Uncovering Dividend Opportunities with SHOE CARNIVAL INC (NASDAQ:SCVL).

SHOE CARNIVAL INC (NASDAQ:SCVL) is a hidden gem unveiled by our stock screening tool, featuring a promising dividend outlook alongside solid fundamentals. SCVL demonstrates decent financial health and profitability while ensuring a sustainable dividend. Let's break it down further.

Dividend Analysis for SCVL

An integral part of ChartMill's stock analysis is the Dividend Rating, which spans from 0 to 10. This rating evaluates diverse dividend factors, including yield, historical data, growth, and sustainability. SCVL has received a 7 out of 10:

• SCVL's Dividend Yield is rather good when compared to the industry average which is at 5.47. SCVL pays more dividend than 87.60% of the companies in the same industry.
• Compared to an average S&P500 Dividend Yield of 2.43, SCVL pays a bit more dividend than the S&P500 average.
• The dividend of SCVL is nicely growing with an annual growth rate of 22.78%!
• SCVL has paid a dividend for at least 10 years, which is a reliable track record.
• SCVL has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
• 19.94% of the earnings are spent on dividend by SCVL. This is a low number and sustainable payout ratio.

Evaluating Health: SCVL

ChartMill utilizes a Health Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of liquidity and solvency ratios, both in absolute terms and in comparison to industry peers. SCVL has earned a 8 out of 10:

• SCVL has an Altman-Z score of 3.33. This indicates that SCVL is financially healthy and has little risk of bankruptcy at the moment.
• SCVL's Altman-Z score of 3.33 is fine compared to the rest of the industry. SCVL outperforms 76.86% of its industry peers.
• SCVL has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
• A Current Ratio of 4.11 indicates that SCVL has no problem at all paying its short term obligations.
• SCVL has a better Current ratio (4.11) than 95.04% of its industry peers.
• The Quick ratio of SCVL (1.15) is better than 77.69% of its industry peers.

Profitability Analysis for SCVL

ChartMill utilizes a Profitability Rating to assess stocks, scoring them on a scale of 0 to 10. This rating takes into account a variety of profitability ratios and margins, both in absolute terms and in comparison to industry peers. SCVL has earned a 7 out of 10:

• The Return On Assets of SCVL (6.56%) is better than 75.21% of its industry peers.
• The Return On Equity of SCVL (11.37%) is better than 67.77% of its industry peers.
• The Return On Invested Capital of SCVL (6.99%) is better than 64.46% of its industry peers.
• With an excellent Profit Margin value of 6.13%, SCVL belongs to the best of the industry, outperforming 80.17% of the companies in the same industry.
• In the last couple of years the Profit Margin of SCVL has grown nicely.
• With a decent Operating Margin value of 7.60%, SCVL is doing good in the industry, outperforming 78.51% of the companies in the same industry.
• In the last couple of years the Operating Margin of SCVL has grown nicely.
• In the last couple of years the Gross Margin of SCVL has grown nicely.

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Check the latest full fundamental report of SCVL for a complete fundamental analysis.

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.