U.S. Markets closed

Looking At Suncorp Group Limited (ASX:SUN) From All Angles

Simply Wall St

Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!

Attractive stocks have exceptional fundamentals. In the case of Suncorp Group Limited (ASX:SUN), there's is a highly-regarded dividend-paying company with a an impressive history of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. For those interested in digger a bit deeper into my commentary, take a look at the report on Suncorp Group here.

Proven track record average dividend payer

Over the past year, SUN has grown its earnings by 11%, with its most recent figure exceeding its annual average over the past five years. Not only did SUN outperformed its past performance, its growth also surpassed the Insurance industry expansion, which generated a -5.2% earnings growth. This is an notable feat for the company.

ASX:SUN Income Statement, June 19th 2019

Income investors would also be happy to know that SUN is a great dividend company, with a current yield standing at 5.0%. SUN has also been regularly increasing its dividend payments to shareholders over the past decade.

ASX:SUN Historical Dividend Yield, June 19th 2019

Next Steps:

For Suncorp Group, I've put together three essential aspects you should look at:

  1. Future Outlook: What are well-informed industry analysts predicting for SUN’s future growth? Take a look at our free research report of analyst consensus for SUN’s outlook.
  2. Financial Health: Are SUN’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 SUN? 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.