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Exploring NASDAQ:ARLP's dividend characteristics.

By Mill Chart

Last update: Mar 25, 2024

ALLIANCE RESOURCE PARTNERS (NASDAQ:ARLP) is a hidden gem unveiled by our stock screening tool, featuring a promising dividend outlook alongside solid fundamentals. NASDAQ:ARLP demonstrates decent financial health and profitability while ensuring a sustainable dividend. Let's break it down further.

Analyzing Dividend Metrics

ChartMill employs its own Dividend Rating system for all stocks. This score, on a scale of 0 to 10, is determined by evaluating different dividend factors, such as yield, historical performance, dividend growth, and sustainability. NASDAQ:ARLP has been assigned a 7 for dividend:

  • ARLP has a Yearly Dividend Yield of 14.01%, which is a nice return.
  • Compared to an average industry Dividend Yield of 5.96, ARLP pays a better dividend. On top of this ARLP pays more dividend than 96.24% of the companies listed in the same industry.
  • ARLP's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
  • The dividend of ARLP is nicely growing with an annual growth rate of 6.10%!
  • ARLP has been paying a dividend for at least 10 years, so it has a reliable track record.

Evaluating Health: NASDAQ:ARLP

A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NASDAQ:ARLP has received a 7 out of 10:

  • ARLP has a debt to FCF ratio of 0.79. This is a very positive value and a sign of high solvency as it would only need 0.79 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 0.79, ARLP belongs to the best of the industry, outperforming 85.45% of the companies in the same industry.
  • A Debt/Equity ratio of 0.17 indicates that ARLP is not too dependend on debt financing.
  • ARLP has a Debt to Equity ratio of 0.17. This is in the better half of the industry: ARLP outperforms 72.77% of its industry peers.
  • A Current Ratio of 2.27 indicates that ARLP has no problem at all paying its short term obligations.
  • ARLP has a better Current ratio (2.27) than 77.93% of its industry peers.
  • The Quick ratio of ARLP (1.71) is better than 75.12% of its industry peers.

Profitability Examination for NASDAQ:ARLP

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NASDAQ:ARLP, the assigned 7 is a significant indicator of profitability:

  • The Return On Assets of ARLP (21.94%) is better than 87.32% of its industry peers.
  • ARLP's Return On Equity of 33.35% is fine compared to the rest of the industry. ARLP outperforms 79.34% of its industry peers.
  • The Return On Invested Capital of ARLP (20.74%) is better than 88.26% of its industry peers.
  • The 3 year average ROIC (16.77%) for ARLP is below the current ROIC(20.74%), indicating increased profibility in the last year.
  • The Profit Margin of ARLP (23.84%) is better than 60.56% of its industry peers.
  • ARLP's Profit Margin has improved in the last couple of years.
  • In the last couple of years the Operating Margin of ARLP has grown nicely.
  • ARLP's Gross Margin of 93.05% is amongst the best of the industry. ARLP outperforms 97.65% of its industry peers.

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

For an up to date full fundamental analysis you can check the fundamental report of ARLP

Disclaimer

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.

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ALLIANCE RESOURCE PARTNERS

NASDAQ:ARLP (5/24/2024, 7:14:33 PM)

23.31

+0.25 (+1.08%)

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