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Uncovering Dividend Opportunities with NYSE:MDC.

By Mill Chart

Last update: Oct 2, 2023

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

A Closer Look at Dividend for NYSE:MDC

ChartMill assigns a Dividend Rating to every stock. This score ranges from 0 to 10 and evaluates the different dividend aspects, including the yield, the growth and sustainability. NYSE:MDC scores a 8 out of 10:

  • MDC has a Yearly Dividend Yield of 5.26%, which is a nice return.
  • MDC's Dividend Yield is rather good when compared to the industry average which is at 3.25. MDC pays more dividend than 95.45% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 2.68, MDC pays a better dividend.
  • The dividend of MDC is nicely growing with an annual growth rate of 20.09%!
  • MDC has been paying a dividend for at least 10 years, so it has a reliable track record.
  • MDC has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
  • 36.43% of the earnings are spent on dividend by MDC. This is a low number and sustainable payout ratio.

Looking at the Health

To gauge a stock's financial health, ChartMill utilizes a Health Rating on a scale of 0 to 10. This comprehensive evaluation encompasses liquidity and solvency, both in absolute terms and in comparison to industry peers. NYSE:MDC has earned a 7 out of 10:

  • MDC has an Altman-Z score of 3.37. This indicates that MDC is financially healthy and has little risk of bankruptcy at the moment.
  • The Debt to FCF ratio of MDC is 1.19, which is an excellent value as it means it would take MDC, only 1.19 years of fcf income to pay off all of its debts.
  • The Debt to FCF ratio of MDC (1.19) is better than 75.76% of its industry peers.
  • Even though the debt/equity ratio score it not favorable for MDC, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
  • A Current Ratio of 7.24 indicates that MDC has no problem at all paying its short term obligations.
  • MDC's Current ratio of 7.24 is amongst the best of the industry. MDC outperforms 84.85% of its industry peers.
  • MDC has a Quick Ratio of 2.04. This indicates that MDC is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Quick ratio, with a value of 2.04, MDC belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.

Profitability Examination for NYSE:MDC

Discover ChartMill's exclusive Profitability Rating, a proprietary metric that assesses stocks on a scale of 0 to 10. It takes into consideration various profitability ratios and margins, both in absolute terms and relative to industry peers. Notably, NYSE:MDC has achieved a 6:

  • MDC has a better Return On Assets (7.32%) than 60.61% of its industry peers.
  • With a decent Profit Margin value of 7.70%, MDC is doing good in the industry, outperforming 62.12% of the companies in the same industry.
  • In the last couple of years the Profit Margin of MDC has grown nicely.
  • With a decent Operating Margin value of 12.14%, MDC is doing good in the industry, outperforming 66.67% of the companies in the same industry.
  • In the last couple of years the Operating Margin of MDC has grown nicely.
  • In the last couple of years the Gross Margin of MDC has grown nicely.

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

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

Disclaimer

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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MDC HOLDINGS INC

NYSE:MDC (2/23/2024, 7:04:00 PM)

After market: 62.5 0 (0%)

62.5

0 (0%)

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