Why the dividend investor may take a look at NASDAQ:AMGN.

Our stock screener has singled out AMGEN INC (NASDAQ:AMGN) as a promising choice for dividend investors. NASDAQ:AMGN not only scores well in profitability, solvency, and liquidity but also offers a decent dividend. We'll explore this further.

Dividend Assessment of NASDAQ:AMGN

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. NASDAQ:AMGN has received a 7 out of 10:

• AMGN's Dividend Yield is rather good when compared to the industry average which is at 14.12. AMGN pays more dividend than 98.65% of the companies in the same industry.
• Compared to an average S&P500 Dividend Yield of 2.50, AMGN pays a bit more dividend than the S&P500 average.
• On average, the dividend of AMGN grows each year by 10.76%, which is quite nice.
• AMGN has been paying a dividend for at least 10 years, so it has a reliable track record.
• AMGN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.

A Closer Look at Health for NASDAQ:AMGN

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NASDAQ:AMGN was assigned a score of 5 for health:

• With a decent Altman-Z score value of 1.79, AMGN is doing good in the industry, outperforming 65.82% of the companies in the same industry.
• With an excellent Debt to FCF ratio value of 6.45, AMGN belongs to the best of the industry, outperforming 94.59% of the companies in the same industry.
• AMGN has a Current Ratio of 2.86. This indicates that AMGN is financially healthy and has no problem in meeting its short term obligations.
• AMGN has a Quick Ratio of 2.56. This indicates that AMGN is financially healthy and has no problem in meeting its short term obligations.

Evaluating Profitability: NASDAQ:AMGN

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. NASDAQ:AMGN was assigned a score of 7 for profitability:

• Looking at the Return On Assets, with a value of 8.36%, AMGN belongs to the top of the industry, outperforming 96.95% of the companies in the same industry.
• With an excellent Return On Equity value of 98.82%, AMGN belongs to the best of the industry, outperforming 99.83% of the companies in the same industry.
• AMGN has a Return On Invested Capital of 10.82%. This is amongst the best in the industry. AMGN outperforms 96.45% of its industry peers.
• The last Return On Invested Capital (10.82%) for AMGN is well below the 3 year average (14.92%), which needs to be investigated, but indicates that AMGN had better years and this may not be a problem.
• AMGN has a Profit Margin of 28.20%. This is amongst the best in the industry. AMGN outperforms 98.14% of its industry peers.
• Looking at the Operating Margin, with a value of 33.95%, AMGN belongs to the top of the industry, outperforming 98.14% of the companies in the same industry.
• AMGN has a better Gross Margin (73.74%) than 83.93% of its industry peers.

Every day, new Best Dividend stocks can be found on ChartMill in our Best Dividend screener.

Check the latest full fundamental report of AMGN 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.