Uncovering Dividend Opportunities with NYSE:SON.

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

A Closer Look at Dividend for NYSE:SON

ChartMill assigns a Dividend Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing various dividend elements, such as yield, historical performance, dividend growth, and sustainability. NYSE:SON has been awarded a 7 for its dividend quality:

• SON has a Yearly Dividend Yield of 4.07%, which is a nice return.
• SON's Dividend Yield is rather good when compared to the industry average which is at 2.90. SON pays more dividend than 86.96% of the companies in the same industry.
• Compared to an average S&P500 Dividend Yield of 2.23, SON pays a better dividend.
• 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.

Evaluating Health: NYSE:SON

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:SON, the assigned 5 for health provides valuable insights:

• With a decent Altman-Z score value of 2.14, SON is doing good in the industry, outperforming 69.57% of the companies in the same industry.
• A Current Ratio of 2.36 indicates that SON has no problem at all paying its short term obligations.
• With an excellent Current ratio value of 2.36, SON belongs to the best of the industry, outperforming 86.96% of the companies in the same industry.
• SON has a better Quick ratio (1.91) than 86.96% of its industry peers.

Assessing Profitability for NYSE:SON

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 5 out of 10:

• SON's Profit Margin has improved in the last couple of years.
• The Operating Margin of SON (9.93%) is better than 60.87% of its industry peers.
• In the last couple of years the Operating Margin of SON has grown nicely.
• In the last couple of years the Gross Margin of SON has grown nicely.

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.

Disclaimer

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.