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ResMed Inc (NYSE:RMD): A Durable Dividend Stock Built on Financial Strength
ResMed Inc (NYSE:RMD) is presented as a strong dividend stock due to its consistent dividend growth for over ten years, supported by robust profitability and financial health. The company boasts a sustainable payout ratio of 22.25%, high ChartMill Profitability Rating, and a sound balance sheet with low debt. While its dividend yield of 0.94% may not be the highest, its reliability and underlying financial strength make it an attractive option for long-term income investors.