Uncovering Dividend Opportunities with NYSE:NKE.

Unearth the potential of NIKE INC -CL B (NYSE:NKE) as a dividend stock recommended by our stock screening tool. NYSE:NKE maintains a robust financial footing and delivers a sustainable dividend. We'll delve into the details below.

A Closer Look at Dividend for NYSE:NKE

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:NKE scores a 7 out of 10:

• Compared to an average industry Dividend Yield of 3.97, NKE pays a bit more dividend than its industry peers.
• On average, the dividend of NKE grows each year by 11.10%, which is quite nice.
• NKE has been paying a dividend for at least 10 years, so it has a reliable track record.
• NKE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
• 39.68% of the earnings are spent on dividend by NKE. This is a low number and sustainable payout ratio.
• NKE's earnings are growing more than its dividend. This makes the dividend growth sustainable.

Health Assessment of NYSE:NKE

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:NKE has achieved a 7 out of 10:

• NKE has an Altman-Z score of 6.13. This indicates that NKE is financially healthy and has little risk of bankruptcy at the moment.
• NKE has a better Altman-Z score (6.13) than 85.11% of its industry peers.
• NKE has a debt to FCF ratio of 1.83. This is a very positive value and a sign of high solvency as it would only need 1.83 years to pay back of all of its debts.
• With a decent Debt to FCF ratio value of 1.83, NKE is doing good in the industry, outperforming 70.21% of the companies in the same industry.
• Even though the debt/equity ratio score it not favorable for NKE, it has very limited outstanding debt, so we won't put too much weight on the DE evaluation.
• A Current Ratio of 2.72 indicates that NKE has no problem at all paying its short term obligations.
• With a decent Current ratio value of 2.72, NKE is doing good in the industry, outperforming 63.83% of the companies in the same industry.
• NKE's Quick ratio of 1.81 is fine compared to the rest of the industry. NKE outperforms 72.34% of its industry peers.

Profitability Assessment of NYSE:NKE

ChartMill's Profitability Rating offers a unique perspective on stock analysis, providing scores from 0 to 10. These ratings consider a wide range of profitability metrics and margins, both in comparison to industry peers and on their own merits. For NYSE:NKE, the assigned 8 is a significant indicator of profitability:

• NKE's Return On Assets of 13.51% is amongst the best of the industry. NKE outperforms 91.49% of its industry peers.
• NKE's Return On Equity of 36.20% is amongst the best of the industry. NKE outperforms 93.62% of its industry peers.
• NKE has a Return On Invested Capital of 18.06%. This is amongst the best in the industry. NKE outperforms 89.36% of its industry peers.
• Measured over the past 3 years, the Average Return On Invested Capital for NKE is significantly above the industry average of 10.58%.
• NKE's Profit Margin of 9.90% is amongst the best of the industry. NKE outperforms 85.11% of its industry peers.
• NKE's Profit Margin has improved in the last couple of years.
• With a decent Operating Margin value of 11.55%, NKE is doing good in the industry, outperforming 78.72% of the companies in the same industry.

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

For an up to date full fundamental analysis you can check the fundamental report of NKE

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.