Loading...
Definitive Analysis

Financial Statements

Mode

Ticker

Industry

Sector

Page: Dividend Discount Model

Ares Dynamic Credit Allocation Fund, Inc.

Ticker: ARDC | Industry: Asset Management | Sector: Financial Services
$13.50 -0.04 (-0.30%)
As of: 2026-01-23

Master Data Export


Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$71.62 - $161.53$101.74
Multi-Stage DDM$22.26 - $24.32$23.27
Blended Fair Value$62.51
Stock Price$13.34

Dividend History (Last 10 Years)

Metric202420232022202120202019201820172016
DPS1.3521.3551.1951.1701.2000.2151.2891.2401.312
YoY %-0.23%13.43%2.14%-2.50%458.14%-83.33%3.97%-5.43%0.00%
Yield10.138%10.161%8.958%8.770%8.996%1.612%9.666%9.297%9.831%

CAGRValue
5 Year44.45%
10 Year0.00%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth5.50% to 7.50%6.50%
WACC9.39%9.39%
Fair Value$71.62 - $161.53$101.74

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income37.9837.9837.98
(=) Cash Required7.604.752.85
Cash Retained37.9837.9837.98
(-) Cash Required-7.60-4.75-2.85
(=) Excess Retained30.3833.2335.13
(/) Shares Outstanding23,542,00023,542,00023,542,000
(=) Excess Retained per Share1.291.411.49
LTM Dividend per Share1.3521.3521.352
(+) Excess Retained per Share1.291.411.49
(=) Adjusted Dividend2.6432.7642.845

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income37.9840.4543.0845.8848.8652.04
Payout Ratio83.8%25.0%41.0%57.0%73.0%90.0%
Projected Dividends31.8410.1117.6626.1535.6746.83

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV9.589.679.76
Year 2 PV15.1515.4415.73
Year 3 PV20.3120.8921.49
Year 4 PV25.0926.0527.04
Year 5 PV29.8331.2732.76
TV PV424.05444.53465.80
Equity Value524.00547.84572.57
Fair Value$22.26$23.27$24.32
Stock Price$13.34$13.34$13.34

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%