By Mill Chart
Last update: Jun 20, 2024
MEDTRONIC PLC (NYSE:MDT) has caught the attention of dividend investors as a stock worth considering. NYSE:MDT excels in profitability, solvency, and liquidity, all while providing a decent dividend. Let's delve into the details.
ChartMill assigns a Dividend Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing various dividend elements, such as yield, historical performance, dividend growth, and sustainability. NYSE:MDT has been awarded a 7 for its dividend quality:
A critical element of ChartMill's stock evaluation is the Health Rating, which spans from 0 to 10. This rating considers multiple health factors, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:MDT has received a 5 out of 10:
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:MDT was assigned a score of 7 for profitability:
More Best Dividend stocks can be found in our Best Dividend screener.
Check the latest full fundamental report of MDT 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.
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-0.23 (-0.28%)
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Why MEDTRONIC PLC (NYSE:MDT) qualifies as a good dividend investing stock.