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Definitive Analysis

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Page: Dividend Discount Model

Wells Fargo Advantage Funds - Allspring Income Opportunities Fund

Ticker: EAD | Industry: Asset Management - Income | Sector: Financial Services
$6.77 -0.05 (-0.73%)
As of: 2026-01-15

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Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$2.17 - $2.52$2.36
Multi-Stage DDM$1.56 - $1.76$1.66
Blended Fair Value$2.01
Stock Price$6.79

Dividend History (Last 10 Years)

Metric2025202420232022202120202019201820172016
DPS0.6310.5950.6760.7140.6840.7220.7210.7000.8140.797
YoY %6.00%-11.92%-5.43%4.39%-5.21%0.05%3.00%-13.94%2.10%-3.12%
Yield9.288%8.763%9.948%10.520%10.077%10.630%10.625%10.315%11.987%11.740%

CAGRValue
5 Year-2.66%
10 Year-2.62%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth-27.86% to -25.86%-26.86%
WACC9.00%9.00%
Fair Value$2.17 - $2.52$2.36

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income35.4835.4835.48
(=) Cash Required7.104.432.66
Cash Retained35.4835.4835.48
(-) Cash Required-7.10-4.43-2.66
(=) Excess Retained28.3831.0432.82
(/) Shares Outstanding59,092,33659,092,33659,092,336
(=) Excess Retained per Share0.480.530.56
LTM Dividend per Share0.6310.6310.631
(+) Excess Retained per Share0.480.530.56
(=) Adjusted Dividend1.1111.1561.186

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income35.4825.9518.9813.8810.157.43
Payout Ratio105.0%25.0%41.0%57.0%73.0%90.0%
Projected Dividends37.276.497.787.917.416.68

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV6.136.216.30
Year 2 PV6.656.847.03
Year 3 PV6.126.386.64
Year 4 PV5.195.485.79
Year 5 PV4.234.534.85
TV PV63.9368.4973.30
Equity Value92.2697.94103.91
Fair Value$1.56$1.66$1.76
Stock Price$6.79$6.79$6.79

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