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

FEDEX CORP (NYSE:FDX) has caught the attention of dividend investors as a stock worth considering. NYSE:FDX excels in profitability, solvency, and liquidity, all while providing a decent dividend. Let's delve into the details.

Dividend Analysis for NYSE:FDX

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:FDX has achieved a 7 out of 10:

• FDX's Dividend Yield is a higher than the industry average which is at 2.81.
• On average, the dividend of FDX grows each year by 14.41%, which is quite nice.
• FDX has paid a dividend for at least 10 years, which is a reliable track record.
• FDX has not decreased their dividend for at least 10 years, which is a reliable track record.
• FDX pays out 31.68% of its income as dividend. This is a sustainable payout ratio.

A Closer Look at Health for NYSE:FDX

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. NYSE:FDX was assigned a score of 5 for health:

• The Debt to FCF ratio of FDX (7.75) is better than 68.42% of its industry peers.

Understanding NYSE:FDX's Profitability

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. NYSE:FDX was assigned a score of 7 for profitability:

• The Return On Assets of FDX (4.66%) is better than 73.68% of its industry peers.
• FDX has a Return On Equity of 14.87%. This is in the better half of the industry: FDX outperforms 78.95% of its industry peers.
• Looking at the Return On Invested Capital, with a value of 5.98%, FDX is in the better half of the industry, outperforming 68.42% of the companies in the same industry.
• FDX has a Profit Margin of 4.61%. This is in the better half of the industry: FDX outperforms 78.95% of its industry peers.
• In the last couple of years the Profit Margin of FDX has grown nicely.
• Looking at the Operating Margin, with a value of 6.69%, FDX is in the better half of the industry, outperforming 78.95% of the companies in the same industry.
• FDX has a better Gross Margin (70.49%) than 94.74% of its industry peers.

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

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

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.