Dividend Discount Models Snapshot
| Model | Range | Selected |
|---|---|---|
| Stable Growth DDM | $133.25 - $243.43 | $178.02 |
| Multi-Stage DDM | $100.63 - $110.15 | $105.30 |
| Blended Fair Value | $141.66 | |
| Stock Price | $259.51 | |
Dividend History (Last 10 Years)
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| DPS | 1.028 | 0.989 | 0.950 | 0.909 | 0.858 | 0.803 | 0.759 | 0.686 | 0.608 | 0.552 |
| YoY % | 3.95% | 4.05% | 4.53% | 5.97% | 6.78% | 5.80% | 10.75% | 12.79% | 10.07% | 10.69% |
| Yield | 0.40% | 0.38% | 0.37% | 0.35% | 0.33% | 0.31% | 0.29% | 0.26% | 0.23% | 0.21% |
| CAGR | Value |
|---|---|
| 5 Year | 5.05% |
| 10 Year | 7.49% |
Discounted Dividend Model - Stable Growth
| Metric | Range | Selected |
|---|---|---|
| LT Growth | 3.56% to 5.56% | 4.56% |
| WACC | 9.00% | 9.00% |
| Fair Value | $133.25 - $243.43 | $178.02 |
Calculation Details (Millions)
| Metric | LOW | BASE | HIGH |
|---|---|---|---|
| Required Retention Ratio | 20.0% | 12.5% | 7.5% |
| (*) Adjusted Net Income | 112,010.00 | 112,010.00 | 112,010.00 |
| (=) Cash Required | 22,402.00 | 14,001.25 | 8,400.75 |
| (=) Excess Retained per Share | 5.97 | 6.53 | 6.91 |
| LTM Dividend per Share | 1.028 | 1.028 | 1.028 |
| (=) Adjusted Dividend | 7.000 | 7.560 | 7.933 |
Multi-Stage Projections (BASE Case - Millions)
| Metric | TTM | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 |
|---|---|---|---|---|---|---|
| Net Income | 112,010.00 | 117,117.64 | 122,458.18 | 128,042.25 | 133,880.96 | 139,985.90 |
| Projected Dividends | 15,421.00 | 29,279.41 | 50,207.85 | 72,984.08 | 97,733.10 | 125,987.31 |
Multi-Stage Valuation (Millions)
| Present Values | LOW | BASE | HIGH |
|---|---|---|---|
| Year 1 PV | 27,776.37 | 28,044.59 | 28,312.80 |
| Year 2 PV | 43,279.76 | 44,119.63 | 44,967.58 |
| Year 3 PV | 57,166.46 | 58,838.54 | 60,542.92 |
| Year 4 PV | 69,559.23 | 72,285.12 | 75,090.35 |
| Year 5 PV | 81,477.91 | 85,488.48 | 89,655.43 |
| TV PV | 1,230,657.40 | 1,291,233.65 | 1,354,172.13 |
| Equity Value | 1,509,917.14 | 1,580,010.01 | 1,652,741.22 |
| Fair Value | $100.63 | $105.30 | $110.15 |
Top Dividend Stocks
| Ticker | Company Name | Yield % | DPS | Payout % |
|---|---|---|---|---|
| EXPD | EXPD | 0.99% | $1.50 | 24.32% |
| LISOX | LISOX | 0.99% | $0.13 | 36.87% |
| MXC | MXC | 0.99% | $0.10 | 12.25% |
| NIC | NIC | 0.99% | $1.19 | 12.58% |
| PAYC | PAYC | 0.99% | $1.51 | 18.80% |
| RRC | RRC | 0.99% | $0.35 | 14.60% |
| WLFC | WLFC | 0.99% | $1.32 | 7.58% |
| WOR | WOR | 0.99% | $0.52 | 23.95% |
| CNXN | CNXN | 0.98% | $0.56 | 16.89% |
| CAT | CAT | 0.97% | $5.78 | 29.40% |
| CNK | CNK | 0.97% | $0.23 | 18.28% |
| ECL | ECL | 0.97% | $2.54 | 36.57% |
| EVR | EVR | 0.97% | $3.41 | 27.02% |
| LSBK | LSBK | 0.96% | $0.14 | 24.34% |
| 0ITL.L | 0ITL.L | 0.95% | $2.42 | 39.43% |
| 0IZI.L | 0IZI.L | 0.95% | $9.52 | 26.47% |
| 0L5V.L | 0L5V.L | 0.95% | $3.11 | 30.09% |
| 0R2S.L | 0R2S.L | 0.95% | $3.28 | 43.09% |
| RRX | RRX | 0.95% | $1.39 | 36.07% |
| WT | WT | 0.95% | $0.12 | 18.12% |
| J | J | 0.94% | $1.27 | 53.80% |
| ORCL | ORCL | 0.94% | $1.84 | 34.81% |
| TCBS | TCBS | 0.94% | $0.17 | 19.22% |
| IMKTA | IMKTA | 0.93% | $0.65 | 14.68% |
| ODC | ODC | 0.93% | $0.45 | 12.28% |
| PENG | PENG | 0.93% | $0.19 | 40.17% |
| SSBK | SSBK | 0.93% | $0.34 | 9.19% |
| DAL | DAL | 0.92% | $0.63 | 8.94% |
| HIFS | HIFS | 0.92% | $2.49 | 12.15% |
| RL | RL | 0.92% | $3.34 | 24.37% |
| OPY | OPY | 0.91% | $0.66 | 8.90% |
| BGC | BGC | 0.90% | $0.08 | 23.56% |
| CDRE | CDRE | 0.90% | $0.37 | 33.35% |
| MBNKP | MBNKP | 0.90% | $0.23 | 12.50% |
| JBHT | JBHT | 0.89% | $1.75 | 30.14% |
| NYT | NYT | 0.89% | $0.62 | 30.32% |
| RMD | RMD | 0.89% | $2.18 | 22.31% |
| VBFC | VBFC | 0.89% | $0.72 | 15.35% |
| 0I14.L | 0I14.L | 0.88% | $0.32 | 49.16% |
| AR | AR | 0.88% | $0.30 | 17.15% |
| LDOS | LDOS | 0.88% | $1.61 | 14.88% |
| LMAT | LMAT | 0.88% | $0.70 | 32.20% |
| NNI | NNI | 0.88% | $1.14 | 9.52% |
| PFSI | PFSI | 0.88% | $1.16 | 12.49% |
| SMBK | SMBK | 0.88% | $0.32 | 11.76% |
| BYD | BYD | 0.87% | $0.75 | 3.22% |
| ROST | ROST | 0.87% | $1.59 | 24.85% |
| BBSI | BBSI | 0.86% | $0.31 | 15.02% |
| BCO | BCO | 0.86% | $1.00 | 24.81% |
| HXL | HXL | 0.86% | $0.66 | 77.18% |