Analyzing NYSE:TKR's Dividend Potential.

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

Exploring NYSE:TKR's Dividend

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:TKR earns a 7 out of 10:

• Compared to an average industry Dividend Yield of 1.71, TKR pays a better dividend. On top of this TKR pays more dividend than 86.92% of the companies listed in the same industry.
• TKR has paid a dividend for at least 10 years, which is a reliable track record.
• TKR has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
• TKR pays out 28.04% of its income as dividend. This is a sustainable payout ratio.

Health Examination for NYSE:TKR

ChartMill employs a unique Health Rating system for all stocks. This rating, ranging from 0 to 10, is determined by analyzing various liquidity and solvency ratios. For NYSE:TKR, the assigned 5 for health provides valuable insights:

• TKR has a Current Ratio of 3.00. This indicates that TKR is financially healthy and has no problem in meeting its short term obligations.
• TKR's Current ratio of 3.00 is fine compared to the rest of the industry. TKR outperforms 76.15% of its industry peers.
• The Quick ratio of TKR (1.62) is better than 69.23% of its industry peers.

Profitability Analysis for NYSE:TKR

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:TKR has achieved a 6:

• TKR's Return On Equity of 11.60% is fine compared to the rest of the industry. TKR outperforms 63.08% of its industry peers.
• Looking at the Profit Margin, with a value of 7.41%, TKR is in the better half of the industry, outperforming 61.54% of the companies in the same industry.
• The Operating Margin of TKR (13.44%) is better than 69.23% of its industry peers.
• In the last couple of years the Operating Margin of TKR has grown nicely.
• TKR'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.

Our latest full fundamental report of TKR contains the most current fundamental analsysis.

Keep in mind

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.