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 % |
|---|---|---|---|---|
| MDC | MDC | 0.86% | $0.54 | 55.94% |
| AXP | AXP | 0.85% | $3.17 | 20.85% |
| FOXA | FOXA | 0.85% | $0.62 | 13.96% |
| LMST | LMST | 0.85% | $0.20 | 8.06% |
| RCL | RCL | 0.85% | $2.41 | 16.19% |
| AZZ | AZZ | 0.84% | $0.92 | 8.89% |
| HIBB | HIBB | 0.84% | $0.74 | 9.00% |
| MAR | MAR | 0.84% | $2.62 | 27.38% |
| MORN | MORN | 0.84% | $1.77 | 20.03% |
| SGH | SGH | 0.84% | $0.14 | 30.96% |
| URI | URI | 0.84% | $7.13 | 18.10% |
| 0HYJ.L | 0HYJ.L | 0.83% | $1.54 | 34.15% |
| EFX | EFX | 0.83% | $1.78 | 33.46% |
| GM | GM | 0.82% | $0.66 | 21.22% |
| KVSA | KVSA | 0.81% | $0.09 | 9.61% |
| WMT | WMT | 0.81% | $0.91 | 31.92% |
| BMI | BMI | 0.80% | $1.41 | 30.10% |
| FRD | FRD | 0.80% | $0.16 | 9.82% |
| ITT | ITT | 0.80% | $1.40 | 22.66% |
| MLI | MLI | 0.80% | $0.94 | 13.89% |
| SSSSL | SSSSL | 0.80% | $0.20 | 8.46% |
| RGLD | RGLD | 0.79% | $1.75 | 24.00% |
| VRSK | VRSK | 0.79% | $1.74 | 26.41% |
| COF | COF | 0.78% | $1.94 | 87.57% |
| EE | EE | 0.78% | $0.22 | 9.21% |
| 0K36.L | 0K36.L | 0.77% | $3.82 | 30.70% |
| HCI | HCI | 0.77% | $1.42 | 9.00% |
| PH | PH | 0.77% | $6.85 | 24.15% |
| SEI | SEI | 0.77% | $0.39 | 44.96% |
| 0HQN.L | 0HQN.L | 0.76% | $1.90 | 20.31% |
| ASIC | ASIC | 0.76% | $0.15 | 12.77% |
| GL | GL | 0.75% | $1.03 | 7.35% |
| 0KYY.L | 0KYY.L | 0.74% | $3.81 | 28.09% |
| PHM | PHM | 0.74% | $0.89 | 6.67% |
| ROP | ROP | 0.74% | $3.20 | 22.09% |
| ZWS | ZWS | 0.74% | $0.35 | 30.63% |
| JOE | JOE | 0.73% | $0.43 | 24.05% |
| TOL | TOL | 0.73% | $0.99 | 7.16% |
| TTEK | TTEK | 0.73% | $0.25 | 26.25% |
| 0HCB.L | 0HCB.L | 0.72% | $0.40 | 9.08% |
| A | A | 0.72% | $0.99 | 21.64% |
| FCFS | FCFS | 0.72% | $1.13 | 16.40% |
| TRAK | TRAK | 0.72% | $0.09 | 22.94% |
| BKNG | BKNG | 0.71% | $37.78 | 24.39% |
| PGC | PGC | 0.71% | $0.20 | 10.22% |
| ASO | ASO | 0.70% | $0.37 | 6.63% |
| BRO | BRO | 0.70% | $0.54 | 18.02% |
| INTU | INTU | 0.70% | $4.39 | 29.97% |
| MSFT | MSFT | 0.70% | $3.31 | 23.52% |
| NCR | NCR | 0.70% | $0.11 | 1.70% |