Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card!
Investors Title Company (NASDAQ:ITIC) is a company with exceptional fundamental characteristics. Upon building up an investment case for a stock, we should look at various aspects. In the case of ITIC, it is a dependable dividend-paying company that has been able to sustain great financial health over the past. In the following section, I expand a bit more on these key aspects. If you're interested in understanding beyond my broad commentary, take a look at the report on Investors Title here.
Flawless balance sheet established dividend payer
ITIC'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 suggests prudent control over cash and cost by management, which is an important determinant of the company’s health. Looking at ITIC's capital structure, the company has no debt on its balance sheet. This means it is running its business only on equity capital funding, which is typically normal for a small-cap company. Therefore the company has plenty of headroom to grow, and the ability to raise debt should it need to in the future.
For those seeking income streams from their portfolio, ITIC is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 7.4%, making it one of the best dividend companies in the market.
For Investors Title, I've compiled three pertinent aspects you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for ITIC’s future growth? Take a look at our free research report of analyst consensus for ITIC’s outlook.
- Historical Performance: What has ITIC'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 ITIC? 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.