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 % |
|---|---|---|---|---|
| GATX | GATX | 1.45% | $2.47 | 28.36% |
| SF | SF | 1.45% | $1.86 | 30.82% |
| 0HFN.L | 0HFN.L | 1.44% | $3.90 | 84.88% |
| HAYN | HAYN | 1.44% | $0.88 | 30.16% |
| 0I58.L | 0I58.L | 1.43% | $7.42 | 38.53% |
| 0HRJ.L | 0HRJ.L | 1.42% | $0.51 | 33.32% |
| OLED | OLED | 1.42% | $1.73 | 37.24% |
| BBW | BBW | 1.41% | $0.86 | 19.50% |
| LBC | LBC | 1.41% | $0.13 | 17.07% |
| SNDR | SNDR | 1.41% | $0.38 | 58.72% |
| 0R13.L | 0R13.L | 1.40% | $1.16 | 36.55% |
| COHN | COHN | 1.40% | $0.35 | 48.05% |
| HLI | HLI | 1.40% | $2.48 | 39.81% |
| PATK | PATK | 1.40% | $1.54 | 44.05% |
| CXT | CXT | 1.39% | $0.66 | 24.82% |
| ESBA | ESBA | 1.39% | $0.09 | 49.94% |
| MMS | MMS | 1.39% | $1.21 | 21.54% |
| WYNN | WYNN | 1.39% | $1.70 | 34.98% |
| ATEN | ATEN | 1.38% | $0.24 | 34.61% |
| HYAC | HYAC | 1.38% | $0.16 | 37.41% |
| ISTR | ISTR | 1.38% | $0.36 | 18.11% |
| MCY | MCY | 1.38% | $1.27 | 16.00% |
| ACU | ACU | 1.37% | $0.55 | 28.31% |
| DE | DE | 1.36% | $6.34 | 34.22% |
| HYAC-UN | HYAC-UN | 1.36% | $0.16 | 37.41% |
| RTX | RTX | 1.36% | $2.56 | 52.52% |
| 0HIN.L | 0HIN.L | 1.35% | $3.22 | 19.47% |
| AL | AL | 1.35% | $0.86 | 9.51% |
| BGCP | BGCP | 1.34% | $0.06 | 11.88% |
| ESRT | ESRT | 1.34% | $0.09 | 49.94% |
| HUM | HUM | 1.34% | $3.55 | 33.23% |
| ZEUS | ZEUS | 1.34% | $0.59 | 50.16% |
| 0K9L.L | 0K9L.L | 1.33% | $2.22 | 31.04% |
| BY | BY | 1.33% | $0.39 | 13.97% |
| LPX | LPX | 1.33% | $1.09 | 35.19% |
| OPOF | OPOF | 1.33% | $0.56 | 32.91% |
| WSM | WSM | 1.33% | $2.50 | 27.85% |
| RUSHA | RUSHA | 1.32% | $0.71 | 21.15% |
| VLEOX | VLEOX | 1.32% | $0.79 | 56.29% |
| 0IW7.L | 0IW7.L | 1.31% | $1.01 | 13.82% |
| APO | APO | 1.31% | $1.92 | 27.59% |
| EMP | EMP | 1.31% | $0.27 | 6.72% |
| NDSN | NDSN | 1.31% | $3.15 | 36.67% |
| ROK | ROK | 1.31% | $5.23 | 68.01% |
| UMBF | UMBF | 1.31% | $1.52 | 18.87% |
| 0L3I.L | 0L3I.L | 1.30% | $1.29 | 28.42% |
| 0R2X.L | 0R2X.L | 1.30% | $1.15 | 72.69% |
| EBAY | EBAY | 1.30% | $1.13 | 24.20% |
| GGG | GGG | 1.30% | $1.07 | 36.31% |
| HES | HES | 1.30% | $1.94 | 26.90% |