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 | $263.70 | |
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 | 0.39% | 0.37% | 0.36% | 0.34% | 0.33% | 0.30% | 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 % |
|---|---|---|---|---|
| PLYM | PLYM | 4.80% | $1.05 | 49.94% |
| SAFT | SAFT | 4.80% | $3.63 | 61.47% |
| CET | CET | 4.79% | $2.43 | 13.87% |
| GBLI | GBLI | 4.79% | $1.38 | 70.11% |
| JANIX | JANIX | 4.79% | $1.27 | 67.95% |
| MITN | MITN | 4.77% | $1.21 | 75.90% |
| PRU | PRU | 4.77% | $5.43 | 73.37% |
| IFAFX | IFAFX | 4.76% | $1.24 | 33.91% |
| AMECX | AMECX | 4.74% | $1.24 | 33.91% |
| UMPQ | UMPQ | 4.74% | $0.84 | 54.13% |
| NFBK | NFBK | 4.73% | $0.54 | 54.01% |
| SBSI | SBSI | 4.72% | $1.44 | 62.24% |
| TNL | TNL | 4.72% | $3.40 | 54.99% |
| AIRC | AIRC | 4.68% | $1.83 | 41.27% |
| SON | SON | 4.68% | $2.08 | 32.95% |
| OFLX | OFLX | 4.67% | $1.36 | 85.30% |
| FTAIO | FTAIO | 4.65% | $1.18 | 25.22% |
| WD | WD | 4.65% | $2.73 | 79.29% |
| 0J2Z.L | 0J2Z.L | 4.63% | $1.47 | 66.70% |
| FLMN | FLMN | 4.63% | $0.36 | 81.83% |
| GSRM | GSRM | 4.62% | $0.15 | 32.94% |
| FBFWX | FBFWX | 4.61% | $0.63 | 79.77% |
| GPS | GPS | 4.61% | $0.93 | 41.48% |
| QUAD | QUAD | 4.61% | $0.27 | 64.56% |
| BMY | BMY | 4.59% | $2.45 | 82.81% |
| WTBA | WTBA | 4.56% | $0.99 | 52.39% |
| SCPL | SCPL | 4.55% | $1.04 | 17.40% |
| OLP | OLP | 4.53% | $0.92 | 57.61% |
| RWAYL | RWAYL | 4.53% | $1.14 | 75.51% |
| INSW | INSW | 4.52% | $2.12 | 48.43% |
| RWAYZ | RWAYZ | 4.52% | $1.14 | 75.51% |
| D | D | 4.48% | $2.65 | 97.13% |
| TGT | TGT | 4.48% | $4.50 | 54.48% |
| COLB | COLB | 4.47% | $1.26 | 62.95% |
| DFPAX | DFPAX | 4.46% | $0.45 | 56.12% |
| KEY | KEY | 4.46% | $0.94 | 95.81% |
| RPTIX | RPTIX | 4.46% | $4.38 | 59.54% |
| CGBD | CGBD | 4.45% | $0.56 | 55.08% |
| NEWTP | NEWTP | 4.44% | $1.02 | 44.14% |
| PFC | PFC | 4.43% | $1.24 | 68.07% |
| BFC | BFC | 4.40% | $5.30 | 73.82% |
| DUK | DUK | 4.40% | $5.17 | 80.55% |
| 0L77.L | 0L77.L | 4.37% | $2.79 | 90.67% |
| ESCA | ESCA | 4.35% | $0.60 | 65.28% |
| DINO | DINO | 4.34% | $2.03 | 96.43% |
| LBAI | LBAI | 4.34% | $0.58 | 44.96% |
| CVX | CVX | 4.32% | $6.74 | 95.36% |
| CVBF | CVBF | 4.31% | $0.81 | 54.32% |
| HTBK | HTBK | 4.30% | $0.52 | 73.66% |
| EQR | EQR | 4.28% | $2.66 | 89.76% |