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Should You Consider Sensient Technologies Corporation (NYSE:SXT)?

Simply Wall St

I've been keeping an eye on Sensient Technologies Corporation (NYSE:SXT) because I'm attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe SXT has a lot to offer. Basically, it is a highly-regarded dividend-paying company with a a great track record of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my broad commentary, read the full report on Sensient Technologies here.

Established dividend payer with proven track record

In the previous year, SXT has ramped up its bottom line by 76%, with its latest earnings level surpassing its average level over the last five years. Not only did SXT outperformed its past performance, its growth also surpassed the Chemicals industry expansion, which generated a 23% earnings growth. This paints a buoyant picture for the company.

NYSE:SXT Income Statement, April 24th 2019

For those seeking income streams from their portfolio, SXT is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 2.1%.

NYSE:SXT Historical Dividend Yield, April 24th 2019

Next Steps:

For Sensient Technologies, I've compiled three key aspects you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for SXT’s future growth? Take a look at our free research report of analyst consensus for SXT’s outlook.
  2. Financial Health: Are SXT’s operations financially sustainable? Balance sheets can be hard to analyze, which is why we’ve done it for you. Check out our financial health checks here.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of SXT? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.

If you spot an error that warrants correction, please contact the editor at editorial-team@simplywallst.com. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.