Skip to main content

CNQ - Great Dividend Profile

INCOME ANALYSIS FOR CNQ


The Model

There are a multitude of ways to look at dividends.  This report is going to combine two elements: the sum of the current yield and the five year average growth rate (total return) and the dividend coverage.

The Total Return

The graph below shows the sum of the current yield and the five year average growth rate.

CNQ is really high, almost 24%.  This is a combination of a 3.95% dividend yield and a 5 year growth rate of 19.95%.  Note, the 3 year growth rate was 13.97%.

Dividend Coverage

We want to see that the TTM dividend is less than 75% of the company's free cash flow with this metric.

CNQ is 37%. 

Summary

CNQ has an impressive total return and good coverage.

Disclaimer

The point of this report is to demonstrate what INVRS can do.  This is not a comprehensive analysis and we cannot be held responsible for any investment decisions you make. 
We may publish this report after three business days.
Thank you for your interest in INVRS.  Discover and publish your own investment information.
Labels:

Comments

Post a Comment

Popular posts from this blog

11 Reasons Why INVRS is Better Than Excel Alone

If you work with your own investment models you likely use excel to build them, but excel isn’t ideal for many reasons and it costs you in other ways.
First, you need good data and it isn’t just lying around in an easy to import format.You’re either keying it in yourself or paying money for excel downloads.
When you need data from numerous sources – price information, data from different statements and across multiple years - you must merge it from multiple sheets.  It's an inefficient process which can lead to data corruption.
After all this data is collected and merged, models built and tested, the net result is one statistic for one company.A stand-alone number without context has limited use.To be meaningful, you need to compare it to similar companies. This is just a sample of the challenges.  You need software that overcomes these problems and is designed for investment model creation.
Surprise!  This software exists, it's INVRS.  You can get a free analysis report on …
Post a Comment
Read more

NextEra - Good Dividend in the Renewable Energy Sector

NextEra had good results relative to a group of peers in a factor-based analysis.NextEra has an appealing profitability and income profile.Its price momentum looks decent, with a caveat.Its relatively small size (a small mid-cap) coupled with its industry (renewable energy) further weight the odds that this company could be a strong performer in the future.
The Analysis Overview
I created a portfolio of stocks in the alternative energy sector, looking specifically for companies with a market cap over $1B but less than $4B.  This is a sweet spot that offers strong potential for growth but is also substantial enough not to be too speculative.

It's my believe that alternative energy is on the ascendance, where as fossil fuels will inevitably decline (NextEra isn't a pure play in this regard however, natural gas assets are part of its portfolio).  If you share this belief and you want exposure to this market, NextEra looks like a good bet.

This is a factor-based analysis on seven …
Post a Comment
Read more