Uncovering Dividend Opportunities with NYSE:LEA.

Discover LEAR CORP (NYSE:LEA)—a stock that our stock screener has recognized as a solid dividend pick with strong fundamentals. NYSE:LEA showcases decent financial health and profitability while providing a sustainable dividend. We'll explore the specifics further.

Exploring NYSE:LEA's Dividend

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. NYSE:LEA has received a 7 out of 10:

• LEA's Dividend Yield is rather good when compared to the industry average which is at 2.70. LEA pays more dividend than 83.33% of the companies in the same industry.
• The dividend of LEA is nicely growing with an annual growth rate of 9.07%!
• LEA has paid a dividend for at least 10 years, which is a reliable track record.
• 31.77% of the earnings are spent on dividend by LEA. This is a low number and sustainable payout ratio.
• The dividend of LEA is growing, but earnings are growing more, so the dividend growth is sustainable.

Health Assessment of NYSE:LEA

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. NYSE:LEA has earned a 5 out of 10:

• LEA has an Altman-Z score of 3.01. This indicates that LEA is financially healthy and has little risk of bankruptcy at the moment.
• The Altman-Z score of LEA (3.01) is better than 66.67% of its industry peers.
• Looking at the Debt to FCF ratio, with a value of 4.45, LEA is in the better half of the industry, outperforming 71.43% of the companies in the same industry.

Assessing Profitability for NYSE:LEA

ChartMill assigns a Profitability Rating to every stock. This score ranges from 0 to 10 and evaluates the different profitability ratios and margins, both absolutely, but also relative to the industry peers. NYSE:LEA scores a 5 out of 10:

• The Return On Assets of LEA (3.90%) is better than 66.67% of its industry peers.
• LEA has a Return On Equity of 11.64%. This is in the better half of the industry: LEA outperforms 71.43% of its industry peers.
• LEA has a better Return On Invested Capital (8.95%) than 71.43% of its industry peers.
• The last Return On Invested Capital (8.95%) for LEA is above the 3 year average (7.93%), which is a sign of increasing profitability.
• LEA's Profit Margin of 2.44% is fine compared to the rest of the industry. LEA outperforms 61.90% of its industry peers.

More Best Dividend stocks can be found in our Best Dividend screener.

Check the latest full fundamental report of LEA 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.