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Why I Like Legrand SA (EPA:LR)

Legrand SA (EPA:LR) is a stock with outstanding fundamental characteristics. When we build an investment case, we need to look at the stock with a holistic perspective. In the case of LR, it is a highly-regarded dividend payer with a a great 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 Legrand here.

Established dividend payer with proven track record

In the previous year, LR has ramped up its bottom line by 20%, with its latest earnings level surpassing its average level over the last five years. Not only did LR outperformed its past performance, its growth also surpassed the Electrical industry expansion, which generated a 15% earnings growth. This is an notable feat for the company.

ENXTPA:LR Income Statement Export December 5th 18

For those seeking income streams from their portfolio, LR is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 2.4%.

ENXTPA:LR Historical Dividend Yield December 5th 18

Next Steps:

For Legrand, I’ve put together three pertinent factors you should further research:

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