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Why NYSE:PFE qualifies as a good dividend investing stock.

By Mill Chart

Last update: Sep 26, 2023

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

Assessing Dividend Metrics for NYSE:PFE

ChartMill provides a Dividend Rating for every stock, ranging from 0 to 10. This rating assesses various dividend aspects, including yield, growth, and sustainability. NYSE:PFE earns a 8 out of 10:

  • With a Yearly Dividend Yield of 4.99%, PFE is a good candidate for dividend investing.
  • PFE's Dividend Yield is rather good when compared to the industry average which is at 3.87. PFE pays more dividend than 97.62% of the companies in the same industry.
  • Compared to an average S&P500 Dividend Yield of 2.64, PFE pays a better dividend.
  • PFE has paid a dividend for at least 10 years, which is a reliable track record.
  • PFE has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.

Health Examination for NYSE:PFE

ChartMill assigns a proprietary Health Rating to each stock. The score is computed by evaluating various liquidity and solvency ratios and ranges from 0 to 10. NYSE:PFE was assigned a score of 5 for health:

  • The Altman-Z score of PFE (2.67) is better than 73.33% of its industry peers.
  • PFE has a Debt to FCF ratio of 6.13. This is amongst the best in the industry. PFE outperforms 84.76% of its industry peers.
  • A Current Ratio of 2.12 indicates that PFE has no problem at all paying its short term obligations.

What does the Profitability looks like for NYSE:PFE

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:PFE has achieved a 8:

  • With an excellent Return On Assets value of 9.75%, PFE belongs to the best of the industry, outperforming 90.95% of the companies in the same industry.
  • PFE has a better Return On Equity (21.68%) than 91.90% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 11.96%, PFE belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
  • The 3 year average ROIC (16.16%) for PFE is well above the current ROIC(11.96%). The reason for the recent decline needs to be investigated.
  • PFE has a better Profit Margin (27.55%) than 94.76% of its industry peers.
  • With an excellent Operating Margin value of 31.21%, PFE belongs to the best of the industry, outperforming 95.71% of the companies in the same industry.
  • PFE's Operating Margin has improved in the last couple of years.
  • Looking at the Gross Margin, with a value of 68.78%, PFE is in the better half of the industry, outperforming 73.81% of the companies in the same industry.

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 PFE

Disclaimer

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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PFIZER INC

NYSE:PFE (4/26/2024, 7:09:35 PM)

After market: 25.45 +0.05 (+0.2%)

25.4

+0.14 (+0.55%)

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