Consider SUNCOR ENERGY INC (NYSE:SU) as a top pick for dividend investors, identified by our stock screening tool. NYSE:SU shines in terms of profitability, solvency, and liquidity, all while paying a decent dividend. Let's dive deeper into the analysis.
Evaluating Dividend: NYSE:SU
An integral part of ChartMill's stock analysis is the Dividend Rating, which spans from 0 to 10. This rating evaluates diverse dividend factors, including yield, historical data, growth, and sustainability. NYSE:SU has received a 8 out of 10:
- With a Yearly Dividend Yield of 4.18%, SU is a good candidate for dividend investing.
- SU's Dividend Yield is a higher than the industry average which is at 6.27.
- SU's Dividend Yield is rather good when compared to the S&P500 average which is at 2.33.
- The dividend of SU is nicely growing with an annual growth rate of 7.66%!
- SU has been paying a dividend for at least 10 years, so it has a reliable track record.
- 35.16% of the earnings are spent on dividend by SU. This is a low number and sustainable payout ratio.
- The dividend of SU is growing, but earnings are growing more, so the dividend growth is sustainable.
Looking at the Health
Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:SU has achieved a 6 out of 10:
- Looking at the Altman-Z score, with a value of 2.18, SU is in the better half of the industry, outperforming 60.19% of the companies in the same industry.
- The Debt to FCF ratio of SU is 2.00, which is a good value as it means it would take SU, 2.00 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 2.00, SU is doing good in the industry, outperforming 75.36% of the companies in the same industry.
- A Debt/Equity ratio of 0.35 indicates that SU is not too dependend on debt financing.
- Looking at the Current ratio, with a value of 1.51, SU is in the better half of the industry, outperforming 64.45% of the companies in the same industry.
Evaluating Profitability: NYSE:SU
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:SU has earned a 5 out of 10:
- SU has a better Return On Assets (8.80%) than 65.40% of its industry peers.
- In the last couple of years the Profit Margin of SU has grown nicely.
- With a decent Gross Margin value of 62.66%, SU is doing good in the industry, outperforming 66.35% of the companies in the same industry.
Every day, new Best Dividend stocks can be found on ChartMill in our Best Dividend screener.
For an up to date full fundamental analysis you can check the fundamental report of SU
Keep in mind
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.