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 % |
|---|---|---|---|---|
| HAG.DE | HAG.DE | 0.66% | $0.50 | 63.74% |
| UD.MI | UD.MI | 0.66% | $0.02 | 3.58% |
| 001376.SZ | 001376.SZ | 0.65% | $0.11 | 29.04% |
| 002172.SZ | 002172.SZ | 0.65% | $0.03 | 46.77% |
| 300151.SZ | 300151.SZ | 0.65% | $0.10 | 75.57% |
| 300258.SZ | 300258.SZ | 0.65% | $0.09 | 39.89% |
| 300654.SZ | 300654.SZ | 0.65% | $0.06 | 62.95% |
| 300943.SZ | 300943.SZ | 0.65% | $0.13 | 49.41% |
| 601999.SS | 601999.SS | 0.65% | $0.04 | 18.29% |
| QIA.DE | QIA.DE | 0.65% | $0.25 | 13.38% |
| SECARE.ST | SECARE.ST | 0.65% | $0.25 | 63.49% |
| 000801.SZ | 000801.SZ | 0.64% | $0.11 | 63.58% |
| 000930.SZ | 000930.SZ | 0.64% | $0.04 | 71.93% |
| 001379.SZ | 001379.SZ | 0.64% | $0.15 | 36.41% |
| 002409.SZ | 002409.SZ | 0.64% | $0.48 | 24.63% |
| 002692.SZ | 002692.SZ | 0.64% | $0.03 | 34.32% |
| 0IWU.L | 0IWU.L | 0.64% | $0.10 | 11.84% |
| 300219.SZ | 300219.SZ | 0.64% | $0.05 | 49.42% |
| 300623.SZ | 300623.SZ | 0.64% | $0.17 | 29.65% |
| 300690.SZ | 300690.SZ | 0.64% | $0.21 | 21.24% |
| 300695.SZ | 300695.SZ | 0.64% | $0.64 | 18.48% |
| 4749.TWO | 4749.TWO | 0.64% | $5.98 | 58.12% |
| 600095.SS | 600095.SS | 0.64% | $0.07 | 49.70% |
| 603124.SS | 603124.SS | 0.64% | $0.50 | 35.67% |
| 603325.SS | 603325.SS | 0.64% | $0.50 | 8.86% |
| 603486.SS | 603486.SS | 0.64% | $0.52 | 18.47% |
| BN | BN | 0.64% | $0.30 | 70.51% |
| DRREDDY.BO | DRREDDY.BO | 0.64% | $7.98 | 11.36% |
| HANZA.ST | HANZA.ST | 0.64% | $0.80 | 18.41% |
| IGTI11.SA | IGTI11.SA | 0.64% | $0.16 | 34.52% |
| PORF.AS | PORF.AS | 0.64% | $0.08 | 18.65% |
| SAPR11.SA | SAPR11.SA | 0.64% | $0.26 | 19.37% |
| 002065.SZ | 002065.SZ | 0.63% | $0.06 | 51.09% |
| 002139.SZ | 002139.SZ | 0.63% | $0.09 | 19.42% |
| 272210.KS | 272210.KS | 0.63% | $347.78 | 10.94% |
| 281820.KS | 281820.KS | 0.63% | $265.67 | 10.18% |
| 300018.SZ | 300018.SZ | 0.63% | $0.07 | 27.36% |
| 300776.SZ | 300776.SZ | 0.63% | $0.39 | 16.60% |
| 3150.T | 3150.T | 0.63% | $15.99 | 8.02% |
| 600160.SS | 600160.SS | 0.63% | $0.24 | 16.55% |
| 601965.SS | 601965.SS | 0.63% | $0.10 | 11.50% |
| 605016.SS | 605016.SS | 0.63% | $0.14 | 17.52% |
| 6739.TWO | 6739.TWO | 0.63% | $4.97 | 42.19% |
| 688676.SS | 688676.SS | 0.63% | $0.57 | 39.57% |
| 688757.SS | 688757.SS | 0.63% | $0.17 | 80.32% |
| MTRKS.IS | MTRKS.IS | 0.63% | $0.14 | 7.25% |
| PXS | PXS | 0.63% | $0.02 | 66.98% |
| XANO-B.ST | XANO-B.ST | 0.63% | $0.49 | 12.66% |
| 000917.SZ | 000917.SZ | 0.62% | $0.06 | 54.47% |
| 002090.SZ | 002090.SZ | 0.62% | $0.07 | 35.48% |