Building up an investment case requires looking at a stock holistically. Today I've chosen to put the spotlight on Bell Financial Group Limited (ASX:BFG) due to its excellent fundamentals in more than one area. BFG is a well-regarded dividend-paying company that has been able to sustain great financial health over the past. Below is a brief commentary on these key aspects. For those interested in understanding where the figures come from and want to see the analysis, read the full report on Bell Financial Group here.
Adequate balance sheet average dividend payer
BFG's strong financial health means that all of its upcoming liability payments are able to be met by its current cash and short-term investment holdings. This indicates that BFG has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. BFG appears to have made good use of debt, producing operating cash levels of 0.92x total debt in the prior year. This is a strong indication that debt is reasonably met with cash generated.
Income investors would also be happy to know that BFG is one of the highest dividend payers in the market, with current dividend yield standing at 7.1%. BFG has also been regularly increasing its dividend payments to shareholders over the past decade.
For Bell Financial Group, I've compiled three key aspects you should further research:
- Future Outlook: What are well-informed industry analysts predicting for BFG’s future growth? Take a look at our free research report of analyst consensus for BFG’s outlook.
- Historical Performance: What has BFG's returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of BFG? 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 email@example.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.