:

• SON has a Return On Assets of 5.14%. This is in the better half of the industry: SON outperforms 77.27% of its industry peers.
• SON's Return On Invested Capital of 9.24% is fine compared to the rest of the industry. SON outperforms 72.73% of its industry peers.
• Measured over the past 3 years, the Average Return On Invested Capital for SON is above the industry average of 7.77%.
• Looking at the Profit Margin, with a value of 5.57%, SON is in the better half of the industry, outperforming 72.73% of the companies in the same industry.
• In the last couple of years the Profit Margin of SON has grown nicely.
• SON's Operating Margin has improved in the last couple of years.
• Looking at the Gross Margin, with a value of 21.17%, SON is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
• SON's Gross 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 SON 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.