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Exploring NYSE:MDC's dividend characteristics.

By Mill Chart

Last update: Apr 12, 2024

Our stock screener has spotted MDC HOLDINGS INC (NYSE:MDC) as a good dividend stock with solid fundamentals. NYSE:MDC shows decent health and profitability. At the same time it gives a good and sustainable dividend. We'll dive into each aspect below.

How We Gauge 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 7 out of 10:

  • Compared to an average industry Dividend Yield of 3.22, MDC pays a better dividend. On top of this MDC pays more dividend than 88.06% of the companies listed in the same industry.
  • MDC's Dividend Yield is a higher than the S&P500 average which is at 2.36.
  • The dividend of MDC is nicely growing with an annual growth rate of 15.41%!
  • 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.
  • 38.93% of the earnings are spent on dividend by MDC. This is a low number and sustainable payout ratio.

Exploring NYSE:MDC's 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:MDC, the assigned 6 for health provides valuable insights:

  • MDC has an Altman-Z score of 3.68. This indicates that MDC is financially healthy and has little risk of bankruptcy at the moment.
  • Looking at the Altman-Z score, with a value of 3.68, MDC is in the better half of the industry, outperforming 64.18% of the companies in the same industry.
  • The Debt to FCF ratio of MDC is 3.28, which is a good value as it means it would take MDC, 3.28 years of fcf income to pay off all of its debts.
  • A Current Ratio of 7.70 indicates that MDC has no problem at all paying its short term obligations.
  • MDC has a better Current ratio (7.70) than 85.07% of its industry peers.
  • MDC has a Quick Ratio of 2.69. This indicates that MDC is financially healthy and has no problem in meeting its short term obligations.
  • With an excellent Quick ratio value of 2.69, MDC belongs to the best of the industry, outperforming 92.54% of the companies in the same industry.

Evaluating Profitability: NYSE:MDC

ChartMill employs its own Profitability Rating system for stock evaluation. This score, ranging from 0 to 10, is derived from an analysis of diverse profitability metrics and margins. In the case of NYSE:MDC, the assigned 6 is noteworthy for profitability:

  • MDC has a better Return On Assets (7.08%) than 62.69% of its industry peers.
  • The 3 year average ROIC (11.24%) for MDC is well above the current ROIC(6.75%). The reason for the recent decline needs to be investigated.
  • Looking at the Profit Margin, with a value of 8.59%, MDC is in the better half of the industry, outperforming 68.66% of the companies in the same industry.
  • MDC's Profit Margin has improved in the last couple of years.
  • With a decent Operating Margin value of 10.03%, MDC is doing good in the industry, outperforming 61.19% of the companies in the same industry.
  • In the last couple of years the Operating Margin of MDC 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 MDC for a complete fundamental analysis.


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.