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Why NYSE:TTE provides a good dividend, while having solid fundamentals.

By Mill Chart

Last update: May 10, 2024

Our stock screener has singled out TOTALENERGIES SE -SPON ADR (NYSE:TTE) as a promising choice for dividend investors. NYSE:TTE not only scores well in profitability, solvency, and liquidity but also offers a decent dividend. We'll explore this further.

Assessing Dividend for NYSE:TTE

ChartMill assigns a Dividend Rating to each stock, ranging from 0 to 10. This rating is calculated by analyzing various dividend elements, such as yield, historical performance, dividend growth, and sustainability. NYSE:TTE has been awarded a 7 for its dividend quality:

  • With a Yearly Dividend Yield of 4.50%, TTE is a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 5.84, TTE pays a bit more dividend than its industry peers.
  • TTE's Dividend Yield is rather good when compared to the S&P500 average which is at 2.39.
  • The dividend of TTE is nicely growing with an annual growth rate of 10.18%!
  • TTE has paid a dividend for at least 10 years, which is a reliable track record.
  • TTE pays out 35.64% of its income as dividend. This is a sustainable payout ratio.

Health Insights: NYSE:TTE

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:TTE, the assigned 5 reflects its health status:

  • TTE has a debt to FCF ratio of 2.18. This is a good value and a sign of high solvency as TTE would need 2.18 years to pay back of all of its debts.
  • TTE has a Debt to FCF ratio of 2.18. This is in the better half of the industry: TTE outperforms 73.36% of its industry peers.
  • A Debt/Equity ratio of 0.35 indicates that TTE is not too dependend on debt financing.

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:TTE has achieved a 5:

  • Looking at the Return On Invested Capital, with a value of 14.26%, TTE is in the better half of the industry, outperforming 73.83% of the companies in the same industry.
  • The 3 year average ROIC (13.67%) for TTE is below the current ROIC(14.26%), indicating increased profibility in the last year.
  • TTE's Profit Margin has improved in the last couple of years.
  • TTE's Operating Margin has improved in the last couple of years.
  • In the last couple of years the Gross Margin of TTE has grown nicely.

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

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


This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.