As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to their future outlook. In the case of Kingfisher plc (LON:KGF), 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 high-level commentary, read the full report on Kingfisher here.
Flawless balance sheet average dividend payer
KGF’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This indicates that KGF has sufficient cash flows and proper cash management in place, which is an important determinant of the company’s health. KGF’s has produced operating cash levels of 3.61x total debt over the past year, which implies that KGF’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
Income investors would also be happy to know that KGF is a great dividend company, with a current yield standing at 4.3%. KGF has also been regularly increasing its dividend payments to shareholders over the past decade.
For Kingfisher, I’ve put together three essential factors you should further research:
- Future Outlook: What are well-informed industry analysts predicting for KGF’s future growth? Take a look at our free research report of analyst consensus for KGF’s outlook.
- Historical Performance: What has KGF’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 KGF? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
To help readers see past the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price-sensitive company announcements.
The author is an independent contributor and at the time of publication had no position in the stocks mentioned. For errors that warrant correction please contact the editor at email@example.com.