Is NYSE:TTE a Good Fit for Dividend Investing?

Last update: Aug 5, 2024

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

ChartMill's Evaluation of Dividend

An integral part of ChartMill's stock analysis is the Dividend Rating, which spans from 0 to 10. This rating evaluates diverse dividend factors, including yield, historical data, growth, and sustainability. NYSE:TTE has received a 7 out of 10:

TTE has a Yearly Dividend Yield of 5.02%, which is a nice return.
TTE's Dividend Yield is a higher than the industry average which is at 6.11.
Compared to an average S&P500 Dividend Yield of 2.28, TTE pays a better dividend.
On average, the dividend of TTE grows each year by 10.18%, which is quite nice.
TTE has been paying a dividend for at least 10 years, so it has a reliable track record.
TTE pays out 36.18% of its income as dividend. This is a sustainable payout ratio.

Looking at the Health

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:TTE, the assigned 5 for health provides valuable insights:

The Debt to FCF ratio of TTE is 2.58, which is a good value as it means it would take TTE, 2.58 years of fcf income to pay off all of its debts.
TTE has a Debt to FCF ratio of 2.58. This is in the better half of the industry: TTE outperforms 73.68% of its industry peers.
A Debt/Equity ratio of 0.36 indicates that TTE is not too dependend on debt financing.

How do we evaluate the Profitability for NYSE:TTE?

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:TTE was assigned a score of 6 for profitability:

TTE has a Return On Assets of 7.50%. This is in the better half of the industry: TTE outperforms 61.24% of its industry peers.
The Return On Equity of TTE (17.86%) is better than 63.16% of its industry peers.
TTE's Return On Invested Capital of 13.22% is fine compared to the rest of the industry. TTE outperforms 74.16% of its industry peers.
In the last couple of years the Profit Margin of TTE has grown nicely.
In the last couple of years the Operating Margin of TTE has grown nicely.
In the last couple of years the Gross Margin of TTE has grown nicely.

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

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

Disclaimer

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.