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Why the dividend investor may take a look at NYSE:SQM.

By Mill Chart

Last update: May 3, 2024

Take a closer look at QUIMICA Y MINERA CHIL-SP ADR (NYSE:SQM), a stock of interest to dividend investors uncovered by our stock screener. NYSE:SQM excels in fundamentals and provides a decent dividend, all while maintaining a reasonable valuation. Let's break it down further.

Understanding NYSE:SQM's Dividend

ChartMill assigns a proprietary Dividend Rating to each stock. The score is computed by evaluating various valuation aspects, like the yield, the history, the dividend growth and sustainability. NYSE:SQM was assigned a score of 7 for dividend:

  • SQM has a Yearly Dividend Yield of 10.90%, which is a nice return.
  • Compared to an average industry Dividend Yield of 2.46, SQM pays a better dividend. On top of this SQM pays more dividend than 97.62% of the companies listed in the same industry.
  • SQM's Dividend Yield is rather good when compared to the S&P500 average which is at 2.41.
  • The dividend of SQM is nicely growing with an annual growth rate of 98.58%!
  • SQM has paid a dividend for at least 10 years, which is a reliable track record.

Evaluating Health: NYSE:SQM

ChartMill employs its own Health Rating for stock assessment. This rating, ranging from 0 to 10, is calculated by examining various liquidity and solvency ratios. In the case of NYSE:SQM, the assigned 6 reflects its health status:

  • There is no outstanding debt for SQM. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
  • SQM has a Current Ratio of 2.29. This indicates that SQM is financially healthy and has no problem in meeting its short term obligations.
  • SQM has a better Current ratio (2.29) than 61.90% of its industry peers.
  • The Quick ratio of SQM (1.71) is better than 64.29% of its industry peers.

Exploring NYSE:SQM's Profitability

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:SQM has achieved a 6:

  • The Profit Margin of SQM (36.47%) is better than 98.81% of its industry peers.
  • SQM's Profit Margin has improved in the last couple of years.
  • With an excellent Operating Margin value of 52.08%, SQM belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • SQM's Operating Margin has improved in the last couple of years.
  • The Gross Margin of SQM (53.56%) is better than 97.62% of its industry peers.
  • In the last couple of years the Gross Margin of SQM has grown nicely.

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

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

Keep in mind

This is not investing advice! The article highlights some of the observations at the time of writing, but you should always make your own analysis and invest based on your own insights.

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QUIMICA Y MINERA CHIL-SP ADR

NYSE:SQM (5/17/2024, 7:04:01 PM)

After market: 47.85 0 (0%)

47.85

-0.12 (-0.25%)

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