Uncovering Dividend Opportunities with NYSE:TTC.

TORO CO (NYSE:TTC) was identified as a stock worth exploring by dividend investors by our stock screener. NYSE:TTC scores well on profitability, solvency and liquidity. At the same time it seems to pay a decent dividend. We'll explore this a bit deeper below.

Dividend Analysis for NYSE:TTC

ChartMill assigns a proprietary Dividend Rating to each stock. The score is computed by evaluating various valuation aspects, like the yield, the history, the dividend growth and sustainability. NYSE:TTC was assigned a score of 7 for dividend:

• TTC's Dividend Yield is rather good when compared to the industry average which is at 1.66. TTC pays more dividend than 85.60% of the companies in the same industry.
• On average, the dividend of TTC grows each year by 9.97%, which is quite nice.
• TTC has paid a dividend for at least 10 years, which is a reliable track record.
• TTC has not decreased their dividend for at least 10 years, which is a reliable track record.
• TTC pays out 35.69% of its income as dividend. This is a sustainable payout ratio.

Health Assessment of NYSE:TTC

ChartMill assigns a Health Rating to every stock. This score ranges from 0 to 10 and evaluates the different health aspects like liquidity and solvency, both absolutely, but also relative to the industry peers. NYSE:TTC scores a 6 out of 10:

• An Altman-Z score of 5.02 indicates that TTC is not in any danger for bankruptcy at the moment.
• TTC has a Altman-Z score of 5.02. This is in the better half of the industry: TTC outperforms 76.00% of its industry peers.
• The Debt to FCF ratio of TTC is 1.98, which is an excellent value as it means it would take TTC, only 1.98 years of fcf income to pay off all of its debts.
• The Debt to FCF ratio of TTC (1.98) is better than 80.00% of its industry peers.
• Even though the debt/equity ratio score it not favorable for TTC, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.

Profitability Assessment of NYSE:TTC

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. NYSE:TTC was assigned a score of 7 for profitability:

• The Return On Assets of TTC (11.69%) is better than 85.60% of its industry peers.
• TTC has a better Return On Equity (26.99%) than 90.40% of its industry peers.
• TTC has a better Return On Invested Capital (16.78%) than 90.40% of its industry peers.
• The Average Return On Invested Capital over the past 3 years for TTC is significantly above the industry average of 11.01%.
• TTC's Profit Margin of 9.14% is fine compared to the rest of the industry. TTC outperforms 66.40% of its industry peers.
• In the last couple of years the Operating Margin of TTC has grown nicely.

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

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

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.