ExploringSKYWORKS SOLUTIONS INC (NASDAQ:SWKS)'s dividend characteristics.

Discover SKYWORKS SOLUTIONS INC (NASDAQ:SWKS)—a stock that our stock screener has recognized as a solid dividend pick with strong fundamentals. NASDAQ:SWKS showcases decent financial health and profitability while providing a sustainable dividend. We'll explore the specifics further.

Assessing Dividend for NASDAQ:SWKS

ChartMill assigns a Dividend Rating to every stock. This score ranges from 0 to 10 and evaluates the different dividend aspects, including the yield, the growth and sustainability. NASDAQ:SWKS scores a 7 out of 10:

• With a Yearly Dividend Yield of 4.37%, SWKS is a good candidate for dividend investing.
• SWKS's Dividend Yield is rather good when compared to the industry average which is at 2.29. SWKS pays more dividend than 97.22% of the companies in the same industry.
• SWKS's Dividend Yield is rather good when compared to the S&P500 average which is at 2.30.
• The dividend of SWKS is nicely growing with an annual growth rate of 11.77%!
• SWKS has paid a dividend for at least 10 years, which is a reliable track record.
• SWKS has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.

Assessing Health Metrics for NASDAQ:SWKS

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. NASDAQ:SWKS has achieved a 8 out of 10:

• SWKS has an Altman-Z score of 5.56. This indicates that SWKS is financially healthy and has little risk of bankruptcy at the moment.
• The Altman-Z score of SWKS (5.56) is better than 62.96% of its industry peers.
• The Debt to FCF ratio of SWKS is 0.81, which is an excellent value as it means it would take SWKS, only 0.81 years of fcf income to pay off all of its debts.
• SWKS's Debt to FCF ratio of 0.81 is amongst the best of the industry. SWKS outperforms 81.48% of its industry peers.
• SWKS has a Debt/Equity ratio of 0.16. This is a healthy value indicating a solid balance between debt and equity.
• A Current Ratio of 5.94 indicates that SWKS has no problem at all paying its short term obligations.
• SWKS has a Current ratio of 5.94. This is amongst the best in the industry. SWKS outperforms 85.19% of its industry peers.
• A Quick Ratio of 4.73 indicates that SWKS has no problem at all paying its short term obligations.
• SWKS has a better Quick ratio (4.73) than 82.41% of its industry peers.

Exploring NASDAQ:SWKS's Profitability

ChartMill assigns a proprietary Profitability Rating to each stock. The score is computed by evaluating various profitability ratios and margins and ranges from 0 to 10. NASDAQ:SWKS was assigned a score of 6 for profitability:

• With a decent Return On Assets value of 6.32%, SWKS is doing good in the industry, outperforming 69.44% of the companies in the same industry.
• With a decent Return On Equity value of 8.23%, SWKS is doing good in the industry, outperforming 62.04% of the companies in the same industry.
• SWKS has a better Return On Invested Capital (7.09%) than 72.22% of its industry peers.
• The last Return On Invested Capital (7.09%) for SWKS is well below the 3 year average (12.13%), which needs to be investigated, but indicates that SWKS had better years and this may not be a problem.
• SWKS has a better Profit Margin (13.02%) than 69.44% of its industry peers.
• With a decent Operating Margin value of 17.19%, SWKS is doing good in the industry, outperforming 75.00% of the companies in the same industry.

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For an up to date full fundamental analysis you can check the fundamental report of SWKS

Disclaimer

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.