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 % |
|---|---|---|---|---|
| EFN-PA.TO | EFN-PA.TO | 1.77% | $0.44 | 38.48% |
| RMS.AX | RMS.AX | 1.77% | $0.07 | 12.68% |
| RSTIP.ME | RSTIP.ME | 1.77% | $0.02 | 5.65% |
| TRI | TRI | 1.77% | $2.24 | 57.46% |
| UFOE.JK | UFOE.JK | 1.77% | $3.26 | 16.08% |
| 002073.SZ | 002073.SZ | 1.76% | $0.14 | 31.34% |
| 068290.KS | 068290.KS | 1.76% | $199.53 | 21.01% |
| 0EWR.L | 0EWR.L | 1.76% | $0.80 | 47.67% |
| 300923.SZ | 300923.SZ | 1.76% | $0.45 | 71.34% |
| 600019.SS | 600019.SS | 1.76% | $0.13 | 29.23% |
| 600176.SS | 600176.SS | 1.76% | $0.30 | 34.66% |
| 603225.SS | 603225.SS | 1.76% | $0.34 | 48.02% |
| 7269.T | 7269.T | 1.76% | $41.02 | 19.60% |
| 7556.TWO | 7556.TWO | 1.76% | $2.90 | 43.54% |
| AWRD.ST | AWRD.ST | 1.76% | $2.30 | 82.26% |
| AXS | AXS | 1.76% | $1.84 | 14.40% |
| KCR.HE | KCR.HE | 1.76% | $1.65 | 33.86% |
| SY1.DE | SY1.DE | 1.76% | $1.20 | 33.09% |
| VINTE.MX | VINTE.MX | 1.76% | $0.57 | 14.97% |
| 002350.KS | 002350.KS | 1.75% | $130.25 | 8.28% |
| 003019.SZ | 003019.SZ | 1.75% | $0.58 | 54.54% |
| 300951.SZ | 300951.SZ | 1.75% | $0.60 | 51.92% |
| 301156.SZ | 301156.SZ | 1.75% | $0.31 | 73.33% |
| 3242.T | 3242.T | 1.75% | $10.02 | 9.72% |
| 603045.SS | 603045.SS | 1.75% | $0.34 | 78.02% |
| 7512.T | 7512.T | 1.75% | $15.97 | 69.82% |
| ICC.BK | ICC.BK | 1.75% | $0.43 | 29.50% |
| IMD.AX | IMD.AX | 1.75% | $0.06 | 37.34% |
| KRI.AT | KRI.AT | 1.75% | $0.35 | 41.81% |
| PEAB-B.ST | PEAB-B.ST | 1.75% | $1.51 | 26.14% |
| SIMP.JK | SIMP.JK | 1.75% | $10.00 | 8.73% |
| 001820.KS | 001820.KS | 1.74% | $525.09 | 39.85% |
| 006260.KS | 006260.KS | 1.74% | $3,619.10 | 44.44% |
| 006880.KS | 006880.KS | 1.74% | $119.62 | 28.35% |
| 030520.KQ | 030520.KQ | 1.74% | $409.94 | 76.57% |
| 243070.KQ | 243070.KQ | 1.74% | $475.63 | 15.69% |
| 300488.SZ | 300488.SZ | 1.74% | $0.57 | 63.18% |
| 300787.SZ | 300787.SZ | 1.74% | $0.20 | 56.29% |
| 316140.KS | 316140.KS | 1.74% | $487.02 | 11.05% |
| 603817.SS | 603817.SS | 1.74% | $0.12 | 32.99% |
| 603885.SS | 603885.SS | 1.74% | $0.26 | 76.13% |
| 688566.SS | 688566.SS | 1.74% | $0.52 | 42.91% |
| CRLA.PA | CRLA.PA | 1.74% | $1.41 | 7.62% |
| IVG.MI | IVG.MI | 1.74% | $0.33 | 27.33% |
| LTX.WA | LTX.WA | 1.74% | $0.12 | 31.81% |
| MICE.JK | MICE.JK | 1.74% | $10.00 | 13.08% |
| 1334.HK | 1334.HK | 1.73% | $0.02 | 76.84% |
| 4689.T | 4689.T | 1.73% | $7.20 | 24.40% |
| 603926.SS | 603926.SS | 1.73% | $0.30 | 66.82% |
| 688533.SS | 688533.SS | 1.73% | $0.50 | 45.54% |