Exploring WINNEBAGO INDUSTRIES (NYSE:WGO)'s dividend characteristics.

Unearth the potential of WINNEBAGO INDUSTRIES (NYSE:WGO) as a dividend stock recommended by our stock screening tool. NYSE:WGO maintains a robust financial footing and delivers a sustainable dividend. We'll delve into the details below.

Dividend Assessment of NYSE:WGO

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:WGO was assigned a score of 7 for dividend:

• WGO's Dividend Yield is rather good when compared to the industry average which is at 4.21. WGO pays more dividend than 92.50% of the companies in the same industry.
• Compared to an average S&P500 Dividend Yield of 2.33, WGO pays a better dividend.
• On average, the dividend of WGO grows each year by 23.63%, which is quite nice.
• WGO has paid a dividend for at least 10 years, which is a reliable track record.
• WGO has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.

Understanding NYSE:WGO's Health Score

Every stock is evaluated by ChartMill, receiving a Health Rating on a scale of 0 to 10. This assessment considers different health aspects, including liquidity and solvency, both in absolute terms and relative to industry peers. NYSE:WGO has achieved a 7 out of 10:

• An Altman-Z score of 3.29 indicates that WGO is not in any danger for bankruptcy at the moment.
• WGO's Altman-Z score of 3.29 is amongst the best of the industry. WGO outperforms 87.50% of its industry peers.
• Looking at the Debt to FCF ratio, with a value of 6.61, WGO belongs to the top of the industry, outperforming 90.00% of the companies in the same industry.
• A Current Ratio of 2.58 indicates that WGO has no problem at all paying its short term obligations.
• The Current ratio of WGO (2.58) is better than 87.50% of its industry peers.
• Looking at the Quick ratio, with a value of 1.34, WGO is in the better half of the industry, outperforming 72.50% of the companies in the same industry.

A Closer Look at Profitability for NYSE:WGO

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:WGO has achieved a 6:

• Looking at the Return On Assets, with a value of -0.78%, WGO is in the better half of the industry, outperforming 67.50% of the companies in the same industry.
• WGO's Return On Equity of -1.45% is fine compared to the rest of the industry. WGO outperforms 67.50% of its industry peers.
• WGO has a better Return On Invested Capital (3.67%) than 72.50% of its industry peers.
• WGO had an Average Return On Invested Capital over the past 3 years of 13.73%. This is above the industry average of 8.95%.
• The 3 year average ROIC (13.73%) for WGO is well above the current ROIC(3.67%). The reason for the recent decline needs to be investigated.
• WGO's Operating Margin of 3.19% is fine compared to the rest of the industry. WGO outperforms 75.00% of its industry peers.

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

Disclaimer

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.