Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Page: Dividend Discount Model

Assurant, Inc. 5.25% Subordinat

Ticker: AIZN | Industry: Insurance - Diversified | Sector: Financial Services
$20.69 +0.11 (0.53%)
As of: 2026-01-23

Master Data Export


Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$438.01 - $1,170.91$665.22
Multi-Stage DDM$212.75 - $232.55$222.47
Blended Fair Value$443.84
Stock Price$19.75

Dividend History (Last 10 Years)

Metric2024202320222021202020192018201720162015
DPS2.9652.8322.7422.6212.4472.4302.2472.1512.0241.364
YoY %4.70%3.28%4.60%7.12%0.71%8.13%4.44%6.31%48.33%28.79%
Yield15.012%14.338%13.882%13.272%12.390%12.302%11.377%10.894%10.247%6.908%

CAGRValue
5 Year4.06%
10 Year10.84%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth5.50% to 7.50%6.50%
WACC9.00%9.00%
Fair Value$438.01 - $1,170.91$665.22

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income760.20760.20760.20
(=) Cash Required152.0495.0357.02
Cash Retained760.20760.20760.20
(-) Cash Required-152.04-95.03-57.02
(=) Excess Retained608.16665.18703.19
(/) Shares Outstanding52,581,10252,581,10252,581,102
(=) Excess Retained per Share11.5712.6513.37
LTM Dividend per Share2.9652.9652.965
(+) Excess Retained per Share11.5712.6513.37
(=) Adjusted Dividend14.53115.61516.338

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income760.20809.61862.24918.28977.971,041.54
Payout Ratio20.5%25.0%41.0%57.0%73.0%90.0%
Projected Dividends155.90202.40353.52523.42713.92937.39

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV192.05193.87195.69
Year 2 PV304.84310.65316.51
Year 3 PV410.20421.97433.97
Year 4 PV508.47528.03548.14
Year 5 PV606.76636.06666.49
TV PV9,164.549,607.1910,066.78
Equity Value11,186.8611,697.7712,227.58
Fair Value$212.75$222.47$232.55
Stock Price$19.75$19.75$19.75

Top Dividend Stocks

US Market Global Market
« 1 »
Ticker Company Name Yield % DPS Payout %
ATOM3.SA Atom Empreendimentos e Participações S.A. 19.90% $0.58 71.92%
3698.HK Huishang Bank Corporation Limited 19.56% $0.64 28.80%
SVAV.ME Sollers Public Joint Stock Company 19.34% $110.64 40.44%
0536.HK Tradelink Electronic Commerce Limited 19.33% $0.20 86.09%
3658.HK New Hope Service Holdings Limited 19.28% $0.37 66.51%
0123.HK Yuexiu Property Company Limited 19.19% $0.77 90.88%
0N7I.L Cairo Communication S.p.A. 19.19% $0.36 54.94%
1798.HK China Datang Corporation Renewable Power Co., Limited 19.01% $0.40 63.00%
LBS.TO Life & Banc Split Corp. 19.00% $2.25 40.31%
HMSB.DE H & M Hennes & Mauritz AB (publ) 18.98% $3.26 47.98%
0608.HK High Fashion International Limited 18.79% $0.31 50.08%
0U8N.L Credicorp Ltd. 18.72% $53.82 66.14%
CAAS China Automotive Systems, Inc. 18.61% $0.80 72.30%
KRSB.ME PJSC Krasnoyarskenergosbyt 18.38% $4.07 82.55%
1127.HK Lion Rock Group Limited 18.37% $0.25 47.23%
HAVAS.AS Havas S.A. 18.35% $3.14 90.23%
1480.HK Yan Tat Group Holdings Limited 18.33% $0.22 49.33%
NA-PC.TO National Bank of Canada 18.32% $4.93 48.59%
1412.HK Q P Group Holdings Limited 18.24% $0.29 73.74%
FVJ.F Fortescue Metals Group Limited 18.16% $2.27 76.64%
YATO.MC Atom Hoteles SOCIMI, S.A. 18.06% $2.85 68.99%
0327.HK PAX Global Technology Limited 17.98% $0.92 61.66%
1MO.F Hello Group Inc. 17.92% $1.04 40.52%
PIN.BK Pinthong Industrial Park Public Company Limited 17.92% $0.76 80.79%
1883.HK CITIC Telecom International Holdings Limited 17.86% $0.44 87.51%
6896.HK Golden Throat Holdings Group Company Limited 17.79% $0.55 76.14%
VOT.WA Votum S.A. 17.65% $8.15 59.83%
ALTUR.PA Altur Investissement SCA, SCR 17.58% $1.93 37.11%
O7F1.F Odfjell SE 17.55% $1.78 73.02%
2219.HK Chaoju Eye Care Holdings Limited 17.38% $0.47 84.16%
001390.KS KG Chemical Corporation 17.24% $884.51 97.69%
2360.HK Best Mart 360 Holdings Limited 17.23% $0.35 82.20%
ALSAS.PA Stradim Espace Finances S.A. 17.16% $0.80 55.65%
9615.SR Mufeed Company 17.11% $5.39 35.54%
LPPF.JK PT Matahari Department Store Tbk 17.09% $300.00 82.85%
0LNT.L Fugro N.V. 17.06% $1.52 39.50%
0458.HK Tristate Holdings Limited 17.02% $0.31 33.15%
2283.HK TK Group (Holdings) Limited 16.99% $0.43 72.10%
1263.HK PC Partner Group Limited 16.85% $0.90 63.10%
2603.TW Evergreen Marine Corporation (Taiwan) Ltd. 16.83% $32.49 77.53%
ALHRG.PA Herige 16.78% $3.66 97.55%
TD-PFJ.TO The Toronto-Dominion Bank NCUM 5Y PFD SR18 16.67% $4.38 36.07%
S7MB.BE Securitas AB (publ) 16.59% $2.25 23.09%
1184.HK S.A.S. Dragon Holdings Limited 16.56% $0.75 52.32%
PBR-A Petróleo Brasileiro S.A. - Petrobras 16.54% $1.87 86.52%
VRLA.PA Verallia S.A. 16.47% $3.83 97.79%
6668.HK E-Star Commercial Management Company Limited 16.42% $0.23 72.71%
0098.HK Xingfa Aluminium Holdings Limited 16.13% $1.17 29.94%
ING.AX Inghams Group Limited 16.09% $0.41 79.67%
1234.HK China Lilang Limited 16.04% $0.54 66.61%