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 % |
|---|---|---|---|---|
| ODFL | ODFL | 0.69% | $1.10 | 22.00% |
| RRBI | RRBI | 0.69% | $0.48 | 7.90% |
| SSD | SSD | 0.69% | $1.14 | 13.76% |
| WCC | WCC | 0.69% | $1.75 | 13.38% |
| ALG | ALG | 0.68% | $1.15 | 11.96% |
| CBK | CBK | 0.68% | $0.16 | 6.13% |
| IRMD | IRMD | 0.68% | $0.65 | 39.59% |
| UNF | UNF | 0.68% | $1.32 | 16.37% |
| WTS | WTS | 0.68% | $1.90 | 19.65% |
| 0HF3.L | 0HF3.L | 0.67% | $2.25 | 28.12% |
| AIT | AIT | 0.67% | $1.75 | 16.64% |
| CLMB | CLMB | 0.67% | $0.68 | 14.50% |
| ASTH | ASTH | 0.66% | $0.17 | 86.52% |
| AVGO | AVGO | 0.66% | $2.28 | 48.18% |
| ENS | ENS | 0.66% | $0.99 | 11.20% |
| HLIO | HLIO | 0.66% | $0.36 | 35.50% |
| ICFI | ICFI | 0.66% | $0.56 | 10.52% |
| VMC | VMC | 0.66% | $1.93 | 22.82% |
| AAME | AAME | 0.65% | $0.02 | 7.99% |
| AMAT | AMAT | 0.65% | $1.73 | 19.78% |
| CRM | CRM | 0.65% | $1.64 | 21.86% |
| GHC | GHC | 0.65% | $7.06 | 4.22% |
| LFAC | LFAC | 0.65% | $0.07 | 24.33% |
| BSY | BSY | 0.64% | $0.25 | 30.41% |
| EHC | EHC | 0.64% | $0.68 | 12.77% |
| LAD | LAD | 0.64% | $2.13 | 6.25% |
| PRBM | PRBM | 0.64% | $0.06 | 5.11% |
| VRSN | VRSN | 0.64% | $1.54 | 17.77% |
| AWI | AWI | 0.63% | $1.24 | 17.71% |
| ESQ | ESQ | 0.63% | $0.64 | 11.29% |
| SGI | SGI | 0.63% | $0.56 | 37.60% |
| ULS | ULS | 0.63% | $0.51 | 30.38% |
| VMI | VMI | 0.63% | $2.58 | 21.97% |
| ARCB | ARCB | 0.62% | $0.48 | 11.39% |
| V | V | 0.62% | $2.13 | 23.10% |
| LSXMA | LSXMA | 0.61% | $0.14 | 1.73% |
| 0J1R.L | 0J1R.L | 0.60% | $2.81 | 10.70% |
| MPWR | MPWR | 0.60% | $5.66 | 14.34% |
| RXN | RXN | 0.60% | $0.39 | 24.10% |
| 0I47.L | 0I47.L | 0.59% | $5.05 | 27.04% |
| DJCO | DJCO | 0.59% | $2.95 | 4.20% |
| DRS | DRS | 0.59% | $0.20 | 20.75% |
| FCNCA | FCNCA | 0.59% | $12.69 | 7.01% |
| AME | AME | 0.58% | $1.20 | 19.00% |
| KLAC | KLAC | 0.57% | $7.26 | 22.67% |
| SXI | SXI | 0.57% | $1.27 | 29.15% |
| RDVT | RDVT | 0.56% | $0.29 | 37.32% |
| 0IRE.L | 0IRE.L | 0.55% | $0.30 | 16.72% |
| AIMC | AIMC | 0.55% | $0.34 | 17.56% |
| BWXT | BWXT | 0.55% | $1.00 | 29.87% |