Why NYSE:TTE provides a good dividend, while having solid fundamentals.

Last update: Aug 26, 2024

Consider TOTALENERGIES SE -SPON ADR (NYSE:TTE) as a top pick for dividend investors, identified by our stock screening tool. NYSE:TTE shines in terms of profitability, solvency, and liquidity, all while paying a decent dividend. Let's dive deeper into the analysis.

Evaluating Dividend: NYSE:TTE

ChartMill assigns a Dividend Rating to every stock. This score ranges from 0 to 10 and evaluates the different dividend aspects, including the yield, the growth and sustainability. NYSE:TTE scores a 7 out of 10:

With a Yearly Dividend Yield of 5.05%, TTE is a good candidate for dividend investing.
TTE's Dividend Yield is a higher than the industry average which is at 6.13.
TTE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
On average, the dividend of TTE grows each year by 10.18%, which is quite nice.
TTE has paid a dividend for at least 10 years, which is a reliable track record.
36.18% of the earnings are spent on dividend by TTE. This is a low number and sustainable payout ratio.

Health Assessment of NYSE:TTE

ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NYSE:TTE, the assigned 5 reflects its health status:

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's Debt to FCF ratio of 2.58 is fine compared to the rest of the industry. TTE outperforms 72.95% of its industry peers.
A Debt/Equity ratio of 0.36 indicates that TTE is not too dependend on debt financing.

Evaluating Profitability: NYSE:TTE

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:TTE, the assigned 6 is noteworthy for profitability:

The Return On Assets of TTE (7.50%) is better than 63.28% of its industry peers.
TTE has a better Return On Equity (17.86%) than 65.22% of its industry peers.
TTE's Return On Invested Capital of 13.22% is fine compared to the rest of the industry. TTE outperforms 73.91% of its industry peers.
TTE's Profit Margin has improved in the last couple of years.
In the last couple of years the Operating Margin of TTE has grown nicely.
TTE's Gross Margin has improved in the last couple of years.

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.