Why NYSE:BG qualifies as a good dividend investing stock.

Our stock screening tool has identified BUNGE GLOBAL SA (NYSE:BG) as a strong dividend contender with robust fundamentals. NYSE:BG exhibits commendable financial health and profitability, all while offering a sustainable dividend. Let's delve into each aspect below.

How We Gauge Dividend for NYSE:BG

To gauge a stock's dividend quality, ChartMill utilizes a Dividend Rating ranging from 0 to 10. This comprehensive assessment considers various dividend aspects, including yield, history, growth, and sustainability. NYSE:BG has achieved a 7 out of 10:

• Compared to an average industry Dividend Yield of 3.86, BG pays a bit more dividend than its industry peers.
• BG's Dividend Yield is rather good when compared to the S&P500 average which is at 2.28.
• BG has paid a dividend for at least 10 years, which is a reliable track record.
• BG has not decreased their dividend for at least 10 years, which is a reliable track record.
• 17.08% of the earnings are spent on dividend by BG. This is a low number and 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:BG, the assigned 6 for health provides valuable insights:

• BG has an Altman-Z score of 4.28. This indicates that BG is financially healthy and has little risk of bankruptcy at the moment.
• BG has a Altman-Z score of 4.28. This is amongst the best in the industry. BG outperforms 83.72% of its industry peers.
• BG has a debt to FCF ratio of 2.23. This is a good value and a sign of high solvency as BG would need 2.23 years to pay back of all of its debts.
• BG has a better Debt to FCF ratio (2.23) than 74.42% of its industry peers.
• BG has a Debt/Equity ratio of 0.45. This is a healthy value indicating a solid balance between debt and equity.
• A Current Ratio of 2.13 indicates that BG has no problem at all paying its short term obligations.
• The Current ratio of BG (2.13) is better than 65.12% of its industry peers.
• BG has a Quick ratio of 1.20. This is in the better half of the industry: BG outperforms 68.60% of its industry peers.

Looking at the Profitability

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 NYSE:BG, the assigned 7 is a significant indicator of profitability:

• Looking at the Return On Assets, with a value of 8.84%, BG belongs to the top of the industry, outperforming 87.21% of the companies in the same industry.
• With an excellent Return On Equity value of 20.67%, BG belongs to the best of the industry, outperforming 88.37% of the companies in the same industry.
• BG's Return On Invested Capital of 13.58% is amongst the best of the industry. BG outperforms 89.53% of its industry peers.
• The Average Return On Invested Capital over the past 3 years for BG is above the industry average of 9.02%.
• The last Return On Invested Capital (13.58%) for BG is above the 3 year average (12.86%), which is a sign of increasing profitability.
• BG's Profit Margin has improved in the last couple of years.
• In the last couple of years the Operating Margin of BG has grown nicely.
• In the last couple of years the Gross Margin of BG has grown nicely.

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

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

Disclaimer

This article should in no way be interpreted as advice. 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.