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Balancing Dividends and Fundamentals: The Case of NYSE:OSK.

By Mill Chart

Last update: Oct 31, 2023

Take a closer look at OSHKOSH CORP (NYSE:OSK), a stock of interest to dividend investors uncovered by our stock screener. NYSE:OSK excels in fundamentals and provides a decent dividend, all while maintaining a reasonable valuation. Let's break it down further.

Evaluating Dividend: NYSE:OSK

ChartMill employs its own Dividend Rating system for all stocks. This score, on a scale of 0 to 10, is determined by evaluating different dividend factors, such as yield, historical performance, dividend growth, and sustainability. NYSE:OSK has been assigned a 7 for dividend:

  • OSK's Dividend Yield is rather good when compared to the industry average which is at 2.09. OSK pays more dividend than 80.62% of the companies in the same industry.
  • On average, the dividend of OSK grows each year by 11.77%, which is quite nice.
  • OSK has been paying a dividend for at least 10 years, so it has a reliable track record.
  • OSK has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
  • OSK pays out 19.46% of its income as dividend. This is a sustainable payout ratio.
  • OSK's earnings are growing more than its dividend. This makes the dividend growth sustainable.

Understanding NYSE:OSK's 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:OSK has earned a 5 out of 10:

  • With a decent Debt to FCF ratio value of 4.57, OSK is doing good in the industry, outperforming 65.89% of the companies in the same industry.
  • OSK has a Debt/Equity ratio of 0.17. This is a healthy value indicating a solid balance between debt and equity.
  • OSK has a Debt to Equity ratio of 0.17. This is in the better half of the industry: OSK outperforms 75.19% of its industry peers.

Analyzing Profitability Metrics

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:OSK has achieved a 5:

  • The Return On Assets of OSK (6.06%) is better than 66.67% of its industry peers.
  • Looking at the Return On Equity, with a value of 15.16%, OSK is in the better half of the industry, outperforming 73.64% of the companies in the same industry.
  • OSK has a better Return On Invested Capital (11.29%) than 75.97% of its industry peers.
  • The 3 year average ROIC (8.14%) for OSK is below the current ROIC(11.29%), indicating increased profibility in the last year.

Our Best Dividend screener lists more Best Dividend stocks and is updated daily.

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

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.

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OSHKOSH CORP

NYSE:OSK (4/26/2024, 7:08:24 PM)

After market: 117.66 0 (0%)

117.66

-1.03 (-0.87%)

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