Looking At Meggitt PLC (LON:MGGT) From All Angles

Attractive stocks have exceptional fundamentals. In the case of Meggitt PLC (LON:MGGT), there's is a notable dividend-paying company with a a strong track record of delivering benchmark-beating performance. Below is a brief commentary on these key aspects. If you're interested in understanding beyond my high-level commentary, take a look at the report on Meggitt here.

Solid track record established dividend payer

MGGT delivered a triple-digit bottom-line expansion over the past couple of years, with its most recent earnings level surpassing its average level over the last five years. Not only did MGGT outperformed its past performance, its growth also surpassed the Aerospace & Defense industry expansion, which generated a 19.68% earnings growth. This is what investors like to see!

Income investors would also be happy to know that MGGT is a great dividend company, with a current yield standing at 3.16%. MGGT has also been regularly increasing its dividend payments to shareholders over the past decade.

Next Steps:

For Meggitt, there are three key aspects you should further research:

1. Future Outlook: What are well-informed industry analysts predicting for MGGT’s future growth? Take a look at our free research report of analyst consensus for MGGT’s outlook.
2. Financial Health: Is MGGT’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 MGGT? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!

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Simply Wall St analyst Simply Wall St and Simply Wall St have no position in any of the companies mentioned. This article is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.