The Character Group plc (LON:CCT): The Best Of Both Worlds

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The Character Group plc (LON:CCT) 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 CCT, it is a highly-regarded dividend payer that has been able to sustain great financial health over the past. Below, I’ve touched on some key aspects you should know on a high level. For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on Character Group here.

Excellent balance sheet established dividend payer

CCT’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. CCT’s has produced operating cash levels of 0.56x total debt over the past year, which implies that CCT’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.

AIM:CCT Historical Debt, May 1st 2019
AIM:CCT Historical Debt, May 1st 2019

For those seeking income streams from their portfolio, CCT is a robust dividend payer as well. Over the past decade, the company has consistently increased its dividend payout, reaching a yield of 4.2%.

AIM:CCT Historical Dividend Yield, May 1st 2019
AIM:CCT Historical Dividend Yield, May 1st 2019

Next Steps:

For Character Group, I’ve compiled three key factors you should further research:

  1. Future Outlook: What are well-informed industry analysts predicting for CCT’s future growth? Take a look at our free research report of analyst consensus for CCT’s outlook.
  2. Historical Performance: What has CCT’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.
  3. Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of CCT? 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 editorial-team@simplywallst.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.