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Uncovering Dividend Opportunities with NYSE:TEL.

By Mill Chart

Last update: Apr 12, 2024

TE CONNECTIVITY LTD (NYSE:TEL) is a hidden gem unveiled by our stock screening tool, featuring a promising dividend outlook alongside solid fundamentals. NYSE:TEL demonstrates decent financial health and profitability while ensuring a sustainable dividend. Let's break it down further.

Dividend Analysis for NYSE:TEL

ChartMill provides a Dividend Rating for every stock, ranging from 0 to 10. This rating assesses various dividend aspects, including yield, growth, and sustainability. NYSE:TEL earns a 7 out of 10:

  • TEL's Dividend Yield is rather good when compared to the industry average which is at 1.78. TEL pays more dividend than 92.13% of the companies in the same industry.
  • On average, the dividend of TEL grows each year by 6.41%, which is quite nice.
  • TEL has paid a dividend for at least 10 years, which is a reliable track record.
  • TEL has not decreased their dividend for at least 10 years, which is a reliable track record.
  • 22.01% of the earnings are spent on dividend by TEL. This is a low number and sustainable payout ratio.
  • TEL's earnings are growing more than its dividend. This makes the dividend growth sustainable.

Health Examination 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 4.90. This indicates that TEL is financially healthy and has little risk of bankruptcy at the moment.
  • TEL's Altman-Z score of 4.90 is fine compared to the rest of the industry. TEL outperforms 75.59% of its industry peers.
  • The Debt to FCF ratio of TEL is 1.63, which is an excellent value as it means it would take TEL, only 1.63 years of fcf income to pay off all of its debts.
  • Looking at the Debt to FCF ratio, with a value of 1.63, TEL is in the better half of the industry, outperforming 74.02% of the companies in the same industry.
  • TEL has a Debt/Equity ratio of 0.27. This is a healthy value indicating a solid balance between debt and equity.

Profitability Assessment of NYSE:TEL

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:TEL has achieved a 7:

  • TEL has a Return On Assets of 14.37%. This is amongst the best in the industry. TEL outperforms 98.43% of its industry peers.
  • The Return On Equity of TEL (25.24%) is better than 96.06% of its industry peers.
  • The Return On Invested Capital of TEL (12.60%) is better than 87.40% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for TEL is above the industry average of 9.56%.
  • The Profit Margin of TEL (20.69%) is better than 98.43% of its industry peers.
  • TEL's Operating Margin of 17.36% is amongst the best of the industry. TEL outperforms 93.70% of its industry peers.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

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

Keep in mind

This article should in no way be interpreted as advice in any way. 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.

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