BAKER HUGHES CO (NASDAQ:BKR) – A Dividend Stock Worth Considering

BAKER HUGHES CO (NASDAQ:BKR) was identified by our dividend stock screener as a company with strong dividend characteristics, solid profitability, and reasonable financial health. The stock stands out for its reliable dividend history and sustainable payout ratio, making it a candidate for income-focused investors.

Dividend Strengths

• Dividend Yield: BKR offers a yield of 2.32%, slightly above the S&P 500 average of 2.35%.
• Dividend Growth: The company has increased its dividend at an annualized rate of 4.36% over the past years.
• Payout Ratio: Only 29.22% of earnings are allocated to dividends, indicating sustainability.
• Track Record: BKR has maintained dividend payments for at least 10 years without reductions.

Profitability & Financial Health

• Profitability Rating (7/10): Strong return metrics, including a 17.17% Return on Equity, place BKR in the top tier of its industry.
• Health Rating (5/10): While liquidity metrics are weaker, solvency remains stable with a manageable Debt-to-Equity ratio of 0.35.
• Valuation: Trading at a P/E of 16.61, BKR is priced in line with industry peers.

For a deeper look, review the full fundamental analysis report.

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Disclaimer

This is not investment advice. Always conduct your own research before making investment decisions.