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 % |
|---|---|---|---|---|
| 0ELV.L | 0ELV.L | 7.06% | $1.01 | 31.15% |
| 215000.KQ | 215000.KQ | 7.05% | $3,999.37 | 63.09% |
| HLAG.DE | HLAG.DE | 7.05% | $8.28 | 61.62% |
| XVALO.MC | XVALO.MC | 7.05% | $0.81 | 62.96% |
| 0GN6.L | 0GN6.L | 7.04% | $4.61 | 30.62% |
| RIGD.IL | RIGD.IL | 7.04% | $5.00 | 8.14% |
| 600098.SS | 600098.SS | 7.03% | $0.46 | 69.93% |
| SORKON.BK | SORKON.BK | 7.03% | $0.25 | 71.33% |
| Z74.SI | Z74.SI | 7.03% | $0.32 | 87.72% |
| 603995.SS | 603995.SS | 7.02% | $1.27 | 69.10% |
| 6671.TW | 6671.TW | 7.02% | $2.51 | 94.63% |
| KPN.AS | KPN.AS | 7.02% | $0.28 | 69.30% |
| NNCL.BK | NNCL.BK | 7.02% | $0.11 | 82.26% |
| TEGH.BK | TEGH.BK | 7.02% | $0.21 | 37.13% |
| ASTAK.AT | ASTAK.AT | 7.01% | $0.52 | 52.38% |
| INETREIT.BK | INETREIT.BK | 7.01% | $0.80 | 45.08% |
| ABTG.MI | ABTG.MI | 7.00% | $0.12 | 35.81% |
| MMB.PA | MMB.PA | 7.00% | $1.31 | 64.26% |
| 0010.HK | 0010.HK | 6.99% | $1.07 | 42.37% |
| 0RP0.L | 0RP0.L | 6.99% | $1.11 | 66.15% |
| 1066.HK | 1066.HK | 6.99% | $0.35 | 41.33% |
| CAT31.PA | CAT31.PA | 6.99% | $7.49 | 18.27% |
| 037710.KS | 037710.KS | 6.98% | $2,199.76 | 40.80% |
| AP-R.BK | AP-R.BK | 6.98% | $0.60 | 40.92% |
| EASON.BK | EASON.BK | 6.97% | $0.08 | 60.98% |
| KEN | KEN | 6.97% | $4.71 | 54.85% |
| 015860.KS | 015860.KS | 6.96% | $474.09 | 52.60% |
| 3808.HK | 3808.HK | 6.96% | $1.93 | 43.31% |
| 603801.SS | 603801.SS | 6.96% | $0.64 | 94.30% |
| WOMF.JK | WOMF.JK | 6.96% | $22.56 | 31.36% |
| 601225.SS | 601225.SS | 6.95% | $1.48 | 75.05% |
| LOG.MC | LOG.MC | 6.95% | $2.09 | 80.25% |
| VCX.AX | VCX.AX | 6.95% | $0.18 | 52.81% |
| 0QME.L | 0QME.L | 6.94% | $8.30 | 58.10% |
| 3470.T | 3470.T | 6.94% | $7,579.06 | 62.91% |
| ARROW.BK | ARROW.BK | 6.93% | $0.35 | 69.42% |
| 003690.KS | 003690.KS | 6.92% | $797.51 | 38.80% |
| 3279.T | 3279.T | 6.92% | $9,742.12 | 89.07% |
| IL0A.IR | IL0A.IR | 6.92% | $0.16 | 39.09% |
| S41.SI | S41.SI | 6.92% | $0.18 | 75.53% |
| SECURITY.SN | SECURITY.SN | 6.92% | $23.11 | 97.85% |
| 2377.HK | 2377.HK | 6.91% | $0.07 | 12.31% |
| 601991.SS | 601991.SS | 6.91% | $0.24 | 65.75% |
| ALPJT.PA | ALPJT.PA | 6.91% | $0.52 | 36.16% |
| AZM.MI | AZM.MI | 6.91% | $2.47 | 71.18% |
| PPF.BK | PPF.BK | 6.91% | $0.75 | 81.09% |
| BOLSAA.MX | BOLSAA.MX | 6.90% | $2.59 | 84.50% |
| HYDRA.AS | HYDRA.AS | 6.90% | $12.08 | 39.09% |
| 0O6D.L | 0O6D.L | 6.89% | $1.00 | 41.40% |
| 0QO6.L | 0QO6.L | 6.89% | $3.91 | 99.57% |