Uncovering Dividend Opportunities with NYSE:TEL.

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

Analyzing Dividend Metrics

To gauge a stock's dividend quality, ChartMill utilizes a Dividend Rating ranging from 0 to 10. This comprehensive assessment considers various dividend aspects, including yield, history, growth, and sustainability. NYSE:TEL has achieved a 7 out of 10:

• TEL's Dividend Yield is rather good when compared to the industry average which is at 1.80. TEL pays more dividend than 92.06% of the companies in the same industry.
• The dividend of TEL is nicely growing with an annual growth rate of 6.41%!
• TEL has paid a dividend for at least 10 years, which is a reliable track record.
• TEL has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
• TEL pays out 22.01% of its income as dividend. This is a sustainable payout ratio.
• TEL's earnings are growing more than its dividend. This makes the dividend growth sustainable.

A Closer Look at Health for NYSE:TEL

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:TEL has earned a 6 out of 10:

• TEL has an Altman-Z score of 4.80. This indicates that TEL is financially healthy and has little risk of bankruptcy at the moment.
• TEL has a Altman-Z score of 4.80. This is in the better half of the industry: TEL outperforms 75.40% of its industry peers.
• TEL has a debt to FCF ratio of 1.63. This is a very positive value and a sign of high solvency as it would only need 1.63 years to pay back of all of its debts.
• The Debt to FCF ratio of TEL (1.63) is better than 73.02% of its industry peers.
• TEL has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.

What does the Profitability looks like for NYSE:TEL

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:TEL, the assigned 7 is noteworthy for profitability:

• With an excellent Return On Assets value of 14.37%, TEL belongs to the best of the industry, outperforming 97.62% of the companies in the same industry.
• Looking at the Return On Equity, with a value of 25.24%, TEL belongs to the top of the industry, outperforming 96.03% of the companies in the same industry.
• With an excellent Return On Invested Capital value of 12.60%, TEL belongs to the best of the industry, outperforming 88.10% of the companies in the same industry.
• TEL had an Average Return On Invested Capital over the past 3 years of 14.34%. This is above the industry average of 9.59%.
• The Profit Margin of TEL (20.69%) is better than 98.41% of its industry peers.
• Looking at the Operating Margin, with a value of 17.36%, TEL belongs to the top of the industry, outperforming 93.65% of the companies in the same industry.

More Best Dividend stocks can be found in our Best Dividend screener.

Our latest full fundamental report of TEL 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.