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Page: Dividend Discount Model

Calamos Global Dynamic Income Fund

Ticker: CHW | Industry: Asset Management - Income | Sector: Financial Services
$7.83 0.00 (0.00%)
As of: 2026-01-15

Master Data Export


Dividend Discount Models Snapshot

ModelRangeSelected
Stable Growth DDM$26.42 - $38.40$32.03
Multi-Stage DDM$26.27 - $28.84$27.53
Blended Fair Value$29.78
Stock Price$7.25

Dividend History (Last 10 Years)

Metric202420232022202120202019201820172016
DPS0.6000.5990.7880.8090.8250.8240.8200.8410.841
YoY %0.22%-24.04%-2.56%-1.90%0.11%0.45%-2.56%0.09%0.00%
Yield8.276%8.258%10.871%11.157%11.374%11.361%11.310%11.607%11.596%

CAGRValue
5 Year-6.14%
10 Year0.00%

Discounted Dividend Model - Stable Growth

MetricRangeSelected
LT Growth-0.30% to 1.70%0.70%
WACC9.00%9.00%
Fair Value$26.42 - $38.40$32.03

Calculation Details (Millions)

MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(*) Adjusted Net Income148.78148.78148.78
(=) Cash Required29.7618.6011.16
Cash Retained148.78148.78148.78
(-) Cash Required-29.76-18.60-11.16
(=) Excess Retained119.02130.18137.62
(/) Shares Outstanding63,864,38763,864,38763,864,387
(=) Excess Retained per Share1.862.042.15
LTM Dividend per Share0.6000.6000.600
(+) Excess Retained per Share1.862.042.15
(=) Adjusted Dividend2.4642.6382.755

Multi-Stage Projections (BASE Case - Millions)

MetricTTMYear 1Year 2Year 3Year 4Year 5
Net Income148.78149.82150.88151.94153.01154.09
Payout Ratio25.8%25.0%41.0%57.0%73.0%90.0%
Projected Dividends38.3237.4661.8686.61111.70138.68

Multi-Stage Valuation (Millions)

Present ValuesLOWBASEHIGH
Year 1 PV35.5235.8836.23
Year 2 PV53.2854.3655.44
Year 3 PV67.7669.8271.92
Year 4 PV79.3882.6185.94
Year 5 PV89.5294.1098.87
TV PV1,352.141,421.321,493.30
Equity Value1,677.601,758.091,841.71
Fair Value$26.27$27.53$28.84
Stock Price$7.25$7.25$7.25

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