Why the dividend investor may take a look at 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.

What does the Dividend looks like 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 4.15%, which is a nice return.
• SON's Dividend Yield is rather good when compared to the industry average which is at 3.07. SON pays more dividend than 86.96% of the companies in the same industry.
• SON's Dividend Yield is rather good when compared to the S&P500 average which is at 2.36.
• SON has been paying a dividend for at least 10 years, so it has a reliable track record.
• SON has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.

Health Assessment of NYSE:SON

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:SON has earned a 5 out of 10:

• SON has a better Altman-Z score (2.13) than 69.57% of its industry peers.
• A Current Ratio of 2.36 indicates that SON has no problem at all paying its short term obligations.
• The Current ratio of SON (2.36) is better than 91.30% of its industry peers.
• Looking at the Quick ratio, with a value of 1.91, SON belongs to the top of the industry, outperforming 82.61% of the companies in the same industry.

Understanding NYSE:SON's Profitability

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NYSE:SON, the assigned 5 is noteworthy for profitability:

• 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.
• SON's Operating Margin has improved in the last couple of years.
• 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.

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

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.